The 99 two-bedroom apartments will include 74 market-rate units and 25 affordable units. The 68 one-bedroom apartments will include 64 market-rate apartments and eight affordable housing units. Of the 15 studio apartments, 12 will be market rate units and three will be affordable housing units. ![]() The apartment building will include studio, one-, two- and three-bedroom apartments. Of the 200 apartments in the new development, 160 will be market-rate units and 40 will be earmarked for low- and moderate-income households. Princeton is one of many New Jersey towns sued by the Fair Share Housing Center for its alleged failure to provide its fair share of affordable housing.Īn inclusionary development includes a mix of market-rate and affordable housing units. The apartment building is one of several inclusionary affordable housing development sites in Princeton’s fair share housing plan. ![]() will construct and own the apartment building. Princeton (Edens) LLC will subdivide part of the Princeton Shopping Center property to develop a four-story rental apartment building in the parking lot opposite the Walgreens pharmacy.
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