- Filed
- Hearing held
- Approved
- State permits pending
- Under construction
- Fully built
- Stage
- Approved, not yet underway
- Town
- Toms River
- County
- Ocean County
- Type
- Residential
- Size
- 125 homes
- Latest step
- Jul 29, 2026
The project
A proposed 100% affordable rental development on two township-owned lots at 1976 and 1980 Lakewood Road, to be built by Velocity Affordables, LLC under a development agreement with the township.
Where it is
Steps so far
- Hearing held
Toms River Township Council minutes list, as items from the floor, an ordinance making Block 171, Lots 23 and 42 part of an MF-16 affordable overlay with a 100% set-aside, and a resolution supporting a 100% affordable project there by Beacon Estates, LLC; no vote is recorded in the minutes.
Source: Toms River Township Council · Read the document - Filed
Toms River Township Council agenda lists the MF-16 affordable overlay ordinance for final reading.
Source: Toms River Township Council · Read the document - Hearing held
Toms River Township Council passed on first reading, 7 to 0, an ordinance designating Block 171, Lots 23 and 42 as an MF-16 affordable overlay with a 100% set-aside.
Source: Toms River Township Council · Read the document - Filed
Toms River Township Council agenda lists the Block 171, Lots 23 and 42 overlay ordinance for final reading.
Source: Toms River Township Council · Read the document - Approved
Toms River Township Council adopted on final reading, 4 to 2 with 1 abstaining, the ordinance designating Block 171, Lots 23 and 42 as an MF-16 affordable overlay with a 100% set-aside.
Source: Toms River Township Council · Read the document - Hearing held
At a special meeting the council voted 4 to 3 to table the resolution approving the development agreement and an amended mediation agreement with Fair Share Housing Center, and the ordinance creating the overlay zone. Nothing about this project was approved.
Source: Toms River Township Council · Read the document
Each step is our own summary of a public board or agency document, linked where the document is online. A project's status can change at the next meeting. General information, not legal advice. Justin Kelly, NJ Real Estate Broker-Salesperson, License #1540232. Brokered with OMNI Real Estate Professionals. Equal Housing Opportunity.