Every Apartment in the Property. All 148.
Woodbury, New Jersey — 48 one-bedrooms, 100 two-bedrooms, renovated under an agreement that keeps every unit affordable.
- Apartments
- 148
- Unit Mix
- 48 one-bedroom · 100 two-bedroom
- Location
- 231 N. Evergreen Avenue, Woodbury, NJ (Gloucester County)
- Type
- Affordable housing preservation
- Owner Entity
- Woodlake Apartments Preservation, L.P.
- Property Management
- Related Management Company
- Public Agreement
- PILOT with the City of Woodbury; NJHMFA tax abatement approved February 2024
- Affordability
- All 148 units deed-restricted — low and very-low income
- PPR's Role
- Unit turnarounds, subcontracted to the GC
- Status
- In progress
The Job
Woodlake is a 148-unit affordable family property in Woodbury, New Jersey. Under a preservation agreement with the City, every apartment is being renovated and every unit stays deed-restricted as affordable housing — low and very-low income — rather than converting to market rate.
PPR is turning the apartments. All 148 of them.
What PPR Handles
Full unit turnarounds across the property:
- Kitchens
- Bathrooms
- Flooring
- Interior doors and hardware
- Paint throughout
Two Unit Types, One Standard
Forty-eight one-bedrooms and a hundred two-bedrooms. Two layouts, two sets of dimensions, two material takeoffs — and one finished standard that has to read the same in both.
That's the quiet discipline in a whole-property turn. The two-bedroom on the far end has to match the one-bedroom by the entrance, or the property reads as renovated in patches.
Why This One Counts Locally
Woodbury's own housing plan applies 77 of these units toward the City's remaining fourth-round affordable housing obligation. In other words, this property isn't just being fixed — it's carrying a meaningful share of the City's affordable housing commitment.
Work that a municipality is counting on tends to get looked at closely. That suits us.
A whole property. Two unit types. One finished standard.