Its town-house rental project would have no age restrictions.

Work is proceeding on the first of the company's two town-house projects.

All four campus dormitories have been refurbished, and work is under way on a 48-unit town-house project for on-campus faculty housing.

There are also 106 town-house projects under construction.

Next month the company will open the sales office for a 1,200-unit condominium and town-house project in Jersey City, with prices starting around $100,000.

The town-house project, Woods at Holmdel, will sit on 30 acres.

In recent years, it has shifted toward more moderate-oriced town-house projects, with many units selling in the $200,000's.

Construction start schedules for four new town-house projects containing 465 units have come and gone.

Now, after 200 years as a village, it is getting its own little town-house project.

While it has a few businesses and two town-house projects, the township has managed through zoning to keep out large-scale corporate development and apartment buildings.