I studied Soviet economics in college and we had a term for this: “cooperative housing”. It is centrally planned socialist economics pure and simple:

In its landmark Mount Laurel decisions of 1975 and 1985, the state Supreme Court declared all New Jersey towns must ensure that their low- and moderate-income residents have affordable housing.
Under the state Fair Housing Act of 1985, the state Council on Affordable Housing determines the number of affordable houses or apartments a town needs. The council cannot mandate construction, however; builders have gone to court to force towns to accept developments that include affordable housing.

Why have the courts found it to be a “right” that everyone must be able to live everywhere?

In case one wonders of how economists view such policies, consider according to “Market vs. Rationing: The Case of Soviet Housing”, Michael Alexeev The Review of Economics and Statistics, Vol. 70, No. 3 (Aug., 1988), pp. 414-420:

“It is well known that the system of housing allocation in the USSR lends itself to improprieties, corruption, and the preferential treatment of certain customers.”

It’s sad and ironic that the Soviet Union failed in part due to such Marxist economic policies, but in New Jersey the same policies are alive and well. The “Garden State” should change its name to “Union of Socialist New Jersey”.