Press Release brought to you by K. Hovnanian Homes

Hundreds Attend Grand Opening of Farm Estates at Waldwick

05/08/2014

Waldwick, NJ, May 2014 Farm Estates, a new collection of upscale, two-story townhomes in Bergen County, unveiled its first model home at a Grand Opening Celebration on April 26th and 27th. Over 200 visitors attended the event during the course of the weekend, on site at the new community in Waldwick. The builder reports that more than a third of the community’s limited edition collection of 31 townhomes was sold during the weekend.

The Grand Opening presented the first opportunity for interested buyers and other guests to see and walk through the first highly anticipated new model home at Farm Estates, one of the newest communities being developed by award-winning K. Hovnanian® Homes®, New Jersey’s largest homebuilder.

Randy Brosseau, Area President for K. Hovnanian’s® Northeast Division, commented on the success of the grand opening event. “We expected a large turnout for this opening and we were not disappointed,” Brosseau said. “Farm Estates has generated a lot of interest since we announced the community earlier this year. In fact, our initial interest list of potential buyers has over 600 names on it, which indicates a real demand for this type of luxury townhome in this part of Bergen County. And with only 31 homes for sale, the demand has been especially strong, as people recognize that this truly is a limited opportunity. And now, after the sales we had during our grand opening weekend, the selection of homes is even more limited. I encourage anyone who is interested in this community to come and visit soon, because all signs indicate that these homes will not be available for much longer.”

Buyers at Farm Estates have a choice of two spacious floorplans, the Albright and the Bryn Mawr models. Homes feature from 1,971 to 2,053 square feet of luxurious living space, with three bedrooms, two-and-a-half baths, basements, garages, and a variety of high-end features. Of course, homeowners will also enjoy the desirable low-maintenance lifestyle that accompanies upscale townhome living. Pricing, which is subject to change, is from the low-$500s.

Located only 18 miles from New York City, Farm Estates offers one of North Jersey’s most convenient addresses. The new community provides easy access to Route 17 and the Garden State Parkway. The Waldwick New Jersey Transit train station is only a few minutes away, making it ideal for commuters. The surrounding area offers every urban convenience within minutes of the neighborhood, from major highways to a large and diverse collection of fine restaurants, upscale shopping, parks, golf courses and other recreational activities. Families will also appreciate the opportunity to live in the exceptional, award-winning Waldwick School District.

Visit Farm Estates soon, while there are still outstanding opportunities available. Walk through the new model home and see what hundreds of homebuyers have already discovered at Bergen County’s hottest new upscale neighborhood. The community is located at 2 Masterson Court (GPS address: 42 Pineview Drive) in Waldwick, NJ. For directions or additional information, call (888) 994-7683. You may also learn more about the community online at www.khov.com/FarmEstates.

ABOUT HOVNANIAN ENTERPRISES®, INC.:

Hovnanian Enterprises, Inc., founded in 1959 by Kevork S. Hovnanian, is headquartered in Red Bank, New Jersey. The Company is one of the nation’s largest homebuilders with operations in Arizona, California, Delaware, Florida, Georgia, Illinois, Maryland, Minnesota, New Jersey, North Carolina, Ohio, Pennsylvania, South Carolina, Texas, Virginia, Washington, D.C. and West Virginia. The Company’s homes are marketed and sold under the trade names K. Hovnanian® Homes®, Brighton Homes®, Parkwood Builders, Town & Country Homes and Oster Homes. As the developer of K. Hovnanian’s® Four Seasons communities, the Company is also one of the nation’s largest builders of active adult homes.

Additional information on Hovnanian Enterprises, Inc., including a summary investment profile and the Company’s 2013 annual report, can be accessed through the “Investor Relations” section of the Hovnanian Enterprises’ website at www.khov.com. To be added to Hovnanian's investor e-mail or fax lists, please send an e-mail to IR@khov.com or sign up at www.khov.com.

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05/08/2014 - 12:09

Source

K. Hovnanian Homes

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