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K. Hovnanian® Offers Premium Kitchen Upgrades for Spring

04/05/2016

April 2016: This season, the question for homebuyers is: “What’s Cooking for Spring?” The Northeast Division of K. Hovnanian® Homes is answering that question by offering a special “Spring Kitchen Extravaganza” for new homebuyers. For a limited time this season, the builder is offering a free kitchen upgrade with the purchase of a new home at any K. Hovnanian® community in New Jersey and northeastern Pennsylvania. This premium kitchen upgrade is on all new contracts signed between April 1, 2016 and April 30, 2016. The kitchen incentive varies by community and homesite, so buyers are encouraged to see a sales associate at the community of their choice for full details.

“Over the years, the kitchen has taken a place of increased prominence in the American home,” said Barry McCarron, President of K. Hovnanian’s® Northeast Division. “The kitchen is not only one of the most popular gathering places when you’re entertaining at home, but it’s really the center of a family’s day-to-day living. And of course, it’s also one of the most important rooms in terms of increasing a home’s value. That’s why this spring, we’re offering kitchen upgrades with every new home purchased. This is a great chance to get the kitchen you’ve dreamed about, at no extra cost.”

As one of the nation’s largest homebuilders, and the largest builder in New Jersey, K. Hovnanian® offers a variety of home styles in communities throughout the Garden State and northeastern Pennsylvania, so there’s truly something for everyone – from townhomes to single-family homes and 55+ active-lifestyle homes. All K. Hovnanian® homes feature the finest details and finishes, including designer and gourmet kitchens that include beautifully crafted cabinetry and a variety of choices in countertops, flooring and appliances.

Participating communities in K. Hovnanian’s® spring kitchen event include: Bayport on Lake’s Bay in Egg Harbor Township; Cambridge Crossing in South Brunswick; Doylestown Greene in Doylestown, PA; K. Hovnanian’s® Four Seasons at Great Notch Spa & Club in Woodland Park/Clifton; K. Hovnanian’s® Four Seasons at Harbor Bay in Little Egg Harbor; K. Hovnanian’s® Four Seasons at Monmouth Woods in Howell Township; K. Hovnanian’s® Four Seasons at Monroe in Monroe Township; Magnolia Ridge Estates in East Windsor; Montgomery Ridge in Montgomery, NJ; The Oaks at Cranbury in South Brunswick; and Reserve at Montvale in Montvale.

At K. Hovnanian’s® Four Seasons at Great Notch, all homes within the community are subject to an age-restriction whereby the homes are restricted to use. For occupancy of the home in Clifton, at least one person must be age 55 years or over. For occupancy of the homes in Woodland Park, up to 15% of the homes can be occupied where at least one person is age 50 or over. The remaining homes must have one person age 55 or over. There may be no permanent resident being under the age of 19 in the community. For all other K. Hovnanian’s® Four Seasons communities, all homes within the community are subject to an age-restriction whereby the homes are restricted to use and occupancy by at least one person of age 55 years or over, and with no permanent resident being under the age of 19.

For information on specific kitchen upgrades and incentives during this spring savings event, visit one of the participating communities or call the sales office to speak with an associate for details. For more information or directions to any K. Hovnanian® Homes community, visit khov.com/nj; or call 1-888-KHOV-HOME.

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, New Jersey, 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® and Parkwood Builders. As the developer of K. Hovnanian’s® Four Seasons communities, the Company is also one of the nation’s largest builders of active lifestyle communities.

Additional information on Hovnanian Enterprises, Inc., including a summary investment profile and the Company’s 2015 annual report, can be accessed through the “Investor Relations” section of the Hovnanian Enterprises’ website at http://www.khov.com. To be added to Hovnanian's investor e-mail list, please send an e-mail to IR@khov.com or sign up at http://www.khov.com.

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