Press Release brought to you by K. Hovnanian Homes

K. Hovnanian® Wins Big at 2016 FAME Awards, including Two for “Community of the Year”

03/29/2016

Freehold, NJ, March 2016: New Jersey’s largest homebuilder is now one of the state’s most-awarded homebuilders. The Northeast Division of K. Hovnanian® Homes received 14 awards at this year’s FAME Awards celebration, held February 25th at South Gate Manor in Freehold, NJ, including two of the evening’s most prized accolades, for Community of the Year. The FAME Awards are presented every year by the Shore Builders Association of Central New Jersey (SBACNJ) to recognize and honor companies and individual builders, remodelers and associate members for excellence in marketing accomplishments in the homebuilding industry.

The two most-honored communities of the evening were both K. Hovnanian® projects: Magnolia Ridge Estates, a new community of upscale single-family homes in East Windsor Township, and Montgomery Ridge, a popular townhome community in Montgomery Township. Each community received six FAME Awards, following a parallel path of honors this year with twin wins in their respective divisions (Single Family Detached Community Under 30 Homes and Townhome Community) in each of the following categories: Community of the Year Grand Award, Architectural Product Design, Interior Merchandising, Sales Office, Logo Design, and Brochure. Additionally, K. Hovnanian® was awarded for Public Relations Release or Campaign (Bayport on Lake’s Bay) and Special Promotion/Event for a Broker/Realty Community to the Buying Public (Oaks at Cranbury).

Karen Anderson, Director of Marketing for K. Hovnanian’s® Northeast Division, commented on the awards. “K. Hovnanian® is proud to be part of the New Jersey builders’ community and especially pleased to be among those who are building new homes in Central Jersey,” she said. “We’re grateful for these awards from our friends at the Shore Builders Association. They reflect on our commitment to excellence, quality design and outstanding construction – not just in these two new communities, but with every project and every neighborhood we develop in the state. It’s an exciting time to be building new homes in New Jersey ­– and we’re delighted to offer a variety of outstanding new communities and innovative new home choices for so many different buyers.”

Magnolia Ridge Estates is an intimate neighborhood of 22 single-family homes located just ten miles from Princeton in a convenient, family-friendly Mercer County setting. The award-winning home designs offer up to 3,300 square feet of luxurious, comfortable living space, including up to six bedrooms, two-and-a-half to three baths, two-car garages, and distinctive features and finishes. Pricing, which is subject to change, begins in the upper-$400s. Magnolia Ridge is now presenting its final opportunities, with all homes available for immediate delivery.

Set just off Route 206 in Montgomery Township, Montgomery Ridge features spacious two-story townhomes that offer up to 2,203 square feet of living space. Buyers have a choice of four unique floorplans with homes including three bedrooms, two-and-a-half baths, one- or two-car garages, basements, and a variety of high-end features. The community offers a location that’s just minutes from Princeton and ideal for commuters who travel to New York City or Philadelphia. Homeowners also enjoy a low-maintenance lifestyle that comes with K. Hovnanian® townhome living, and pricing from the upper-$400s (subject to change).

This spring is an ideal time to visit either or both of these award-winning, in-demand communities. Take a tour of the beautifully furnished and decorated model homes and see the selection of homes that are available for quick move-in. The Magnolia Ridge Sales Office and model home are located at 780 Old York Road in East Windsor, NJ. For directions or more information, call 844-230-7459. You may also learn more about the community online at khov.com/MagnoliaRidge. The Montgomery Ridge Sales Office and model homes are located at 11 Braeburn Drive in Skillman, NJ. For directions or more information, call 1-844-230-7458; or khov.com/MontgomeryRidge.

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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Source

K. Hovnanian Homes

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