Press Release brought to you by K. Hovnanian Homes

New Phase of Homes Now Open at Rapid-Selling South Brunswick Community

09/06/2016

South Brunswick, NJ, September 2016 – K. Hovnanian® Homes has opened a new phase of homes at Cambridge Crossing, its enormously popular new townhome community in South Brunswick.  An intimate community of 85 elegant townhomes situated on the Route 1 corridor, Cambridge Crossing has been selling at a rapid pace since opening in December. In fact, even before the first model home has opened (the Swarthmore model is currently under construction and anticipated to open in September), the community is already more than 50% sold.

On August 20th, a brand-new phase of homes opened in one of the Cambridge Crossing’s most desirable locations, featuring a new selection of prime opportunities. Buyers now have a choice of four spacious townhome designs at Cambridge Crossing. Homes offer up to 2,203 square feet of living space, with open floorplans that include three bedrooms, two-and-a-half baths, one or two-car garages, walkout basements, English basements, decks, and fenced-in yards, with deluxe interiors and upscale features. Pricing begins from the upper $400s (subject to change).

The homes at Cambridge Crossing are distinguished by a variety of features that truly set them apart from others in the area. Designer kitchens offer beautifully crafted, furniture-quality cabinetry, granite countertops, and GE® appliances. Elegant bathrooms include granite vanity tops, ceramic tile walls in the tub and shower area, and a double sink in the owner’s bath. Other distinctive design touches include a brushed nickel lighting package and a luxury carriage-style garage door with windows. As with all K. Hovnanian®-built homes, these new townhomes are being constructed using highly energy-efficient features.

Cambridge Crossing homeowners will enjoy living in one of central Jersey’s most convenient and desirable locations. Last year, New Jersey Family ranked the township of South Brunswick among the top 25% on its annual list of the state’s “Best Towns for Families.” The township has over 20 developed parks, with picnic pavilions, trails, and athletic fields. There are lots of open space areas, contributing to a pleasing natural environment, including D & R Canal State Park, Cook Natural Area, Davidsons Mill County Park, and Pigeon Swamp State Park.

Residents at Cambridge Crossing will enjoy a high quality of life, with easy access to a variety of cultural activities and plenty of great shops and restaurants in nearby Princeton and New Brunswick. The community is ideal for commuters, located close to Routes 1 and 130, as well as the NJ Transit® Princeton Junction station for easy transport into New York City. The area is home to a variety of golf courses, as well, and it’s just a short drive to the Jersey Shore.

Visit Cambridge Crossing soon to see the new selection of homes now available in the community’s next phase – and discover why this desirable new neighborhood has become one of the fastest-selling communities in the Garden State. The sales office is located at 4 Friendship Road in South Brunswick and open daily from 10:00 a.m.–6:00 p.m. For directions or more details, please call 1-877-546-8777. You may also learn more online about the new community online at khov.com/Cambridge.

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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