Press Release brought to you by K. Hovnanian Homes

New South Brunswick Townhome Community Selling Quickly

07/05/2016

South Brunswick, NJ, July 2016 Cambridge Crossing, a new South Brunswick townhome community from K. Hovnanian® Homes, has been selling at a rapid pace. The community, which features a collection of 85 elegant townhomes, opened in December and is now nearly 50% sold – a remarkable accomplishment, particularly considering that the community has yet to open a model home. (The first model is currently under construction and anticipated to open in September.) Buyers who have purchased a home to date at Cambridge Crossing have bought purely based on seeing a floorplan, or from looking at similar townhome models at other K. Hovnanian® communities in the surrounding area. With such a successful sales pace, Cambridge Crossing is on track to be one of New Jersey’s fastest-selling new–home communities this year.

Located on the Route 1 corridor in one of South Brunswick’s most desirable areas, Cambridge Crossing offers buyers a choice of four spacious townhome designs with deluxe interiors and upscale features. Homes offer up to 2,203 square feet of living space, with desirable 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. 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 will be 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 this summer to discover why homes are selling so quickly in this hot new community – and to learn about current opportunities to be part of this desirable new neighborhood. 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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