Press Release brought to you by K. Hovnanian Homes

New Townhome Community Opens Strong in Montgomery Township

11/03/2014

Montgomery Township, NJ, November 2014 –K. Hovnanian® Homes®, New Jersey’s largest homebuilder, has successfully launched another new community in the Garden State. Montgomery Ridge, a new collection of 112 townhomes located just minutes from downtown Princeton in Montgomery Township, had its grand opening on October 4th and 5th. During the course of the weekend, over 100 guests visited the temporary sales center for Montgomery Ridge, located nearby the new site – including some who arrived the night before on October 3rd to be the first in line. The builder reports that half of the available homes in the community’s first phase sold during the weekend, indicating a strong demand for this type of community in this prime Somerset County location.

Montgomery Ridge offers spacious two-story townhomesthat offer up to 2,203 square feet of living space. Homes include three bedrooms, two-and-a-half baths, one- or two-car garages, basements, and a variety of high-end features. Homeowners will also enjoy the low-maintenance lifestyle that comes with K. Hovnanian® townhome living. Pricing is from the upper-$400s (subject to change), and the builder is currently offering special grand opening incentives, for a limited time. See a Montgomery Ridge sales representative for details.

Homeowners at Montgomery Ridge will enjoy one of central New Jersey’s most desirable locations. Set just off of Route 206 in Montgomery Township, the new community will be ideal for commuters who travel to New York City or Philadelphia, with easy access to major routes like 202, 1 and the New Jersey Turnpike, and close to New Jersey Transit. Downtown Princeton is just a short drive away, with its unique mix of specialty stores and charming restaurants, as well as a variety of cultural and entertainment options.

Living at Montgomery Ridge, families will appreciate being part of the Montgomery Township school district, which is one of the top rated in the state. This year, Montgomery High School was ranked 33rd in the state by New Jersey Monthly.

Now that the community is open and homes are selling quickly, make plans to visit Montgomery Ridge this fall, while there are plenty of great opportunities available. The community’s temporary sales center is located at 23 Orchard Road, Suite 170 (1st Floor), in Skillman, NJ. For directions or more information, call 1-844-230-7458. You may also learn more about the community online at www.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, 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.comor sign up at www.khov.com.

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11/03/2014 - 13:23

Source

K. Hovnanian Homes

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