Press Release brought to you by K. Hovnanian Homes

New Townhome Floorplan Introduced at K. Hovnanian’s® Montgomery Ridge

01/11/2016

Montgomery Township, NJ, January 2016 – As the New Year gets underway, homebuyers will have an exciting new choice at K. Hovnanian’s® Montgomery Ridge, the popular townhome community located minutes from downtown Princeton in Montgomery Township. Montgomery Ridge features spacious two-story townhomes that 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 also enjoy the low-maintenance lifestyle that comes with K. Hovnanian® townhome living. Pricing is from the upper-$400s (subject to change).

To date, buyers have had a choice of three unique floorplans at Montgomery Ridge: the Swarthmore, Albright II, and Bryn Mawr models. Now, effective January 30th, the builder is introducing the Expanded Swarthmore floorplan – a larger version of the existing Swarthmore design. This new floorplan features 2,146 square feet of living space, with a choice of either an English basement or a walkout basement. Only seven of these new designs will be available, and they will only be offered as desirable end units. With such a limited number available, it’s anticipated that these new floorplans will sell quickly.

Demand for townhomes at Montgomery Ridge has been strong since the community opened last year – and it’s easy to understand why. Homeowners enjoy one of central New Jersey’s most desirable locations. Set just off of Route 206 in Montgomery Township, the new community is 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 and Amtrak service from nearby Princeton Junction. 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. Montgomery Township affords easy access to popular shopping centers such as Bridgewater Commons and Quaker Bridge Mall.

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 16th on a list of best public high schools in New Jersey by niche.com. Families and all homeowners will also appreciate the wealth of natural beauty and outdoor recreational opportunities in the area. The nearby Raritan River is ideal for kayaking or camping along its banks in Delaware and Raritan Canal State Park. Sourland Mountain is a great place to hike and to enjoy breathtaking views. The area also offers numerous private and public golf courses.

Visit Montgomery Ridge this winter and take a tour of the impressive model homes, which are beautifully furnished and decorated. Learn more about the new Expanded Swarthmore floorplan and other current opportunities that are now available at this successful new community. 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. You may also learn more about the community online at 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® 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 55+ homes.

Additional information on Hovnanian Enterprises, Inc., including a summary investment profile and the Company’s 2014 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 or fax lists, 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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