Press Release brought to you by K. Hovnanian Homes

Now 80% Sold, Montgomery Ridge Opens New Building for Sale

08/16/2016

Montgomery Township, NJ, August 2016: Montgomery Ridge, a popular new townhome community located only minutes from Princeton in Somerset County, is now 80% sold, with limited opportunities remaining. The rapid-selling, award-winning community from K. Hovnanian® Homes is winning the hearts of homebuyers throughout central New Jersey, with more and more residents moving in every month. This month, the builder is preparing to open one of the community’s final two buildings for sale. On August 20th, Building 4 will open at Montgomery Ridge, offering a brand-new collection of outstanding opportunities for buyers.

Honored this year by the New Jersey Builders Association with one of its distinguished “Community of the Year” SAM Awards, Montgomery Ridge is one of central New Jersey’s fastest-selling communities, with homes selling out almost as soon as new lots are released. Accordingly, it’s anticipated that the new building opening this month will sell quickly.

At Montgomery Ridge, buyers have a choice of four unique floorplans: the Swarthmore, Albright II, Bryn Mawr, and expanded Swarthmore models. These spacious, two-story townhomes 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, with pricing from the upper-$400s (subject to change). Homeowners also enjoy the low-maintenance lifestyle that comes with K. Hovnanian® townhome living.

Set just off Route 206 in Montgomery Township, the community is ideal for commuters who travel to New York City or Philadelphia, with easy access to major routes like 202 and 1. It’s also close to the New Jersey Turnpike and New Jersey Transit® and Amtrak® service from nearby Princeton Junction. Montgomery Township affords easy access to popular shopping centers such as Bridgewater Commons and Quaker Bridge Mall. And 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. Outdoor recreational opportunities abound in the area, as well. 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.

Don’t miss your chance to be part of one of New Jersey’s most coveted new communities. Visit Montgomery Ridge this month to tour the beautifully furnished and decorated model homes – and learn more about the opportunities available in the brand-new building. 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, 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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