Press Release brought to you by K. Hovnanian Homes

Popular Home Design Now Available at K. Hovnanian’s® Four Seasons at Monroe

04/18/2016

Monroe Township, NJ, April 2016 – K. Hovnanian’s®Four Seasons at Monroe, a new active–lifestyle community in Middlesex County’s Monroe Township, has just introduced another new floorplan to its collection of single-family homes for 55+ buyers. The community has already distinguished itself from other 55+ communities in the area by offering a selection of completely new single-family home designs – the first time any of these floorplans have been offered at a community in New Jersey. These floorplans are more current and offer the open-concept design that is so popular among buyers today, as guests will see when they walk through the new Killarney II Loft and Ibiza model homes. Pricing for the homes, which is subject to change, starts in the upper-$300s.

Now, by popular demand, the builder has added the Captiva III and Captiva III Loft designs to the collection. These new floorplans are a variation of the extremely successful Captiva and Captiva Loft designs that many buyers have chosen and enjoyed at other K. Hovnanian’s® Four Seasons communities in the state. The Captiva III offers two bedrooms and two-and-a-half baths, at 2,244 square feet. The loft version is the largest home in the community, offering 3,492 square feet with two bedrooms and three-and-a-half baths. Both plans offer plenty of options for personalization.

Another distinguishing feature of the new community is its lack of restrictions on adult (19+) children who can live at home with their parents. This “family-friendly” policy is unique among adult communities in the area. K. Hovnanian’s® policy is reflective of today’s “boomerang generation,” with more and more adult children returning home to live with parents after briefly living on their own, either temporarily or for an indefinite period of time. All homes within the community are subject to an age restriction whereby the homes are restricted to use and occupancy by at least one person of age 55 years or over, and with no permanent resident being under the age of 19.

Buyers at K. Hovnanian’s® Four Seasons at Monroe will also be able to enjoy a variety of social and recreational amenities in the community clubhouse, which promises to be one of the area’s most diverse, contemporary lifestyle facilities, offering a variety of resort-like amenities. The builder broke ground on the clubhouse in December, which will feature approximately 5,500 square feet of amenities including an outdoor pool, a kiddie pool, exercise room, bocce courts, tennis courts, pickle ball courts, a gazebo, a cocktail lounge and kitchen with café area, a covered patio and porch, an area for aerobics and yoga and Pilates, and flexible space to be used as a meditation room, or for occasional on-site massage therapy.

Homeowners at K. Hovnanian’s® Four Seasons at Monroe will also appreciate the convenient location, providing easy access to major roadways such as the NJ Turnpike, as well as Routes 1, 18, 33 and 130. Eminently commutable to New York City, with a nearby Park-and-Ride and an NJ Transit® station at Princeton Junction, Monroe Township is an ideal place to call home. The township offers many local amenities and attractions, including 18 beautiful county parks, a variety of golf courses, as well as many major shopping centers and fine restaurants. The Jersey shore is only a 20-minute drive to the east, and Princeton is just a short drive away, offering plenty of dining, educational, entertainment and cultural options.

Visit K. Hovnanian’s® Four Seasons at Monroe to see the new Captiva III floorplan and to learn more about the unique lifestyle and homes that are making this one of the most distinguished active-lifestyle neighborhoods in Middlesex County and throughout the state. The community’s two furnished and decorated model homes are open daily from 10:00 a.m. to 6:00 p.m. For directions or more information, call 1-800-873-0902. You may also learn more about the new community online at khov.com/Monroe.

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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