Press Release brought to you by K. Hovnanian Homes

Three New Models to Open May 14-15 at New Monmouth 55+ Community

04/29/2016

Howell Township, NJ, April 2016 – K. Hovnanian’s®Four Seasons at Monmouth Woods, a popular new 55+ community in Monmouth County, is preparing to open three more model homes, to follow the successful opening and reception of the first three models. A Model Grand Opening will be held on May 14th and 15th at the new community, located just off of Route 9 in Howell Township. During the weekend event, between 10:00 a.m.–6:00 p.m. each day, visitors and interested buyers will be able to tour the three new models for the very first time. The community’s existing three beautifully furnished and decorated model homes will also be open for tours.

K. Hovnanian’s® Four Seasons at Monmouth Woods offers an impressive choice of 12 different single-family home designs, including four loft-style and eight ranch-style floorplans. The selection includes some brand-new floorplans that have never been offered before at any of K. Hovnanian’s® Four Seasons communities in New Jersey. Homes feature up to 3,664 square feet of living space, with two or three bedrooms, and two-car garages. Pricing, which was recently lowered, is remarkably affordable for homes of this size and style in this desirable part of Central Jersey. Prices now start from the mid-$300s (subject to change). 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.

The three new models making their debut during the May 14th weekend include the Cocomo, Antigua and Barbuda designs. These homes will join the Grenada, Captiva II, and Monterey Loft models, making for an impressive collection of six model homes available for touring.

In addition to the variety of attractive single-family homes for adults 55+, K. Hovnanian’s® Four Seasons at Monmouth Woods offers a low-maintenance lifestyle and a wealth of resort-like amenities. The community will feature a 6,900-square-foot clubhouse with an outdoor pool, a kiddie pool for the grandchildren, a putting green, tennis courts, pickle ball, bocce ball courts and more. Homeowners will also be able to participate in a number of clubs, social activities and events.

Location is one of the key benefits of living at K. Hovnanian’s® Four Seasons at Monmouth Woods. The community will offer easy access to Routes 9, 33 and I-195, as well as the New Jersey Turnpike and Garden State Parkway. Homeowners will enjoy the convenience of a nearby NJ Transit® Park and Ride bus terminal in Howell, with direct service into New York City. The surrounding area offers a wealth of shopping, dining and entertainment options. New Jersey’s second largest mall, Freehold Raceway Mall, is nearby, with over 225 retailers. Homeowners will also appreciate being close to premier outlet centers at the Jersey Shore and Jackson Premium Outlets. Route 9 is also home to many major retail chains, just a short drive away. Nature lovers and outdoor enthusiasts will appreciate being so close to the Manasquan Reservoir County Park and several other local parks. The Jersey Shore is less than a half hour away and there are plenty of great golf courses in the area, as well.

Make plans to visit K. Hovnanian’s® Four Seasons at Monmouth Woods on Saturday or Sunday, May 14th or 15th, to tour the three brand-new model homes and learn more about current opportunities at this in-demand new active-lifestyle neighborhood. The community is located just off 47 Harvest Ridge Road in Howell Township (GPS: please use 1231 West Farms Road, Howell Township). For directions or more information, call 1-888-422-9488. You may also learn more about the new community online at khov.com/MonmouthWoods.

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 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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