K. HOVNANIAN’S® FOUR SEASONS AT STONE HARBOR NEARS A COMPLETE SELL-OUT

MIDDLE TOWNSHIP, NJ – Only three spacious townhome residences remain at K. Hovnanian’s® Four Seasons at Stone Harbor, the collection of just 60 townhome residences for those 55 and better located just minutes from downtown Stone Harbor in Cape May County, N.J.

The coastal community’s resort-inspired lifestyle, attractive pricing from the low-$300,000’s and superb location — a mere four miles from the beach – have made it a favorite among shore-bound active adults, according to Glenn Ward, Vice President of Sales and Marketing for The Matzel and Mumford Organization, a K. Hovnanian Company which is marketing Four Seasons at Stone Harbor.

The final opportunities are represented by just one impressive Lafayette and two distinct Marquette housing designs. Each home is available for quick delivery and boasts thoughtful layouts with first-floor master suites and a variety of high-end appointments.

Prospective buyers will be pleased to learn that special financing is currently available through K. Hovnanian American Mortgage, offering rates as low as 3.875% with a 7/1 ARM – translating to principal and interest payments under $1,200 a month for the first seven years on a $250,000 loan — for those who purchase during the month of August.

“An exceptional value in today’s real estate marketplace, Four Seasons at Stone Harbor has been quick to capture the attention of buyers interested in residing in a more intimate setting that’s within proximity of their favorite beach destination; in our case the area’s popular Seven Mile Beach and other exciting locations along the Jersey Shore,” says Mr. Ward.

“These opportunities are too good to pass up and with only three townhomes remaining, it’s certain that this resort-inspired community will be completely sold out shortly.”

The expansive homes at Four Seasons at Stone Harbor range in size from 2,063 to 2,362 square feet of living space and feature three spacious bedrooms, gourmet kitchens and one- or two-car garages. Depending on plan, homes also offer formal living and dining rooms, dramatic family rooms and loft space.

Residents are now enjoying the community’s exclusive cabana and outdoor pool which offers the ideal setting for socializing or simply sitting back and enjoying the relaxing poolside atmosphere.

Additional recreational opportunities abound for residents of Four Seasons at Stone Harbor. The community is just four miles from the area’s popular Seven Mile Beach and mere minutes from the many shops and boutiques found in downtown Stone Harbor. A golfers dream, Four Seasons at Stone Harbor is within close proximity to a bevy of championship-caliber golf courses including Avalon Golf Course, Cape May National Golf Course and Stone Harbor Golf Course.

The nearby Garden State Parkway provides easy access to a variety of attractions up and down the coast including the celebrated Wildwood Boardwalk, historic Cape May and the unrivaled excitement of Atlantic City.

For more information on Four Seasons at Stone HarborVillanova Exterior (003), please call (609) 465-6526 or visit http://www.KHov4seasons.com/stoneharbor.

To visit the community’s sales center, take the Garden State Parkway to Exit 10B. Proceed on Stone Harbor Blvd. East. Make the first right onto Bayberry Avenue. The community entrance will be just ahead to your left.

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