ACTIVE ADULT BUYERS FIND MANY REASONS TO PURCHASE AT POPULAR CANAL WALK IN FRANKLIN TOWNSHIP

The Enclave at Canal Walk offers elegant condominium homes.

Market Driven Pricing, Active Lifestyle and Sought-After Location Create Incredible Value at Somerset County Neighborhood

SOMERSET, NJ – Market driven pricing and incredible value are certainly a major draw and a prime reason for active adults to purchase at Canal Walk in suburban Somerset County. However, recent prospects are quickly discovering there’s so much more that makes this well-established and popular community a fantastic buying opportunity.

“Obviously, our reduced pricing structure is the first thing that catches the eye of homebuyers,” says George Adinolfi, Sales Manager for Premier Development, which is developing Canal Walk in a sought-after location bordering the historic Delaware and Raritan Canal in Franklin Township. “But it doesn’t take long to discover all the other attributes that makes this community so special. Once they get an in depth look at Canal Walk, they are amazed at just how much home and lifestyle they receive for their money.”

Topping the list is the array of housing designs at Canal Walk which are sure to fulfill the needs and desires of any buyer. The neighborhood features upscale Energy-Star certified two-story and ranch single-family homes in its Reserve section, well-appointed one-level condominiums in the Enclave, along with a selection of magnificent townhomes.

“Canal Walk’s different housing designs and layouts offer something for everyone ,” Mr. Adinolfi points out. “For example, buyers who want more space for guests and storage are attracted to the two-story single-family homes, while those who want the ease and convenience of single-level living are choosing our Enclave condominiums. Active adults who want the best of both have embraced the single-level ranch designs.

“What’s more, we have a limited number of two-story single-family homes in the Reserve that offer immediate occupancy, an ideal situation for those who want to take advantage of Federal Tax Credits that have been extended to purchasers that have owned their current home for at least five years Homebuyers can close on these homes by the deadline on June 30th, 2010 and be able receive up to $6,500 in tax credits.”

The impressive homes at Canal Walk are only enhanced by its resort-inspired, country club lifestyle that is unrivaled by any comparable active adult community in central New Jersey. Highlighting the well-rounded, activity-rich environment is a private 32,000 square-foot clubhouse — the Premier Club at Canal Walk — which is one of the largest and most amenity-rich in the state. Featured inside are a heated pool and whirlpool, a spa with steam room, sauna and a fully-equipped fitness room. There’s also a library, crafts room, billiards room and separate men’s and women’s card rooms. In addition, a business center, banquet hall and lounges are available. Tennis, bocce courts and a putting green are adjacent to the refreshing outdoor pool and spa. Additional services include a beauty salon and a massage and wellness center.

“What separates Canal Walk from many other new active adult communities is that our world-class amenities are open and functioning, meaning a new lifestyle is awaiting homeowners from the day they arrive,” Mr. Adinolfi indicates. “We also have the added benefit of our unique location near the Delaware and Raritan Canal which offers direct access to amenities such as the community’s walking trails which have been laid out to connect with sections of the historic canal that have been preserved as public open space.”

Best of all, Canal Walk’s convenient location enables receive to receive the magnificent, relaxed lifestyle they desire, all the while remaining close to family and friends. The community is a short trip from Route 287, offering easy access to major highways such as the Garden State Parkway and New Jersey Turnpike and bringing children and grandchildren within minutes.

The Reserve is a collection of Energy Star Certified single-family homes highlighted by two distinctive designs – luxurious ranch-style residences which include the new Concord model priced from just $357,900 and two-story homes priced from $439,900.

Construction is well underway on two new ranch model homes at the Reserve. Once completed, the ranch models will join five existing models at the community. Some of the largest single-family designs are featured in the Ranch homes which offer up to approximately 2,500 square feet, two-and three-bedroom, 2 to 2.5 baths, and are located on oversized homesites. The residences are also being offered with new feature packages that will provide buyers with more interior options and more flexibility than ever before.

The new homes boast upscale standard appointments such as nine-foot first floor ceilings, hardwood flooring, convenient gas fireplaces and large eat-in kitchens with 42” cabinets, granite countertops and GE™ appliances, including a self-cleaning range and space-saver microwave. Sumptuous master bedroom suites include tray ceilings and a master bath with a soaking tub and separate shower with built-in seat. The homes also include plenty of storage space which is always a major consideration for active adults.

In addition to the Ranch designs, a number of upscale two-story homes in the Reserve provide many of the same standard features as the ranch homes, as well as staircases with oak treads and dramatic oak railings.

“Both home styles provide incredible comfort and lower energy bills than typical homes because they are being developed under strict guidelines set by the U.S. Environmental Protection Agency,” says Mr. Adinolfi.

The Enclave at Canal Walk is an exclusive neighborhood of condominium homes competitively-priced from just $224,900. Residences at the Enclave range in size from 1,500 square feet to more than 1,800 square feet. Six magnificent two-bedroom housing designs are offered featuring spacious and open floorplans, large living rooms, gourmet kitchens with Corian™ countertops and GE™ appliances and huge amounts of cabinet and pantry space, nine foot ceilings, hardwood entry foyer flooring, master bedroom suites have large walk-in closets and lavish master baths with ceramic tile floors, seated showers and oversized soaking tubs.

“Homes in the elevator buildings also offer outdoor space and balconies, as well as indoor parking,” Mr. Adinolfi points out.

For more information on the Reserve at Canal Walk, please call (732) 564-0010. For more information on the Enclave at Canal Walk, please call (732) 356-1191. Information on both neighborhoods can be found at http://www.premierdevelopment.com. To visit, take Route 287 to Exit 12. Make a left onto Weston Canal Road and proceed 2.4 miles until you reach Schoolhouse Road. Turn left onto Schoolhouse Road and continue 7/10 of a mile until you reach the entrance at Canal Walk Boulevard. Make a right into the entrance and follow signs to the model park and sales offices. ###

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