FINAL OPPORTUNITIES AT CANAL WALK ACTIVE ADULT COMMUNITY IN SOMERSET CTY.

Reserve at CW18 Single-Family Homes Are All That Remain at in the Reserve;10 Condominium Homes Remain in Current Phase at the Enclave

SOMERSET, N.J. – Homebuyers interested in benefitting from the incredible value, comfort and appeal that have made Canal Walk in Somerset County’s sought-after Franklin Township one of the state’s most popular active adult communities will need to act quickly.

Strong sales activity throughout the traditional slow winter months has left 18 homes available for sale in the final housing phase at The Reserve, a collection of upscale single-family residences rising within the award-winning community, according to Premier Development, which is developing Canal Walk along the historic Delaware-Raritan Canal.

Many of the remaining homesites are in premium locations steps away from the amenity-rich Premier Club. The lots can accommodate some of the Reserve’s most popular designs, including the London, Concord and recently introduced 2,779 square-foot Milan model which features three-bedrooms, three baths, two-car garage and a massive 17 x 18 loft. Also available in this highly sought-after location is the popular Exeter three-bedroom model which offers quick delivery dates shortly after signing a contract.

Ranch-style homes at the Reserve offer up to approximately 2,400 square feet of living space, 2-to- 2 1/2 baths, and are located on oversized homesites. The two-story homes are priced from $449,900 and feature up to 2,975 square feet of living space.

Homes at the Reserve 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 a full GE™ appliance package, including a self-cleaning range, space-saver microwave, dishwasher, refrigerator and washer and dryer. 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. The 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.

While The Reserve has certainly caught the attention of today’s active adults, Premier Development is also reporting strong buyer activity at The Enclave, a collection of luxurious two-bedroom condominiums at Canal Walk. Only ten homes remain available in the current housing phase at The Enclave.

Priced from $261,900, condominiums in the neighborhood range in size from 1,500 square feet to more than 1,780 square feet. The spacious and open floorplans feature large living rooms, gourmet kitchens with granite 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 individual balconies, as well as indoor parking.

The popularity of The Enclave at Canal Walk has also extended into its new upscale three-bedroom townhomes. Three-bedroom townhomes at the Enclave are being offered with introductory pricing from the low-$300,000s. The low maintenance residences boast first-floor master bedroom suites, private rear patios and attached garages.

The 32,000 square-foot Premier Club at Canal Walk, one of the largest and most amenity-rich clubhouses in the state, was named the Best Clubhouse/Recreation Amenities at the 2012 Sales and Marketing Awards (SAM) presented by the New Jersey Builder’s Association. Inside the clubhouse, residents enjoy 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 oversized outdoor pool and spa. Additional services include a beauty salon and a massage and wellness center.

In addition to the on-site amenities, residents at the Reserve are drawn to the leisurely pursuits available in Franklin Township. The Reserve at Canal Walk borders the 70-mile Raritan and Delaware Canal State Park offering homeowners access to a multitude of outdoor activities. The park is home to some of the region’s premier hiking and bicycling trails and is a state-wide destination for canoeing, fishing, and horseback riding. 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 which allows children and grandchildren to visit within minutes.

For more information on the Reserve at Canal Walk, please call (732) 564-0010. Information can also be found at 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 Reserve Sales Office.

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