STRONG VALUE TURNS RENTERS INTO HOMEOWNERS AT RIVER WALK IN BURLINGTON TOWNSHIP

BURLINGTON TOWNSHIP, N.J. – With prices starting in the mid-$100,000s, Lennar’s River Walk community in Burlington Township is successfully drawing home buyers who have been priced out of the new-construction marketplace — including may former renters who are now opting for homeownership.

The new residential community located on Aqua Lane features 250 residences with four distinctive two- and three-bedroom floor plans, as well as exciting amenities and a desirable location between Philadelphia and New York City

“We’re tapping into an underserved segment of the market by offering well-designed homes and lifestyle amenities at a price point that addresses the realities of today’s economy,” notes Don Bompensa, President of Lennar’s New Jersey Division. “It’s a strong value proposition that’s clearly resonating with buyers, particularly those who are excited about trading in useless rent receipts for the many benefits of homeownership.”

River Walk’s favorable prices and the numerous financial advantages of owning a home are enhanced by Lennar’s Everything’s Included platform which allows buyers to enjoy such upscale finishes and appointments as granite countertops, stainless steel appliances, hardwood floors and tiles in the master bath — mall included in the purchase price.

Lennar created two townhome designs and two Carriage Home floor plans for River Walk available with more than ten distinctive elevations, creating an attractive streetscape with visually interesting and diverse facades. The townhomes, priced from $219,950, include the Turnbury which features three bedrooms, two full baths, two half baths, a two-car garage and 1,977 square feet of living space. The Monterey offers three bedrooms, two full baths, two additional half baths and a one-car garage in its 1,729 square-foot design.

The Carriage Home designs, priced from $165,350, include the 1,933 square-foot Princeton model on the upper level and the 1,216 square-foot Braeburn model on the lower level. The Princeton features three bedrooms, two full baths, one half-bath and a one-car garage, while the Braeburn includes two bedrooms, two full baths and a one-car garage.

Interested buyers can tour the community’s four furnished model homes which represent all four home designs.

River Walk homeowners will also enjoy a park-like setting within a row of trees that encircle the property. A multi-acre pocket park in the center of the community provides passive recreation, while a series of winding walking paths and a clubhouse with an exercise room and outdoor pool round out the amenity offering.

Located near the Delaware River in a pleasant corner of Burlington Township, River Walk is ideally situated near Route 130, the New Jersey Turnpike and the New Jersey Turnpike Extension into Pennsylvania. The New Jersey Transit River Line Light Rail system is nearby, offering quick, efficient mass-transportation, with transfers available to Philadelphia. Historic downtown Burlington includes a wide variety of entertainment such as quaint shops, gourmet restaurants and upscale bars and lounges.

For more information on River Walk or to schedule a tour, call an Internet New Home Consultant at 609-349-8258. For more information on Lennar’s new communities, visit www.NewFromLennar.com. For more information on Lennar, visit www.Lennar.com.