K. HOVNANIAN’S® BRAND NEW ARBORS AT MONROE TOWNHOME COMMUNITY NOW OPEN FOR SALE IN MONROE TOWNSHIP

Arbors at Monroe Building 12MONROE, NJ – K. Hovnanian’s® Arbors at Monroe, a brand new community of 186 spacious townhomes in a commuter-friendly location, is now open for sale in Monroe Township.

Four home designs are available at the community, including some of K. Hovnanian® Homes’ most popular floorplans. Each townhome includes three bedrooms, a loft, two-and-a-half baths, a one- or two-car garage, a full basement, and up to 2494 square feet of living space. Prices start from $484,990 (subject to change without notice).

Hovnanian’s® Arbors at Monroe is situated in a charming area known for its roadside farm stands and relaxed, rural vibe, yet it is conveniently located less than two miles from the entrance to the New Jersey Turnpike and a short drive from a variety of popular mass transit hubs that whisk commuters to and from New York City. Employment centers in Princeton, Trenton, New Brunswick and Philadelphia are also easily accessible.

A wide variety of amenities are planned at K. Hovnanian’s® Arbors at Monroe to enhance the community’s lifestyle experience. A 2,400 square foot clubhouse with a state-of-the-art fitness center and an outdoor pool will be built for the future use of residents.

“Monroe Township is becoming increasingly popular with home buyers who are attracted to its beautiful homes, tranquil charm, and location between New York City and Philadelphia,” said Jay McDermott, Northern NJ/NY Area President at K. Hovnanian® Homes. “For those buyers, Arbors at Monroe represents an excellent opportunity to purchase a new-construction townhome that requires very little maintenance and is also near highways and a variety of mass-transit options.”

Each of the four home designs at K. Hovnanian’s® Arbors at Monroe offers an open floorplan on the first floor and a trio of comfortable bedrooms on the second floor, including an elegant owner’s suite with walk-in closet and spa bath. Finished basements and outdoor patios are also available as options in each home.

Design elements include deluxe interior spaces with nine-foot ceilings throughout the first floor, designer ceramic flooring in the entry foyer, and a stylish main staircase and railing. Kitchens feature beautifully crafted designer cabinetry with 42-inch upper cabinets, granite countertops and built-in pantry closets. Appliances such as a GE® self-cleaning oven with sealed burner gas range, a GE® five-cycle dishwasher and a GE® vented microwave are also included. Elegant baths boast granite vanity countertops, ceramic tile walls in the shower area, designer ceramic flooring, and a shower with clear glass enclosure and a seat in the owner’s bath.

Exterior features included with all homes at K. Hovnanian’s® Arbors at Monroe are both practical and aesthetically pleasing. They include raised panel front entry doors with brushed nickel hardware, aluminum gutters and downspouts, weatherproof electrical outlets in the front and back of the home, and exterior lanterns at the back door and garage door.

Home buyers at K. Hovnanian’s® Arbors at Monroe will be ideally situated to enjoy everything that its Monroe Township location offers. Families will appreciate being a part of the Monroe Township School District, which recently earned a rating of A for college preparation from the data gathering website Niche.com, along with a spot on its 2018 list of New Jersey’s top 100 school districts. They will also appreciate how safe and family-friendly the community is, having been recently named the 7th safest place in the country to raise a child, according to the home safety and security news website Safewise.com.

For commuters, the Princeton Junction train station is just 10 miles away, offering daily NJ TRANSIT® rush hour express trains that arrive in New York City in under an hour and at Newark Penn Station in approximately 35 minutes. Route 33 is just outside of the entrance to the community and Exit 8 of the New Jersey Turnpike is down the road, less than two miles away. Routes 1, 9, 18 and 130 are also easily accessible and buses to New York City and park-and-ride locations are nearby.

Monroe Township is home to numerous parks and recreation facilities, including Thompson Park, a sprawling county park that is home to scenic Lake Manalapan, nine miles of hiking trails, athletic fields, picnic groves, a small zoo, and a dog park. Monroe Township Community Garden & Park is just next door to K. Hovnanian’s® Arbors at Monroe, offering rentable garden plots to Monroe residents for a small annual fee.

The neighboring town of Cranbury offers pastoral charm, boutique shops and dining on the community’s leafy main street. Downtown Princeton is also just a short drive away, offering shopping, dining, entertainment, culture, parks, cinemas, and one of the country’s most prestigious universities. Golf courses abound in the area, and some of the state’s most popular beaches are about a 25-mile drive away.

For more information on K. Hovnanian’s® Arbors at Monroe, visit www.khov.com/arbors-at-monroe or call 888-354-1044.

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, New Jersey, 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 2016 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://khov.com.

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