CANAL WALK SELLING BRISKLY IN SOMERSET COUNTY’S FRANKLIN TWP.

SOMERSET, N.J. – March 18, 2011 – (RealEstateRama) — A combination of desirable assets are responsible for the brisk sales which have positioned Canal Walk in Somerset County at the top of New Jersey’s active adult marketplace.

Prominent among these factors is market driven pricing still being offered at the suburban neighborhood which enables buyers to receive an incredible amount of home for their money, reports Premier Development, which is developing Canal Walk bordering the historic Delaware-Raritan Canal in Franklin Township, recently ranked the highest New Jersey town in Money Magazine’s “Best Places to Live” and one of the best municipalities in which to live in the country.

Also contributing is Canal Walk’s exciting country-club lifestyle and the fact the exclusive sections offer housing designs that are sure to fulfill the needs and desires of a variety of active adult buyer types.

“Word has officially spread about Canal Walk and the outstanding value created by purchasing a home at a lowered price in one of the state’s most active, amenity-rich adult communities,” says George Adinolfi, Sales Manager for Canal Walk.

“Our prospective purchasers continue to cite this rare opportunity as a prime reason for visiting our sales office.  Once they get a look at the upscale interiors of these homes and world class amenities available right outside their door, they’re more than convinced to move forward and purchase.”

Canal Walk is moving full steam ahead in each of its housing neighborhoods.  At The Enclave, a collection of upscale condominium homes, the newest residential building has reached the impressive mark of 80% sold, leaving just a limited number of homes still available with delivery dates as early as this summer. Condominium homes are priced from $239,900.

What’s more, The Enclave has introduced a new and exciting housing product that is sure to fulfill the needs and desires of a brand new segment of the active adult marketplace.  A series of three-bedroom townhomes has been released for sale at The Enclave, with incredible introductory pricing from just $299,900.  The low maintenance residences boast first-floor master bedroom suites, private rear patios and attached garage.

Premier Development is also reporting strong activity at The Reserve at Canal Walk, an offering of Energy-Star certified single-family homes.  Construction is now underway on the more than 20 new homes that were purchased during the community’s fall price reduction which is still being offered.

Canal Walk’s different housing designs and layouts offer something for everyone.  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 condominium living are choosing The Enclave.  Active adults who want the best of both embrace the single-level ranch designs.

The Reserve at Canal Walk is highlighted by luxurious ranch-style residences which include the Concord model priced from just $367,900 and two-story homes priced from $439,900.

Construction is well underway on two new model homes at the Reserve.  Once completed, the 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 largest two-story home is 3,200 square-feet.

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 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.  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.

Residences at The Enclave range in size from 1,500 square feet to more than 1,760 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.

Canal Walk’s current selection of fee-simple three-bedroom townhomes is priced from $302,400.  These side-by-side duplexes feature the convenience of an attached garage and private patio.

The impressive homes at Canal Walk are 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 oversized outdoor pool and spa. Additional services include a beauty salon and a massage and wellness center.

Canal Walk’s convenient location enables residents to receive the lifestyle they desire, while remaining close to family, and world class malls and major supermarket shopping just minutes away.  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. For more information on the Enclave at Canal Walk and the townhomes, please call (732) 356-1191. Information on both neighborhoods can 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 model park and sales offices.

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