PRE-CONSTRUCTION OPPORTUNITIES EQUATE TO OUTSTANDING VALUE AT LENNAR’S RIVER WALK IN BURLINGTON TOWNSHIP

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BURLINGTON TOWNSHIP, N.J. – June 19, 2012 – (RealEstateRama) — With construction well underway and the opening of furnished model homes scheduled for the end of the year, buyers at Lennar’s River Walk townhome community in Burlington Township now have a unique opportunity to take advantage of pre-construction prices that add up to outstanding value.

Lennar recently grand opened the new community of 250 townhomes featuring two- and three-bedroom residences currently priced from just $159,950. The attractive pricing, exciting amenities and desirable location between Philadelphia and New York City are expected to appeal to a large buyer demographic ranging from first-time home purchasers to discerning empty nesters.

“We’re reaching out to 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, particularly during our pre-construction sales period.”

Rising on a picturesque stretch of land near the Delaware River, River Walk will offer a scenic park-like setting with a row of trees that encircle the property, a multi-acre pocket park in the center for passive recreation, a series of walking paths winding throughout the community and a clubhouse with an exercise room and outdoor pool.

An attractive streetscape if further enhanced with the availability of more than ten distinctive elevations for the homes, creating visually interesting and diverse facades. Home buyers can also choose from four unique floor plans at River Walk, ranging from 1,216 to 1,977 square feet of living space. The Turnbury is the largest design and features three bedrooms, two full baths, two half baths and a two-car garage. The Monterey offers three bedrooms, two full baths, two additional half baths and a one-car garage in its 1,729 square-foot design.

Two Carriage Home designs are also available, including 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.

River Walk is located on Aqua Lane in a pleasant corner of Burlington Township, 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 offers quick, efficient mass-transportation, with transfers available to Philadelphia. Historic downtown Burlington is nearby, offering 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 Internet New Home Consultant Iris Barrios 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.

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