American Properties Realty Announces One Of Its Award-Winning Communities Has Sold Out

Four Communities Remain That Appeal To The Same Buyer And Are Doing Well

American Properties Realty, a New Jersey-based full service real estate company is proud to announce that Mill Pond at Eatontown, an award-winning luxury condominium community in Monmouth County, has sold out.

"We are thrilled with the success of Mill Pond," said Paul Csik, senior vice president for sales and marketing at Iselin, N.J.-based American.

"Many of American's developments appeal to first-time homebuyers because the communities are priced well, are conveniently located and supply is low and demand high at these price points." Mill Pond has sold out of 118 homes, each featuring up to 1,635 square feet of living space with two bathrooms, two baths and available garages.

Although Mill Pond has sold out, American still has homes that appeal to the first-time homebuyer available in four other communities including The Preserve at Matawan, which, like Mill Pond, is located in Monmouth County and which recently won the "Community of the Year" award from the New Jersey Builders Association.

The Preserve
The Preserve, at which 17 homes have already sold this year, is named after the lush 10-acre wooded preserve that the new community backs up to, complete with babbling brook. The Preserve is comprised of seven distinct three-story buildings and one two-story building with 126 residences featuring two bedrooms, two bathrooms and up to 1,635 square feet of living space. Prices start at $254,990 with the "Home of the Month" program. (See community's sales representative for details/restrictions.) In addition to the spacious layouts, quality finishes and amazing pricing, The Preserve also offers a great location close to shopping and dining, outstanding public schools, mass transit and major highways. Both New York City and the New Jersey shore are easily accessible, offering the best of both worlds. The development is located less than two miles from the Aberdeen-Matawan Train Station. In addition, there is a NJ Transit bus stop a half block away from the community. The Preserve is also just minutes from a number of major highways, including the Garden State Parkway and Routes 9, 18, 34, 35 and 36.

Also available from American Properties Realty is The Jefferson, a condominium community in Ewing, N.J.; Van Houten Manor, American's newest condominium community in Passaic, N.J.; and Heritage Single Family Classics, a luxury single-family community in Chesterfield.

The Jefferson
The Jefferson, at which 21 homes have already sold this year, is comprised of 235 homes -- each with two bedrooms -- in 10 three-story buildings. Homes at the Jefferson are priced as low as $209,990. The Jefferson's location makes it ideal for young professionals and first-time buyers because of the convenient access to the Route 1 corridor and to Interstates 95, 295, 195, the New Jersey Turnpike and the Hamilton Train Station. The Jefferson is also located less than 10 minutes from the vibrant university town of Princeton, with its wealth of shopping, dining and entertainment opportunities, and offers easy access to Philadelphia, Cherry Hill and Trenton.

Homes at The Preserve and The Jefferson are equipped with desirable features such as Formica laminate countertops in the kitchens and master bathrooms, Mid-Continent 42-inch oak cabinetry, oak vanities in the bathrooms, soaring 9-foot ceilings, Dal ceramic tile in both bathrooms, security systems with intercoms and private balconies or terraces.

Van Houten Manor
Van Houten Manor, which recently opened for sales and already has eight buyers in contract, features one-, two- and four-bedroom floor plans with up to 1,574 square feet of living space and two baths. Prices for the spacious condominiums start at an incredible $199,990 for a one-bedroom model, $244,990 for a two-bedroom model and $329,990 for a four-bedroom model. The interiors are masterfully designed with 10-foot ceilings, large closets and individual unit laundry hookups.  With its convenient location near the New Jersey Turnpike, Garden State Parkway, Routes 46, 17, 3 and Interstate 80; as well as NJ Transit train and bus stations, Van Houten Manor is ideal for those who are seeking affordable luxury in the New York metropolitan area.

Heritage Single Family Classics
Heritage Single family Classics is a community of spacious single-family homes that offer four bedrooms, two and one-half to three and one-half bathrooms, a two-car garage and a full basement. Finished basements are also available. The homes range in size from 2,600 to 3,600 square feet. Prices start in the high $300,000s. Heritage at Chesterfield is part of Old York Village, one of New Jersey's first Traditional Neighborhood Developments (TND). TND is a design movement in which traditional town planning principles are used to create a complete neighborhood including a range of housing types; a network of well-connected streets and blocks; public spaces; and amenities such as stores, schools and places of worship within walking distance of residences. Once construction is complete, American Properties Realty's Heritage of Chesterfield will consist of 44 town homes, all of which are sold, and 61 single-family homes, nine of which are sold.

Features of the award winning, neo-traditional, smart growth village include various types of housing, none of which are higher than three stories; a quaint neighborhood feel with parks and open space; a new elementary school adjacent to centralized recreation facilities; a mixed-use village center with retail and convenience use and a guarantee on the preservation of township open space for years to come.  Located in close proximity to the New Jersey Turnpike, Routes 195 and 295 and the River LINE Light Rail, as well as the PATCO, NJ Transit and Amtrak train stations, Heritage at Chesterfield is also ideal for those who want the luxury and relaxation of single-family living along with convenient access to entertainment, shopping malls and recreational opportunities.

For more information on American Properties Realty and its communities, visit www.americanproperties.net.