SUMMER GRAND OPENING A SUCCESS AT MOUNTAIN RIDGE AT PANTHER VALLEY

Panther Valley L_FNLsmALLAMUCHY, N.J. –- The summer Grand Opening of Mountain Ridge at Panther Valley has become a tremendous success, reports Baker Residential, developer of the new collection of townhomes rising in this sought-after Allamuchy Township neighborhood.

Eager homebuyers have snapped up all the residences in the first townhome phase over the past two months, forcing the release of the second housing section much earlier than expected at the popular community, according to Sales Representative Hollis Schlip.
Featuring elegant three-bedroom housing designs, affordable introductory pricing and exclusive neighborhood appeal, Mountain Ridge has received remarkable interest from a variety of purchasers – ranging from young couples and growing families to empty-nesters looking to scale down to more manageable homes.

“Customers have jumped at the opportunity to purchase a home in one of northwest New Jersey’s most desirable locations at very competitive prices starting from just $249,990,” says Ms. Schlip.

“This indicates there’s still a large number of buyers who recognize now is the time to buy to receive great value and considerable demand for homes that offer well-planned and modern living spaces at a fraction of the cost for similar residences further east.”

Sales at Mountain Ridge at Panther Valley have been fueled throughout the summer by the opportunity for homebuyers to make a well-educated and informed decision at the community thanks to “Simple Steps to Homeownership” seminars which provide a comprehensive look at the purchasing process at the suburban neighborhood.

Scores of prospects have turned out for the events which offered detailed information on buying a home and tours of some of the buildings under construction at the magnificent new community. Homebuyers will be afforded another opportunity to see these homes and listen and learn about how easy it is to make their dream of homeownership a reality at Mountain Ridge when Baker
Residential hosts a second seminar on Saturday, August 29th.

Topics will include an overview of development and sales, selections of interior features and colors, description of orientation meetings and warranty information. Attendees can also speak and receive advice from a mortgage specialist on loan options and the fact that Mountain Ridge is expected to be approved by the Federal Housing Administration (FHA) has had strong appeal to first-time buyers. This means qualified buyers could take advantage of friendly FHA financing that requires only 3.5% down.

“The opportunity to take advantage of federal programs is certainly a draw for many young professionals purchasing their first home,” says Ms. Schlip. “On the other hand, empty-nesters looking to trade in large single-family homes with no longer needed bedrooms and tiresome upkeep appreciate the low-maintenance, care-free lifestyle.

“Simply put, Mountain Ridge offers something for everyone.”
Five different designs are offered at Mountain Ridge ranging from 1,968 to 2,850 square feet and boasting 2.5 baths, one-or two-car garages, as well as designer interior appointments such as walk-in closets, gourmet kitchens and full finished basements included in the purchase price.

Homes at Mountain Ridge have been designed to reflect the natural beauty of Panther Valley, which is defined by rolling hills and heavily wooded terrain. Each townhome building will combine design elements with country-inspired details to create streetscapes of enormous grace and flair.

“Our unique location at the top of a mountain provides panoramic views of the surrounding countryside to strengthen the tranquil, small-town environment,” adds Barbara Cohen, another Sales Representative for Baker Residential.

The striking new community will be a part of Panther Valley and its world-class recreational amenities. Residents will enjoy two sparkling lakes, two beautiful pools with a third to come, a wealth of tennis courts and the 18-hole Panther Valley Golf & Country Club located within the gated Panther Valley community and available on a membership-only basis.

Mountain Ridge homeowners will also appreciate the community’s convenient location, which offers a quick trip to the array of business, cultural and entertainment opportunities throughout northern New Jersey and beyond. The community is located in close proximity to a several major highways, including Routes 80, 287 and 78.
“If its outdoor recreation they seek, Mountain Ridge is in the heart of one of New Jersey’s natural havens,” Ms. Schlip indicates. “The community lies in the shadows of the Allamuchy and Stephens Mountains, while the 70,000-acre Delaware Water Gap is nearby where fishing, boating, camping, kayaking and more can be found. “

Shopping, fine dining and entertainment are also close at hand at the Rockaway Townsquare Mall, which features several national retailers and department stores. Local shops and boutiques can also be found in historic downtown Morristown and Parsipanny.

For additional information on Mountain Ridge at Panther Valley please call 908-852-0016or visit http://Town.HomesAtMtnRidge.com. To visit, go on Route 80 West. Take exit 19 for County Highway 517 towards Hackettstown. Turn left at County Highway 517/County Road 517. Turn right at Bald Eagle Road. Proceed to gatehouse and ask for Mountain Ridge at Panther Valley.

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