2/9/2010 7:09:28 AM
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The Cove At Cinnaminson Harbour

Cinnaminson, NJ

The Cove At Cinnaminson Harbour Community

School District: Cinnaminson School District

Contact: (856) 303-7690

Location: (Directions)

Hours: Monday 12-6pm, Tuesday-Friday 10-6pm, Saturday & Sunday 11-6pm.

$8,000 Tax Credit for First-Time Buyers, $6,500 for Current Homeowners* and Special Ryan Savings for EVERY Buyer!** ‡


NOW SELLING FINAL 6 HOMESITES!

The Cove at Cinnaminson Harbour invites you to enjoy spacious garage townhomes that boast enviable, maintenance-free living, unparalleled convenience and an amenity-rich lifestyle. This spacious garage townhome community is across the street from the RiverLINE and within easy reach of Route 130, I-95, I-295, the NJ Turnpike and Philadelphia.

• Located in Cinnaminson, NJ
• 3 bedrooms
• 2-car garage
• Stately townhomes with elegant appointments, spacious floorplans and today’s most sought-after features
• Maintenance-free lifestyle
• Community amenities include tennis courts, basketball courts and a future pool and clubhouse
• Convenient to shopping, dining and everyday conveniences
• Across the street from RiverLINE
• Easy access to Philadelphia’s dining, shopping, work centers and entertainment
• Minutes from Route 130, I-95, I-295 and the NJ Turnpike


(All pictures shown on this website are artist renderings)

*Federal tax credit up to $8,000 for first-time buyers and $6,500 for move-up buyers available on homes under contract as primary residences by 4/30/2010 and settled by 6/30/2010. $8,000 tax credit is for first-time buyers or those who have not owned a primary residence in 3 years. The $6,500 credit is Available to Move-Up Buyers who have maintained the same principal residence for any 5-consecutive year period during the 8-year period ending on the date of the settlement. Income limitations and other restrictions apply. We suggest you consult a Certified Public Accountant and IRS.gov for tax advice and official requirements. **Savings vary by community. Available on new sales contracts through 2/28/10. Prior sales and homes under construction excluded. Cannot be combined with any other offers. Must use NVR Mortgage, Inc. to receive incentive. Prices, offers and financing subject to change without notice. See a Sales and Marketing Representative for details.

Directions:

From I-295 take Exit 36B OR From NJ Turnpike take Exit 4.
-Merge onto Route 73 North
-Stay on Route 73 North following signs to Tacony/Palmyra Bridge
-Merge onto Route 130 North
-At the 4th traffic light turn right onto Riverton Road
-Stay left and cross over Rt. 130, following signs to Riverton Rd.
-Continue on Riverton Rd. to railroad tracks and turn right onto Broad Street
-Continue on Broad St. to Harbour Blvd.
-Make your first LEFT in the community to Sales Center & Model.

Address: 1597 Jason Drive, Cinnaminson, NJ 08077


‡ This is a limited time offer and available only on new contracts when financing through NVR Mortgage. Please consult our sales representative for details.

Models Available

Starting from the Upper $250's

**Limited time only. Financing based on a 30 Year FHA loan, with an interest rate of 4.875%, an APR not to exceed 5.574%, and 3.5% down payment. Monthly payment assumes the base sales price of the community which includes principal, interest, estimated taxes, insurance, up front mortgage insurance premium and estimated tax savings based on a 28% income tax rate. We recommend that you consult a Certified Public Accountant regarding your specific tax situation and details. Monthly payment does not include homeowner's association dues. Monthly payment includes condominium association dues. The borrower is paying 0 discount point(s). A 1% origination fee is paid by the buyer. Mortgage insurance is included in these examples because the LTV is 96.5%. Qualifying and rates on loan programs may vary based on credit criteria, final amount of down payment, and are subject to current market pricing. APR may vary depending on rate and final loan program. Certain restrictions may apply. Rates effective 2/9/2010 and subject to change without notice. Prices, offers and financing are subject to change without notice. See sales representative for details.

Product: 30 Year FHA
Sales Price: $259,990
Interest Rate: 4.875%
Downpayment: 3.5%
Property Tax Rate: 2.5%
Origination Fee: 1%
Discount Points: 0%
Hazard Insurance: 0.2%
PMI: 0.55%
Up Front MI: 1.75%
Downpayment Estimate: $9,100
Loan amount: $255,281
Up front mortgage insurance amount: $4,391

  $314  (Principal)
+ $1,037  (Interest)
+ $542  (Property Tax Estimate)
+ $43  (Hazard Insurance Estimate)
+ $117  (PMI Estimate)
+ $281  (Condo Fees)
- $288  (1st Year Tax Savings Estimate)
-------------------
$2,046 : Estimated Monthly Payment