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You don't have to live in a hovel if you buy a Hovnanian. Hovnanian Enterprises designs, builds, and markets single-family detached homes, condominiums, and townhomes for first-time, move-up, and luxury buyers as well as for empty-nesters and active adults. The company offers homes for sale under the K. Hovnanian, Brighton, Matzel and Mumford, Oster, Parkwood Builders, and Town & Country names. Its average home price is about $280,000. The company operates in about 200 communities in 16 states. Its K. Hovnanian American Mortgage unit offers mortgage financing and title services. Members of the Hovnanian family control about 90% of Hovnanian Enterprises.
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| | | Contact Information | |
Address: |
110 W. Front St.
Red Bank, NJ 07701
| | Phone: | 732-747-7800 | | Fax: | 732-747-6835 |
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| Financial
Highlights | | Fiscal Year End: | October | | Revenue (2012): | 1485.40 M | | Revenue Growth (1 yr): | 30.90% | | Employees (2012): | 1,565 | | Employee Growth (1 yr): | 4.30% |
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Key People
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Chairman, President, and CEO:
Ara K. Hovnanian
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COO:
Thomas J. Pellerito
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EVP, CFO, and Director:
J. Larry Sorsby
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