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Community Corner

American Properties’ Luxury Condominium Development, The Jefferson, Gives Renters the Chance to Buy at an Affordable Price

Lease to Own Program Makes Luxury Homeownership Attainable

Gretchen McKanry, 44-year-old mother of two, considers herself very fortunate to have found American Properties’ luxury condominium development, The Jefferson, in Ewing, N.J., during a simple drive through the neighborhood. After previously looking at a number of older homes, townhouses and condominiums, McKanry had reservations about jumping into homeownership.  However, when she discovered the conveniently-located and affordably-priced homes at The Jefferson and learned about their “Lease to Own” program, she knew she had finally found the perfect home for herself and her two children.

“Hearing about American Properties’ ‘Lease to Own’ program really confirmed my decision,” said McKanry. “The leasing option made it possible for my family to invest in luxury, new construction without having to immediately take the plunge into homeownership.  As soon as we moved in, I knew right away we had found the right place to live.”

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McKanry was immediately drawn to both the location and price of The Jefferson homes, two very important factors in her decision-making process. The homes’ additional unique features, including the spacious floor plans, the 9-foot ceilings, and ample amount of natural light, heightened her attraction to the community. “As a single mom looking for a home that both fits within my price range and is located in the perfect area, my new home at The Jefferson is the perfect fit,” said McKanry. “It includes all of the must-haves I was looking for in a good location at an affordable price.  The pricing and the available low interest rates actually makes my mortgage, including condominium fees, lower than what I had been paying to rent!”

After a very pleasant experience with American Properties’ sales staff, McKanry felt comfortable purchasing a home at The Jefferson. McKanry has taken advantage of American Properties’ “Lease to Own” program, allowing her six months of rent to contribute to the down payment for her home.  Qualified lessees that enroll in American Properties’ Smart Rent to Buy Program, are eligible to have up to six months of the their full rent applied toward the down payment of the home. Additionally, American Properties will cover all closing costs with no private mortgage insurance. For potential buyers, homes in the Rent to Buy Program start at a very attractive $199,990. Lessees wishing to take part in the program must first qualify for a mortgage with the developer’s preferred lender to be eligible.  “Above all of the community amenities and home features, I am most excited to now own my own home,” McKanry added.

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McKanry selected the 1,458-square-foot Donnington model, one of several models offered at this lifestyle-focused community, with spacious floor plans that range from 1,446 to 1,635 square feet of living space. All of the condominium homes are equipped with desirable features, including 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.  Limited models are available, so buyers are urged to check with a sales associate for specific model details.  

With homes starting at $199,990, The Jefferson makes luxury living easily attainable.  "We are committed to fulfilling the needs of people looking to buy, and with our current incentives and tailored buying programs, new construction is increasingly more affordable,” said Paul Csik, Senior Vice President of Sales and Marketing at American Properties.  "Now is the perfect time to take advantage of our ‘Lease to Own’ program at The Jefferson, as it is an excellent opportunity for buyers to experience community-oriented and maintenance-free living in an exciting and convenient location.”

Conveniently located in Ewing, The Jefferson is within close proximity to major area highways, including Interstates 295, 95, and 195, mass transit, and prominent New Jersey colleges with easy access to Pennsylvania and New Jersey metro areas.  Only eight miles from Princeton, N.J., the area offers a number of dining, shopping, and entertainment options.

Potential homebuyers are encouraged to meet with a sales associate to take advantage of current deals.  For further details, please visit the sales office, which is open daily, from 10:00 a.m. to 5:00 p.m.  For more information about The Jefferson in Ewing, N.J., please call the sales office at (609) 434-1191, find us on Facebook at www.americanproperties.net/facebook, or visit www.americanproperties.net

About American Properties Realty
American Properties Realty, Inc. is a family owned, New Jersey focused, award-winning home builder based in Iselin, N.J., that is committed to earning the trust of each buyer or renter who calls its communities “home.” American Properties Realty and its affiliated companies have created over 15,000 homes: from luxury single-family estates to master-planned communities of apartments, condominiums and townhomes. American Properties Realty prides itself on delivering the right home in the right place at the right price. Its residential communities have an unsurpassed reputation for quality craftsmanship and extraordinary value in creating community-oriented homes in premier locations. For more information please visit www.americanproperties.net, www.americanproperties.net/facebook/ or call (609) 434-1191.

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