CLIENT:       MG GROUP
SUBJECT:    CUL-DE-SAC HOMESITES
CONTACT:  STAN LEMOND  (JILLETTE)
RELEASE:   332-NR-001
DATE:           2/02

MG GROUP OF COMPANIES REPORTS CUL-DE-SAC HOMESITES
FAVORED BY MONMOUTH COUNTY HOMEBUYERS

          The MG Group of Companies, builders of the Battleground Collection communities in Manalapan, Colts View Estates at Tinton Falls and Ardena Acres at Colts View in Howell Township reports the cul-de-sac homesites offered at the communities are increasingly popular with today’s homebuyers. Lynn Schaloub, President of HouseMart, Inc. notes that while home design and location are key buying factors, homes set on cul-de-sac streets are gaining in popularity for several reasons.

          “Cul-de-sac homesites provide the safety and privacy for which homebuyers are searching,” Schaloub comments. “Since there is no through traffic on cul-de-sac streets, they are generally quieter and safer than other streets. That’s a real comfort to parents with small children and a benefit to residents who like peace and quiet.”

          The MG Group of Companies is offering several communities which are built around cul-de-sacs. The Battleground Collection in Manalapan, Ardena Acres at Colts View in Howell and Colts View Estates in Tinton Falls all feature estate-style residences on cul-de-sacs.

          The five bedroom homes in the Battleground Collection are available in some of Manalapan’s most desirable locations. At Battleground Woods, one immediate delivery home remains available. A lush treed environment and spacious one-acre homesites characterize the Battleground Woods neighborhood. Two story foyers accented with dramatic center stairways and convenient au-pair suites which are ideal for either live-in childcare providers or extended family members distinguish these extraordinary homes.

          Battleground Ridge, which is also in Manalapan offers several lake view homesites and one immediate occupancy home. Battleground Crossing is convenient to Route 9 and the Manalapan Recreation Center. The winning combination of spectacular Design 2000 homes along with Manalapan’s excellent schools make these communities very attractive to many families. Battleground Collection homes are priced from the $500’s.

          The MG Group of Companies is also building two communities on the border of the prestigious Colts Neck. Ardena Acres at Colts View in Howell Township and Colts View in Tinton Falls both offer cul-de-sac living in convenient locations. The four and five bedroom homes in these communities are just a short drive from major commuter routes. Ardena Acres at Colts View is close to he many retail shopping centers and service businesses accessible from nearby Routes 537, 9, 18, and 33. Colts View Estates at Tinton Falls is only minutes from Route 520 and the Garden State Parkway. Monmouth Mall, The Grove at Shrewsbury and the PNC Bank Arts Center are all located in the area. New York commuters will like the availability of train service in neighboring Red Bank.

          Homes at Ardena Acres in Howell are priced from the upper $400’s and homes at Colts View Estates in Tinton Falls are priced from the low $500’s. Four homes remain available at each community.

          All MG Group of Companies communities offer distinctive Design 2000 homes which are distinguished by dramatic floorplans of up to 5,000 square feet with towering two story foyers and elegant stairway designs. Homebuyers may choose from “floating” center staircase designs as well as double circular stairways and intricate butterfly stairways all with balcony overlooks. Volume space further enhances the rich texture of Design 2000 homes. Cathedral and vaulted ceilings are found in most home designs. Master bedroom and bath suites with private sitting rooms, private studies, secondary stairways and home libraries also define these elegant residences.

          Homebuyers are invited to personalize their new home at the MG Group of Companies Decor Center which is located in Colts Neck. There buyers will work with a knowledgeable design consultant, who will help them make the selections for their home.

          Directions: To reach the Battleground Woods model take Route 9 to Route 537 west approximately one mile (past CentraState Hospital) to Gravel Hill Road and turn right. Follow Gravel Hill Road approximately 3/4 mile to Battleground Woods Sales Center and model on the left. To reach the Ardena Acres at Colts View/Colts View Estates sales center take Route 18 to Route 537 east (Colts Neck) and proceed 1/4 mile the traffic light at Colts Neck High School. Turn right at the light and proceed 1-1/2 miles to the sales center on the right.