NO TAX INCREASES FOR 10 YEARS!

10
With Hilltop’s unique tax PILOT program, you will have
no tax increases for the first 10 years of ownership.
Homeowners avoid tax rate fluctuations and instead pay
an annual 2.2% of the home’s sales price. So you can
stop worrying about your taxes, and enjoy everything
this crafted community has to offer.
YEARS
The tax abatement is for a 30-year term, which begins to 2.2% of the Deed Price
run from the date that a buyer closes on the home. 2.2% of Annual Service Charge
the deed price is the annual payment for the first 10 years
after the closing. Beginning in Year 11, the annual PILOT
payment increases by 3% annually over the prior year.

Ask your sales associate for more information!

125 FAIRVIEW AVE, CEDAR GROVE, NJ 07009 | (888) 546-8466 | KHOV.COM/HILLTOP

Any photographs used are for illustrative purposes only. Photographs or renderings of people do not depict or indicate any preference regarding race, religion, gender, sexual orientation, disability, familial status,
or national origin. There is no guarantee that any particular home site, home or common area will offer a view or that any particular view will be preserved. Views may also be altered by subsequent development,
construction, and landscaping growth. The developer of Hilltop at Cedar Grove is Hilltop at Cedar Grove Urban Renewal, LLC, an affiliate and indirect subsidiary of Hovnanian Enterprises®, Inc. See a Sales
Consultant for full details. ©2018 K. Hovnanian® Companies, LLC.