COLDWELL BANKER NEW HOMES ANNOUNCES THE PRE-CONSTRUCTION GRAND OPENING OF THE ESTATES AT ROXBURY – A FINE COLLECTION OF NEW SINGLE FAMILY HOMES BY DIVERSIFIED PROPERTIES – SUNDAY, OCT, 3, 2004

PARSIPPANY, NJ, SEPTEMBER 27, 2004 – Coldwell Banker New Homes, one of the nation's largest, award winning residential brokerage firms, is pleased to announce the pre-construction grand opening of the charming Estates at Roxbury collection of homes on Sunday, October 3, 2004 from 11 a.m. to 4 p.m. Prospective home purchases will be able to preview the "hot off the press" blueprints of this fine collection of four-bedroom, two-and-a-half-bath colonial-style single family homes. They will also be able to tour the properties nestled in the rolling hills of Western Morris County in the Township of Roxbury. Models are currently underway, with prices at the community starting from the $800,000s.

The Estates at Roxbury are the latest in a long line of successes for builder Diversified Properties of Roseland, New Jersey. According to Coldwell Banker Regional New Homes Specialist Lynette Hamara, "Diversified Properties is well-known for its attention to detail and insistence on utilizing only the finest available materials in every home they build. This approach is especially evident in the prestigious Diversified-designed custom-homes at Ridgeview Estates in Bergen County and Bear Rock and Point View in Morris County. In all of these homes, as at the Estates at Roxbury, purchasers recognize that each home perfectly reflects their personal choices."

She continues, "This commitment to purchasers begins at the top. Diversified Properties enjoys the leadership of Principal Nicholas Minoia, a former executive with some of the state's most renowned development companies. Mr. Minoia, with more than 25 years of planning and home building experience, has been a dynamic central figure in the design of literally thousands of homes, including custom single-family homes and upscale townhomes at a multitude of hallmark communities in New York, New Jersey and Connecticut." She concludes, "He takes great personal satisfaction in working closely with his customers, building new homes that not only meet their specific needs, but also establish a trust that results in their complete satisfaction."

In keeping with Mr. Minoia's design philosophy, each home that adorns the one-acre wooded properties of the Estates at Roxbury will be a unique expression of its owner. Site Manager Ann Rodriguez of Coldwell Banker in Parsippany notes, "These homes will be filled with lovely details, unique charm and just the right amount of space for all of today's home purchasers' needs."

She continues, "Welcoming foyers with beautiful hardwood floors will lead into formal areas perfect for entertaining guests in either the expansive dining room or elegant living room both with beautiful crown molding. For more casual affairs, the family room will be spacious and offer a cozy fireplace. The open country-style kitchen will feature 12 inch by 12 inch ceramic tile floors, state-of-the-art General Electric appliances, Kitchencraft wood cabinetry in choice of finish, Corian countertops and plenty of space—perfect for get togethers with family and friends."

Upstairs, the grand master bedroom suite will pamper and soothe even the most demanding of residents with a large bedroom area, walk-in closets and sitting room. The lavish marble tiled master bath will become a favorite retreat with oversized whirlpool, glass-enclosed shower stall, twin Corian sinks and elegant Kohler fixtures. Three additional bedrooms with large closets and full bath provide plenty of family space.

Other unique features of the homes at the Estates of Roxbury include brick or stone accented exteriors, a fine array of Pella windows and doors, a blue stone walkway, a three-car garage, paved driveway and city sewer and water.

The homes of the Estates at Roxbury are complimented by their wonderful location right next to the Flanders Valley Golf Course and all that the Township of Roxbury is famous for. According to Rodriguez, "Roxbury prides itself on its outstanding school system, its beautiful parks and the wide variety of amenities and activities available within its borders, from the Horseshoe Lake recreation area to golf at nearby courses and ranges to the plethora of local Revolutionary War-era historical sites." She adds, "Yet, Roxbury is approximately 50 miles from Manhattan and offers easy access to Interstate 80 and Routes 10 and 46. This ideal location allows Roxbury to host a thriving business community of its own, and many restaurants and national retailers flourish at its crossroads."

Prospective home buyers, who are searching for a truly elegant estate home in one of the state's most beautiful suburban settings, are encouraged to attend the pre-construction grand opening of the Estates at Roxbury on Sunday, October 3, 2004. To visit, take Route 80 to Route 206 South. Proceed 4.1 miles on Route 206 South to the Bartley / Flanders jug handle (just before the railroad overpass.) Follow signs left for the u-turn and cross over Route 206 onto Flanders / Bartley Road. Proceed 1.7 miles to the Sales Trailer on the right. For additional information, please contact Site Manager Ann Rodriguez of Coldwell Banker in Parsippany at (973) 267-3030. Or visit the award winning web site at www.ColdwellBankerMoves.com.