StockWatch
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Homebuilding
New LaunchJun 12, 2026, 09:54 AM

Toll Brothers to Open New Luxury Home Community in New Jersey

AI Summary

Toll Brothers, Inc. announced the upcoming launch of Peapack Crossing, a new luxury home community in Somerset County, New Jersey. The community will feature two distinct collections, the Carriages Collection offering townhomes from $1.4 million and the Signature Collection with single-family homes from $1.5 million. Site work is in progress, with sales expected to commence in summer 2026, providing residents with high-end living, access to top-rated schools, and convenient transit options.

Key Highlights

  • Toll Brothers announced Peapack Crossing, a new luxury home community.
  • Community located in Somerset County, New Jersey, opening summer 2026.
  • Carriages Collection townhomes from $1.4 million, 3,045-3,551 sq ft.
  • Signature Collection single-family homes from $1.5 million, over 3,100 sq ft.
  • Offers luxury living with access to highly ranked schools and transit.