Toll Brothers Opens New 55+ Community in Pearl River
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
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Source: Newsfilter
- Community Launch: Toll Brothers has opened its new 55+ active-adult community, Regency at Pearl River, in New York, featuring modern two-story townhomes priced from the low $800,000s, catering to the needs of active adult homebuyers.
- Design and Convenience: The community offers home designs with 2 bedrooms, 2 to 3 baths, and 2-car garages, with options for first-floor primary suites and flexible spaces, enhancing both convenience and comfort for residents.
- Future Amenities: The Regency community will feature future onsite amenities such as a pickleball court and walking trails, while homeowners will benefit from low-maintenance living, with landscaping, irrigation, and snow removal included in the homeowners' association fees, further improving quality of life.
- Prime Location: Conveniently located less than a mile from downtown Montvale, New Jersey, the community offers easy access to dining, shopping, and recreation, while being just 40 minutes from New York City, significantly enhancing residents' lifestyle convenience.
Analyst Views on TOL
Wall Street analysts forecast TOL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TOL is 150.00 USD with a low forecast of 110.00 USD and a high forecast of 181.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
13 Analyst Rating
7 Buy
5 Hold
1 Sell
Moderate Buy
Current: 143.070
Low
110.00
Averages
150.00
High
181.00
Current: 143.070
Low
110.00
Averages
150.00
High
181.00
About TOL
Toll Brothers, Inc. is a builder of luxury homes. The Company builds new homes and communities in over 60 markets across the United States, serving first-time, move-up, active-adult, and second-home buyers. The Company also operates its own architectural, engineering, mortgage, title, land development, smart home technology, landscape, and building components manufacturing businesses. It designs, builds, markets, sells, and arranges financing for an array of luxury residential single-family detached, attached, master-planned, resort-style golf, and urban low-, mid-, and high-rise communities. It also develops and operates urban and suburban for-rent apartment and student housing communities (Apartment Living) primarily through joint ventures. These projects are located in various metropolitan areas throughout the country and have generally been operated or developed with partners under the brand names Toll Brothers Apartment Living and Toll Brothers Campus Living.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
