Hovnanian® Homes marked its return to the Atlantic City market with the Aug. 12 groundbreaking of Terraces at Absecon Inlet, launching construction on 38 new waterfront townhomes and condos.
Upon completion, the community will offer homes overlooking the Absecon Inlet and positioned directly across from Altman Park, with close access to Gardner’s Basin and the historic Atlantic City Boardwalk.
Designed to offer a rare opportunity for modern waterfront living just steps from the beach, the four-story residences will include approximately 1,848 square feet, three bedrooms, 3.5 baths, open‑concept living areas, two‑car tandem garages, and private top‑level balconies oriented for panoramic coastal views.
The first phase will deliver five residential buildings, a furnished model home, and select quick move-in opportunities, with initial closings anticipated as early as summer 2027.
Each home will feature K. Hovnanian’s Looks® interior collections, offering coordinated finishes and a streamlined, turnkey approach to personalization.
Terraces at Absecon Inlet places homeowners within easy reach of Atlantic City’s beach, boardwalk, dining, entertainment, and recreation options while providing the advantages of new construction in one of the city’s most distinctive waterfront settings.
Representatives from K. Hovnanian® Homes and Atlantic City Mayor Marty Small, Sr. attended the groundbreaking event.
“We appreciate K. Hovnanian’s commitment to the Great City of Atlantic City and its continued investment in bringing new housing opportunities and stability to our residential market,” said Small, Sr in a news release.
