Toll Brothers Launches Townes at Main Street: New Luxury Townhome Community Opens in North Brunswick, NJ

Toll Brothers announces the opening of Townes at Main Street, a luxury townhome community in North Brunswick, New Jersey.

Quiver AI Summary

Toll Brothers, Inc., a leading luxury home builder, has announced the opening of its new luxury townhome community, Townes at Main Street, in North Brunswick, New Jersey. Situated at 311 Grand Ave, this community features upscale, low-maintenance townhomes that are within walking distance of shopping, dining, and transit options. The homes, designed in 2- and 3-story layouts with 2 to 3 bedrooms and single-car garages, range from about 1,688 to 2,315 square feet and are priced starting in the mid-$600,000s. Some units offer private balconies, and quick move-in options are available for families looking to relocate before the 2026/2027 school year. The community benefits from convenient access to major highways and public transportation, providing an ideal blend of modern living and connectivity.

Potential Positives

Toll Brothers has successfully opened a new luxury townhome community, Townes at Main Street, enhancing its portfolio and presence in New Jersey.
The new community offers modern designs and features, appealing to homebuyers looking for luxury and convenience in a prime location.
The quick move-in option for homes is advantageous for families aiming to settle before the upcoming school year.
Toll Brothers has been recognized as the #1 Most Admired Home Builder in Fortune magazine’s 2026 list, affirming its reputation in the luxury home market.

Potential Negatives

While the press release promotes a new luxury community, it does not disclose any information regarding the potential impacts of the current economic climate, rising interest rates, or housing market fluctuations that could affect sales performance.
The pricing of townhomes starting from the mid-$600,000s may limit the target market to more affluent buyers, potentially excluding a broader range of potential homebuyers.
The announcement of "quick move-in homes" suggests a potentially urgent need to sell, which could imply less favorable market conditions or slow initial sales at the new community.

FAQ

What is Townes at Main Street?

Townes at Main Street is a new luxury townhome community in North Brunswick, New Jersey, by Toll Brothers, Inc.

What types of homes are available at Townes at Main Street?

The community features 2- and 3-story townhomes with 2 to 3 bedrooms and 2.5 to 3 bathrooms.

What is the price range for homes at Townes at Main Street?

Homes are priced from the mid-$600,000s and range from approximately 1,688 to 2,315 square feet.

When will homes at Townes at Main Street be available?

Quick move-in homes are available for delivery as early as July 2026, ideal for families before the school year.

How can I get more information about Townes at Main Street?

For more information, call 844-834-5263 or visit TollBrothers.com/NJ.

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.

$TOL Insider Trading Activity

$TOL insiders have traded $TOL stock on the open market 5 times in the past 6 months. Of those trades, 0 have been purchases and 5 have been sales.

Here’s a breakdown of recent trading of $TOL stock by insiders over the last 6 months:

DOUGLAS C. JR. YEARLEY (Chief Executive Officer) has made 0 purchases and 3 sales selling 72,130 shares for an estimated $11,536,916.
PAUL E SHAPIRO sold 3,965 shares for an estimated $581,580
JOHN A MCLEAN sold 2,313 shares for an estimated $354,888

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$TOL Revenue

$TOL had revenues of $2.1B in Q1 2026. This is an increase of 15.41% from the same period in the prior year.

You can track TOL financials on Quiver Quantitative's TOL stock page.

$TOL Hedge Fund Activity

We have seen 318 institutional investors add shares of $TOL stock to their portfolio, and 410 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

PRICE T ROWE ASSOCIATES INC /MD/ added 3,151,509 shares (+2067.8%) to their portfolio in Q4 2025, for an estimated $426,147,046
D1 CAPITAL PARTNERS L.P. removed 1,603,881 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $221,560,121
HOLOCENE ADVISORS, LP removed 1,225,926 shares (-55.1%) from their portfolio in Q4 2025, for an estimated $165,769,713
BLACKROCK, INC. removed 976,725 shares (-8.8%) from their portfolio in Q4 2025, for an estimated $132,072,754
CITADEL ADVISORS LLC added 946,520 shares (+876.1%) to their portfolio in Q4 2025, for an estimated $127,988,434
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 784,007 shares (-76.4%) from their portfolio in Q4 2025, for an estimated $106,013,426
LONG POND CAPITAL, LP removed 641,844 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $88,664,330

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$TOL Analyst Ratings

Wall Street analysts have issued reports on $TOL in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

RBC Capital issued a "Outperform" rating on 12/10/2025
UBS issued a "Buy" rating on 12/10/2025
B of A Securities issued a "Buy" rating on 10/10/2025

To track analyst ratings and price targets for $TOL, check out Quiver Quantitative's $TOL forecast page.

$TOL Price Targets

Multiple analysts have issued price targets for $TOL recently. We have seen 12 analysts offer price targets for $TOL in the last 6 months, with a median target of $166.0.

Here are some recent targets:

Anthony Pettinari from Citigroup set a target price of $162.0 on 02/26/2026
Jade Rahmani from Keefe, Bruyette & Woods set a target price of $170.0 on 02/25/2026
Michael Rehaut from JP Morgan set a target price of $143.0 on 02/23/2026
Stephen Kim from Evercore ISI Group set a target price of $174.0 on 02/19/2026
Sam Reid from Wells Fargo set a target price of $185.0 on 02/19/2026
John Lovallo from UBS set a target price of $198.0 on 02/19/2026
Mike Dahl from RBC Capital set a target price of $161.0 on 02/19/2026

Full Release

NORTH BRUNSWICK, N.J., March 23, 2026 (GLOBE NEWSWIRE) -- Toll Brothers, Inc . (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest luxury townhome community, Townes at Main Street , is now open in North Brunswick, New Jersey. Located at 311 Grand Ave in North Brunswick, this new community features thoughtfully designed homes and an ideal location within walking distance to shopping, dining, and major transit routes.

Townes at Main Street offers sophisticated 2- and 3-story townhome designs with 2 to 3 bedrooms, 2.5 to 3 bathrooms, and single-car garages. Modern home designs range from approximately 1,688 to 2,315 square feet and are priced from the mid-$600,000s. Select home designs include private balconies. Quick move-in homes are also available in Townes at Main Street and include Designer Appointed Features selected by talented design professionals at the Toll Brothers Design Studio. These homes are available for delivery as early as July 2026, ideal for families who want to move before the 2026/2027 school year.

"Townes at Main Street offers a rare combination of low-maintenance living, luxury home designs, and a prime location with unmatched connectivity to major transit routes and public transportation," said Jill Sarcia, Division President of Toll Brothers in New Jersey. "This community is perfect for home shoppers looking for a modern, well-connected and walkable lifestyle."

Located near Route 1, Townes at Main Street provides easy access to the New Jersey Turnpike, Interstate 287, and the New Brunswick NJ Transit Train Station for convenient commuting to New York City, Rutgers University, or Princeton. Residents will also enjoy being within walking distance of local shopping and dining, with the added benefit of low-maintenance living that includes lawn care and snow removal.

For more information on Townes at Main Street, or to learn more about Toll Brothers communities throughout New Jersey, call 844-834-5263 or visit TollBrothers.com/NJ .

About Toll Brothers

Toll Brothers, Inc. , a Fortune 500 Company, is the nation’s leading builder of luxury homes. The Company was founded in 1967 and became a public company in 1986 with common stock listed on the New York Stock Exchange under the symbol “TOL.” Toll Brothers 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.

Toll Brothers was named the #1 Most Admired Home Builder in Fortune magazine’s 2026 list of the World’s Most Admired Companies®, the ninth year the Company has achieved this honor. Toll Brothers has also been named Builder of the Year by Builder magazine and is the first two-time recipient of Builder of the Year from Professional Builder magazine. For more information visit TollBrothers.com .

Contact: Andrea Meck | Toll Brothers, Senior Director, Public Relations & Social Media | 215-938-8169 | [email protected]

Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/4c141a30-30c2-4517-9d89-bd509ffce557
https://www.globenewswire.com/NewsRoom/AttachmentNg/e98081b4-8305-4edc-85b4-389da3da3369
https://www.globenewswire.com/NewsRoom/AttachmentNg/b36f76cd-7484-41d0-aa3d-f501152c2e18

Sent by Toll Brothers via Regional Globe Newswire (TOLL-REG)