Toll Brothers Announces New Luxury Home Community Coming Soon to Peapack, New Jersey

Toll Brothers (NYSE:TOL) announced Peapack Crossing, a new luxury home community in Peapack, Somerset County, New Jersey, expected to open for sale in summer 2026.

Rhea-AI Summary

Toll Brothers (NYSE:TOL) announced Peapack Crossing, a new luxury home community in Peapack, Somerset County, New Jersey, expected to open for sale in summer 2026.

The community will offer carriage-style townhomes from $1.4 million and single-family homes from $1.5 million with modern designs and access to top schools and transit.

Argus Jun 12 session

-0.07% close to close Open Argus

Details

News Market Reaction – TOL

On Jun 12, the day this news came out, TOL closed 0.07% below the previous close.

Data tracked by StockTitan Argus for the Jun 12 session.

Market Context

This announcement adds another high-end community, Peapack Crossing, with carriage-style townhomes a...

Analysis

This announcement adds another high-end community, Peapack Crossing, with carriage-style townhomes and single-family homes starting from $1.4 million and over 3,100 square feet in premium designs. It reinforces Toll Brothers’ strategy of serving affluent buyers in desirable school districts and transit-accessible locations. In light of recent filings noting softer profitability but solid backlog, investors may watch how quickly these New Jersey homes convert to contracts and how pricing supports margins over time.

Key Figures

Carriages size range: 3,045–3,551 sq. ft. Carriages starting price: $1.4 million Signature starting price: $1.5 million +5 more

Carriages size range

3,045–3,551 sq. ft.

Peapack Crossing Carriages Collection townhomes

Carriages starting price

$1.4 million

Peapack Crossing Carriages Collection

Signature starting price

$1.5 million

Peapack Crossing single-family homes

Signature home size

Over 3,100 sq. ft.

Peapack Crossing Signature Collection designs

Bedrooms

3 bedrooms

Signature Collection single-family homes

Markets served

Over 60 markets

Toll Brothers operations across the United States

Year founded

1967

Company founding year

Fortune ranking streak

9 years

Named #1 Most Admired Home Builder

Historical Context

5 past events · Latest: Jun 10

5 events

1. Jun 10

   Award recognition

   24h Move

   -3.6%

   Community in Florida received Best of Show and Gold awards.

2. Jun 09

   Model home opening

   24h Move

   +5.1%

   Grand opening of model homes at Santa Rita Ranch in Texas.

3. Jun 09

   Final sales phase

   24h Move

   +5.1%

   Final opportunity to buy luxury homes at Skye Canyon, Las Vegas.

4. Jun 08

   Model homes opening

   24h Move

   -0.6%

   Grand opening of four model homes at Outlook at The Station.

5. Jun 03

   New community selling

   24h Move

   -1.5%

   Launch of Haven at Palm Valley luxury community in Ponte Vedra.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Peapack Crossing offers carriage-style townhomes and single-family homes in a prime Somerset County location

PEAPACK, N.J., June 12, 2026 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest luxury home community, Peapack Crossing, is coming soon to Somerset County, New Jersey. Featuring two distinct collections of homes, Peapack Crossing will offer a rare blend of serenity and convenience in one of New Jersey’s most desirable locations. Site work is underway, and the community is anticipated to open for sale later this summer 2026.

Peapack Crossing will showcase luxury carriage-style townhomes and single-family homes on private, wooded home sites. The Carriages Collection will feature two-story townhomes ranging from approximately 3,045 to 3,551 square feet, with open-concept floor plans, walk-out basements, and two-car garages from $1.4 million. The Signature Collection will include single-family three-bedroom homes from $1.5 million. Modern two-story designs in the Signature collection will span over 3,100 square feet, offering spacious living areas and first-floor primary bedroom suites.

Toll Brothers customers will experience one-stop shopping at the Toll Brothers Design Studio. The state-of-the-art Design Studio allows home shoppers to choose from a wide array of selections to personalize their dream home with the assistance of Toll Brothers professional Design Consultants.

"Peapack Crossing is truly a special community that offers unparalleled luxury living in the heart of Somerset County," said Jill Sarcia, Division President of Toll Brothers in New Jersey. "With thoughtfully designed homes and an exceptional location near highly ranked schools, outdoor recreation, and local conveniences, this community is ideal for home shoppers seeking a sophisticated lifestyle."

Residents of Peapack Crossing will enjoy a prime location close to charming shops and restaurants, pristine outdoor recreation, and highly ranked schools in the Somerset Hills School District. The community also offers easy access to major transit routes, connecting residents to New York City, Morristown, and beyond.

For more information and to join the Toll Brothers interest list for Peapack Crossing, 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.

From Fortune, ©2026 Fortune Media IP Limited. All rights reserved. Used under license.

Contact: Andrea Meck | Toll Brothers, Senior Director, Public Relations & Social Media | 215-938-8169 | ameck@tollbrothers.com

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/49db26d3-912d-4ad3-b0bc-07261421f643

https://www.globenewswire.com/NewsRoom/AttachmentNg/26dab164-6db2-4bf6-9425-4b4c2d1e34ed 

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

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is Peapack Crossing by Toll Brothers (NYSE:TOL) in New Jersey?

Peapack Crossing is a new luxury home community in Peapack, Somerset County, New Jersey. According to Toll Brothers, it will feature carriage-style townhomes and single-family homes on wooded sites, combining upscale designs with proximity to schools, shopping, recreation, and major transit routes.

When will Toll Brothers Peapack Crossing community in Peapack, NJ open for sale?

Peapack Crossing is anticipated to open for sale in summer 2026. According to Toll Brothers, site work is already underway, and interested buyers can join an interest list to receive updates on pricing, availability, and launch timing as sales approach.

What types and sizes of homes will Toll Brothers offer at Peapack Crossing (TOL)?

Peapack Crossing will offer carriage-style townhomes and single-family homes in two collections. According to Toll Brothers, townhomes will be about 3,045–3,551 square feet, while modern single-family designs exceed 3,100 square feet, with open layouts, walk-out basements, and first-floor primary suites.

What are the starting prices for homes at Toll Brothers Peapack Crossing community?

Townhomes in the Carriages Collection start from $1.4 million, and single-family homes from $1.5 million. According to Toll Brothers, these luxury homes include upscale layouts, two-car garages, and personalized finishes available through the company’s Design Studio and professional Design Consultants.

Where is Toll Brothers Peapack Crossing located and what amenities are nearby?

Peapack Crossing is located in Peapack, Somerset County, New Jersey, within the Somerset Hills School District. According to Toll Brothers, residents will be close to shops, restaurants, outdoor recreation, and enjoy convenient access to major routes connecting to New York City, Morristown, and surrounding areas.

How can buyers register interest in Toll Brothers Peapack Crossing (NYSE:TOL)?

Interested buyers can join the Peapack Crossing interest list by phone or online. According to Toll Brothers, prospects may call the listed toll-free number or visit TollBrothers.com/NJ to receive community updates, launch details, and future sales information as the opening approaches.