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            <ZIPCode>08109</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>IN MEMORY OF ELIZABETH HOVNANIAN</PurposeOfGrantOrContribution>
          <Amount>250</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SOUTH JERSEY FRATERNAL ORDER OF POLICE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1137 FEDERAL ST</AddressLine1>
            <City>CAMDEN</City>
            <State>NJ</State>
            <ZIPCode>08101</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>IN MEMORY OF ELIZABETH HOVNANIAN</PurposeOfGrantOrContribution>
          <Amount>125</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>HOVNANIAN SCHOOL</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>817 RIVER ROAD</AddressLine1>
            <City>NEW MILFORD</City>
            <State>NJ</State>
            <ZIPCode>07646</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>IN MEMORY OF ELIZABETH HOVNANIAN</PurposeOfGrantOrContribution>
          <Amount>2500</Amount>
        </GrantOrContriPaidDuringYear>
        <TotGrantOrContriPaidDuringYear>13524</TotGrantOrContriPaidDuringYear>
      </SupplementaryInformation>
      <AnalysisIncomeProducingActy>
        <FeesContractsFromGovtAgencies />
        <MembershipDuesAndAssessments />
        <IntOnSavingsAndTempCashInvst>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>2</ExclusionAmount>
        </IntOnSavingsAndTempCashInvst>
        <DividendsAndIntFromSecPartVII>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>137259</ExclusionAmount>
        </DividendsAndIntFromSecPartVII>
        <NetRentalIncmReDebtFincdProp />
        <NetRntlIncmReNotDebtFincdProp />
        <NetRentalIncmPersonalProperty />
        <OtherInvestmentIncomePartVII />
        <GainSalesAssetsOthThanInvntry>
          <ExclusionCode>18</ExclusionCode>
          <ExclusionAmount>388406</ExclusionAmount>
        </GainSalesAssetsOthThanInvntry>
        <NetIncomeLossFromSpecialEvents />
        <GrossProfitLossSalesOfInvntry />
        <SubtotalsPartXVIA>
          <ExclusionAmount>525667</ExclusionAmount>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>525667</TotalPartXVIA>
      </AnalysisIncomeProducingActy>
      <TrnsfrTrRlnWithNoncharitableEO>
        <TrnsfrOfCashToNoncharitableEO>false</TrnsfrOfCashToNoncharitableEO>
        <TrnsfrOthAssetsNoncharitableEO>false</TrnsfrOthAssetsNoncharitableEO>
        <SalesOrExchangesOfAssets>false</SalesOrExchangesOfAssets>
        <PurchaseAssetsNoncharitableEO>false</PurchaseAssetsNoncharitableEO>
        <RentalOfFacilitiesEtc>false</RentalOfFacilitiesEtc>
        <ReimbursementArrangements>false</ReimbursementArrangements>
        <LoansOrLoanGuarantees>false</LoansOrLoanGuarantees>
        <PerformanceOfServicesEtc>false</PerformanceOfServicesEtc>
        <SharingOfFacilitiesEtc>false</SharingOfFacilitiesEtc>
        <RelationshipsNoncharitableEOs>false</RelationshipsNoncharitableEOs>
      </TrnsfrTrRlnWithNoncharitableEO>
    </IRS990PF>
    <DepreciationSchedule documentId="DepreciationSch" />
    <LandEtcSchedule2 documentId="LandEtcSch2" />
    <OtherAssetsSchedule documentId="OtherAssetsSch">
      <OtherAssets>
        <Description>EXCHANGE</Description>
        <BOYBookValue>-2488</BOYBookValue>
        <EOYBookValue>-2488</EOYBookValue>
        <EOYFMV>-2488</EOYFMV>
      </OtherAssets>
    </OtherAssetsSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSch">
      <OtherExpenses>
        <Description>INVESTMENT FEES</Description>
        <RevenueAndExpensesPerBooks>34268</RevenueAndExpensesPerBooks>
      </OtherExpenses>
      <OtherExpenses>
        <Description>BANK SERVICE CHARGES</Description>
        <RevenueAndExpensesPerBooks>149</RevenueAndExpensesPerBooks>
      </OtherExpenses>
      <OtherExpenses>
        <Description>OFFICE SUPPLIES</Description>
        <RevenueAndExpensesPerBooks>500</RevenueAndExpensesPerBooks>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="OtherIncomeSch2">
      <OtherIncome>
        <Description>OTHER INCOME</Description>
        <RevenueAndExpensesPerBooks>75</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>75</NetInvestmentIncome>
      </OtherIncome>
    </OtherIncomeSchedule2>
    <OtherIncreasesSchedule documentId="OtherIncreasesSch">
      <OtherIncreases>
        <Description>BEQUEST FROM E. HOVNANIAN ESTATE</Description>
        <Amount>1089769</Amount>
      </OtherIncreases>
      <OtherIncreases>
        <Description>BEQUEST FROM E. HOVNANIAN WILL</Description>
        <Amount>1195148</Amount>
      </OtherIncreases>
    </OtherIncreasesSchedule>
    <TaxesSchedule documentId="TaxesSchedule">
      <Taxes>
        <Category>TAXES - OTHER</Category>
        <Amount>588</Amount>
      </Taxes>
      <Taxes>
        <Category>TAXES - FOREIGN WITHHELD</Category>
        <Amount>4969</Amount>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>