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EINHORN v. CERAN CORP.

177 N.J. Super. 442 (1980)

426 A.2d 1076

ROBERT EINHORN AND DINAH G. EINHORN, PLAINTIFFS, v. CERAN CORPORATION, A NEW JERSEY CORPORATION, DEFENDANT.

Superior Court of New Jersey, Chancery Division Middlesex County.

Decided December 18, 1980.

Attorney(s) appearing for the Case

Michael J. Lunga for plaintiffs (Shanley & Fisher, attorneys).

Louis Cohen for defendant (Brigiani, Gelzer, Cohen & Schneider, attorneys).

COHEN, J.S.C.

This case presents novel questions about the meaning of a price escalator clause in a contract to build a home. Defendant Ceran is a mass residential builder. It has developed Hidden Lake, a community of single homes, rental apartments and attached townhouses in North Brunswick, New Jersey. Plaintiffs Robert and Dinah G. Einhorn became interested, in the fall of 1978, in the purchase of one of the 220 planned townhouses. After they selected the model...

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