Paramus real estate new homes for sale and sold by Richard Stabile REMAX real estate associates, Woodcliff Lake, New Jersey. New houses in Paramus Glen,Cosmopolitan
Woods,Justin Estates,Hollybrook Estates and others,pictures, new construction luxury custom new homes.
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RE/MAX REAL ESTATE
WoodCliff Lake New Jersey
201 573 8811 ext 331
new homes by Richard Stabile over year 30 of real state experience.
Paramus Real Estate
REMAX Real Estate Associates 201 573 8811 ext 331
Richard Stabile Mobile 201 819 4541
123 Broadway Woodcliff Lake, New Jersey 07677
Richard Stabile President
Contact us by E-mail
14 new homes
Homes sold on Hollybrook right
5 new homes on Cul-de-sac
Justin Estates and 1 Jolene
New construction, real estate and new
homes for sale, houses in Paramus
Paramus Glen has a bit of history.
The 14 lot sub-division is part of a
much larger parcel. The land has
environmental restraints with wetlands
and flood plain. It is part of about 48
acres. It was once a celery farm for
many years ago.
I got involved after the owner's many
years of litigation with the Paramus
and New Jersey Environmental
Protection. The Owner litigation was
over the ever evolving legislation
regarding environmental restrictions.
After 8 years the issues were resolved
and about 10 acres were developable.
This was a challenging project and was
my second residential land
development. Earlier in my career I
sold homes and many high density
condominium new apartment
developments. When I started this
project I had been doing extensive
commercial development real estate.
The property owner was a Commercial
Investor/Developer client of mine and
bought this property before the
environmental laws were in existence.
As he went for his sub-division
approvals what he thought would be
50 plus lots was no longer the case.
New Jersey put in affect new laws
protecting certain types of land.
This was now late 1980's and the real
estate market was hit with Savings and
Loan crisis. The owner was not a
builder and really wanted to sell to a
builder when we finished the approvals.
Unfortunately, the extensive site work
needed and lack of builders financially
willing to undertake a project at this
time, were virtually non existent.
The bank which he was financed with,
was very anxious to get off the paper
and see it sold.
The owner asked me to do what I could
to get this project sold. I then put
together an Investor and a General
Contractor. With a deposit down, I
made a extensive presentation to the
Owner's bank. The group would buy
the project and the bank would finance
I gave the presentation and while I was
only half way though the Bank
President got up and left the meeting.
I was very discouraged, so I asked the
Bank Vice President what I did wrong.
He said nothing you got the loan, he
heard enough, he likes you, I got the
A few years later, some of the original
people evolved are now with me in
Pascack Hills Properties LLC, my
Hollybrook homes were done with the
same group as I did my first new
homes in River Edge.
Cosmoplitan Woods was 5 new homes
done with a very eclectic group of
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surrounding Bergen County, New
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right choice. 32 years - over 1000