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Business Details
48 Years
experience
Your Trusted Partner for Urban Real Estate Solutions
Paramount Assets is a family-owned urban real estate investment firm with over four decades of experience in repurposing and revitalizing properties. Since our founding in 1978, we have specialized in transforming vacant buildings into functional residential, commercial, retail, and industrial spaces tailored to meet client needs. Our vertically integrated approach ensures comprehensive support from initial consultation through construction and delivery of finished spaces.

With a 95% occupancy rate across our properties in the tri-state area, we prioritize long-term client relationships and community impact. Our team of seasoned professionals delivers personalized service for leasing, property management, maintenance, and construction projects. We remain committed to our founding principles of quality, integrity, and dedication to urban communities while adapting to modern real estate demands.
Services
Residential Leasing Commercial Leasing Property Management Construction & Renovation Retail Space Leasing Warehouse & Distribution Leasing Office Space Leasing Affordable Housing Tenant Portal Services Space Planning
Details
  • Year established: 1978
Highlights and features
  • We have over 40 years of experience in urban real estate development.
  • Our full-service approach covers every stage from consultation to construction.
  • We maintain a 95% occupancy rate across all properties.
  • Our team provides personalized guidance throughout the leasing process.
  • We specialize in revitalizing urban communities with affordable housing solutions.
Services
Residential Leasing
We specialize in leasing residential apartments across New Jersey, offering modern living spaces in revitalized urban buildings. Our properties combine historical charm with contemporary amenities to meet diverse housing needs. With a focus on affordability and community impact, we ensure tenants enjoy well-maintained environments that enhance quality of life.
Commercial Leasing
Our commercial leasing services provide businesses with retail, office, and warehouse spaces tailored to operational requirements. We offer flexible solutions for companies seeking prime urban locations with easy customer access. From small storefronts to large distribution centers, our properties support long-term business growth and market visibility.
Property Management
We deliver comprehensive property management services, ensuring optimal performance of residential and commercial assets. Our team handles maintenance, tenant relations, and operational efficiency to maximize property value. With dedicated staff and proven systems, we maintain a 95% occupancy rate across our managed properties.
Construction & Renovation
Our construction division specializes in repurposing vacant buildings into functional residential and commercial spaces. We provide architectural design, space planning, and build-out services to meet client specifications. By preserving historical elements while integrating modern amenities, we create sustainable urban environments that serve community needs.
Affordable Housing
We develop and manage affordable housing solutions that address urban living challenges while maintaining quality standards. Our initiatives focus on revitalizing neglected neighborhoods through cost-effective residential units. By balancing profitability with social responsibility, we create accessible housing options that strengthen local communities.
People
Richard Dunn
Senior Vice President
Richard Dunn oversees strategic operations and business development at Paramount Assets, leveraging decades of experience in urban real estate to drive growth and client satisfaction.
Howard Berman
General Counsel
Howard Berman provides legal expertise and compliance guidance for Paramount Assets' real estate transactions and development projects, ensuring adherence to regulatory standards across all operations.
Jeffrey Goldstein
Chief Financial Officer
Jeffrey Goldstein manages financial strategy and resource allocation for Paramount Assets, maintaining fiscal discipline while supporting expansion and community-focused real estate initiatives.
Joseph Alesso
Director of Development
Joseph Alesso leads property development efforts, transforming underutilized urban spaces into functional residential and commercial assets that align with market demands and community needs.
Samir Guzman
Director of Leasing & Marketing
Samir Guzman drives leasing strategies and marketing initiatives, connecting clients with optimal residential and commercial spaces while expanding Paramount Assets' market presence.
Questions
What types of properties does Paramount Assets manage?
We manage residential apartments, commercial offices, retail spaces, warehouses, and distribution centers across New Jersey and the tri-state area.
How does Paramount Assets support tenant needs?
Our tenant portal enables effortless rent payments and maintenance requests, while our property management team provides personalized support for all resident concerns.
Can Paramount assist with custom property renovations?
Yes, our construction division offers build-out, architectural design, and space planning services to tailor properties to specific business requirements.
What areas does Paramount Assets serve?
We operate in Newark, Elizabeth, Paterson, Plainfield, Orange, Irvington, Perth Amboy, and surrounding regions within the tri-state area.
How does Paramount contribute to urban communities?
We revitalize neglected neighborhoods by converting vacant buildings into affordable housing and functional commercial spaces that stimulate local economies.