Real Estate Development

Woodmont Properties develops a diverse mix of real estate. Portfolio includes world-class residential, commercial and mixed-use properties

By Leslie Permutter

Woodmont Properties was founded in 1963 by Donald Witmondt, and since then, it has continuously set the standard in real estate development. Now a second-generation family owned real estate development company, Woodmont has established a track record of success in real estate development by adhering to a tradition of integrity and placing a high value on long-term relationships.

Under the leadership of Eric Witmondt, the chief executive officer, the company has grown exponentially by expanding the range, sale and locations of development. Consequently, Woodmont is now one of the leading regional real estate developers with a diverse portfolio of both residential and commercial properties.

Eric Withmondt

The company has grown to over 185 team members and has become one of the region’s most active developers. As a self-described “multi-disciplined, vertically integrated” real estate company, Woodmont Properties has the internal resources to develop a property from raw land through completion and financial success. Woodmont is comprised of specialists in acquisitions, entitlements, engineering, construction, legal, finance, sales, leasing, marketing and property management. Witmondt explains: “By controlling the entire process, we are able to have a commitment to excellence which allows us to deliver a superior community to market. We’re led by a dynamic group of highly skilled executives and an extraordinary staff of professional team members, all of whom are fully committed to the thorough and effective completion and management of our development and building projects.” He further notes, “Because Woodmont continues to manage, maintain and lease our properties after construction, we have more accountability and responsibility than most developers; our goodwill and reputation is of paramount importance to us.”

Woodmont Properties has been at the forefront of the movement toward life style oriented luxury apartment communities. Each award winning rental community is strategically located and carefully constructed with the best amenities and superior architectural details. The company is in the process of completing a luxury apartment complex with 120 units directly across from the American Dream Mall.

Since its inception, Woodmont Properties has developed and invested in a diverse mix of real estate throughout New Jersey, New York and Pennsylvania. Today, the company’s extensive portfolio comprises world class residential, commercial and mixed-use properties. In addition to luxury apartments and luxury homes, Woodmont is involved in luxury senior housing, industrial properties, office and retail properties, and the hospitality and recreation business. Recognizing the changing landscape in country club membership, Woodmont has acquired and is repositioning country clubs for golf, banquet facilities and parcel redevelopment.

One of Woodmont’s latest projects is the Fairways at Edgewood in River Vale, New Jersey. Built in conjunction with Toll Brothers, the Fairways at Edgewood is a new community of luxury residences located adjacent to the world-class Edgewood Country Club, including golf club and dining options with membership opportunities.

The company is consistently recognized for its creativity in designing best-in-class luxury homes and luxury apartment communities —a testament to the company’s commitment to excellence. In the past two years, Woodmont has received 50 awards, including the Smart Growth Award from New Jersey Future for Woodmont Metro at Metuchen Station. For the last seven years, Woodmont has also been honored with the “Community of the Year” award from industry associations.

While the company has experienced tremendous growth —in employees, in volume of business and in variety of developments —the company remains true to its roots and its core values. It is still a family owned and led company, which takes great pride in and stands by its work.

The Enclave at Montvale is a Natural Wonder.

Dynamic community maximizes all Bergen County has to offer.

The Enclave at Montvale is a 28-home community, consisting of 20 high-end luxury townhomes and eight single-family custom homes. The community, set on a beautifully wooded 19-acre site in Montvale, is lushly landscaped and is a highly desired neighborhood within a town celebrated for its top schools and amenities.

The community features a grand entryway, gatehouse, and gazebo. The homes vary in size from 3,700 to 4,500 square feet. All homes offer two-car garages, state-of-the art appliances, alarm systems, full basements, and an open floor plan; some models offer a first-floor primary suite and a vaulted sunroom.

With the Enclave at Montvale, Woodmont Properties has designed a dynamic community which is perfectly situated to both amplify the natural resources surrounding it and maximize access to all that Bergen County has to offer.

World class shopping is available nearby at renowned malls such as The Shops at Riverside and Westfield Garden State Plaza, as well as upscale boutiques and unique shops lining picturesque downtowns in villages such as Ridgewood, Westwood, and Englewood. Nearby is Tice’s Corner Marketplace, built upon the former site of Tice Farm, a local landmark, which was a farm and roadside stand founded in 1808. Today, Tice’s Corner offers a mix of fashion, home furnishings, technology and food. Local residents also flock to Shoppes at DePiero’s and Lifetime Fitness, both located in Montvale.

With state parks, county parks, and neighborhood playgrounds, Bergen County offers outdoor activities to all who seek them. There are miles of hiking trails, and cycling clubs abound. Venues like the Bergen PAC in Englewood attract top entertainers for those desiring cultural diversions. The area also provides easy access to New York City, via car, train, or bus, which makes commuting a breeze and enables residents to regularly enjoy the city.

As with all of their properties, Woodmont’s commitment to excellence created a luxury community that is only increasing in desirability and value.