the staff of the Ridgewood blog
Paramus NJ, a new luxury apartment complex, Vermella Paramus, is set to open by the end of the year, bringing 260 upscale apartments to From Road, next to the Paramus Park Mall. The development, led by Carlstadt-based Russo Development, is part of a growing trend of building residential communities near shopping centers.
Luxury Living at Vermella Paramus
Vermella Paramus will consist of two mixed-use buildings, featuring:
🏡 260 one- and two-bedroom apartments (with an additional 100 units planned in a future phase)
🛍️ 8,000 square feet of onsite retail space
🌳 Proximity to shopping, dining, and entertainment
According to Edward Russo, CEO of Russo Development:
“Paramus is an ideal location, with easy access to transportation and a vibrant community filled with world-class shopping, dining, and entertainment. We are confident that Vermella Paramus will provide an unparalleled living experience for our residents, coupled with the ultimate convenience of the area.”
Prime Location: Next to Paramus Park Mall & Valley Hospital
📍 Located on From Road, the complex will be adjacent to:
✔️ Paramus Park Mall – A major shopping hub with retail, dining, and entertainment options
✔️ The new Valley Hospital – Opened last year, offering top-tier medical facilities
✔️ Office Complexes & Green Spaces – Designed to create a walkable, connected community
Part of a Larger Housing Trend in Paramus
Vermella Paramus joins a wave of new housing projects near malls, including:
🏗️ Garden State Plaza Redevelopment – Adding up to 1,400 apartments, retail, parks, and a hotel
🏗️ Bergen Town Center Expansion – Approved for 426 new housing units
The Paramus Planning Board approved the Vermella Paramus project in December 2023, allowing construction on land north of the mall, replacing about 60,000 square feet of parking outside Macy’s.
Why Vermella Paramus?
🔹 Modern luxury apartments in a highly desirable location
🔹 Walkable access to shopping, dining, and entertainment
🔹 Easy transportation options and proximity to major highways
🔹 Growing trend of mixed-use developments, creating connected communities
When Will Vermella Paramus Open?
The first phase of 260 apartments is expected to open by the end of 2024, with an additional 100 units planned for a later phase.
Stay tuned for more updates on leasing opportunities and retail additions. Would you consider living in a luxury apartment next to a shopping mall? Share your thoughts below!
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It’s not luxury when it’s located next to the very loud GSP, but you’re close to Stew Leonard’s.
The city of Paramus, with all this building of housing, all the extra residence in that town, which is now a little city is turning into a nightmare with traffic, noise, pollution, overloaded schools, the town went from farming to a city, and there is no town to go to, it’s route 17, just wonderful. It’s just a matter of time stores will have to be open seven days a week and some stores will have to be open very late or through the night to keep up. Yes I know someone’s gonna put thumbs down. It’s so awful populated
The area has become so over developed it’s sickening. Long gone are the days of the true meaning of the suburbs. I avoid 17 and 4 at all costs. That being said, now the back roads are clogged up.
I don’t know how to town mayor actually said there’s room for more housing throughout the town. How how come the schools handle it? I could see senior citizen, homes, adult, living facilities, we get it, but holy moly more building gone up by the Paramus Park Mall, not to mention Garden State Plaza, and supposedly this talks putting housing at the sports authority junction on 17 that’s been closed for about five years, they’re just trying to figure out to improve access for traffic, which is understandable . Imagine another few years with all the building that’s going on,traffic holy moly.
The politicians DON’T care. Before you know it, when they start running out of space for these mixed use monstrosities, they’ll allow builders to buy up multiple small homes and plop a mixed use or apartment/condo building right in the middle of a neighborhood zoned for one or two family homes. It’s coming. It’s just a matter of time.
There has not been a decent mayor in Paramus for years. All this new mayor does is go to grand openings and schools and smile alot,he does nothing for senior to lower their taxes or anything else worth while. My gosh when are we going to get a real mayor that actually cares about this town and the residents