“Our goal is to provide high-quality multifamily developments while minimizing risk and maximizing return on investment.”
The story of the steady rise of the Value Companies to its present position as one of America’s leading real estate development, management and investment firms is a reflection of its name. During a history that spans six decades, this Northern New Jersey-based firm has consistently added value to every aspect of its burgeoning operation.
“Business scale and integration have been key to our strong record of success,” notes Andrew Abramson, President and CEO of the family-run company founded by his father, Harold, in 1952. “Our multi-disciplinary team approach enables us to envision a broad range of real estate possibilities. Then, we have the in-house skills and experience to realize these possibilities. It is a philosophy that has stood us in good stead over the years.”
Harold Abramson began by focusing predominantly on building single-family homes in key suburban locations in the Garden State. In the 1960s, he turned his attention to the multi-family sector and the development and acquisition of rental communities. His vision and forward thinking resulted in an expansion of business throughout New Jersey and well outside the state. Today, the Value Companies boasts a portfolio of over 3,600 apartment homes in New Jersey, New York, Pennsylvania, and Texas—all of which the company still manages.
“We combine thoughtful design, efficient engineering, community-based planning, quality construction and sophisticated sales, leasing and marketing to achieve our self-imposed high standards of performance,” Andrew Abramson points out. “Our goal is to provide high-quality multifamily developments while minimizing risk and maximizing return on investment.”
The Value Companies has recently embarked on $50 million in new apartment, developments in strategic locations throughout New Jersey and New York region.
One such development is The Point at Sutton Hill in the Orange County, New York city of Middletown. Value has also kept a keen eye on development opportunities in its home stare. Recent success stories include 140 Mayhill, an upscale rental community in New Jerseys Bergen County Saddle Brook Township, which was completely leased up just nine months after opening in 2009.
In addition to its development initiatives, the company has found great success on the management front through its Value Asset Management (VAM) division, which provides fee-based management capabilities and customized asset solutions to third party real estate investments
and property owners. VAM adds value by deploying an efficient operating platform, coupled with highly skilled personnel to maximize long-term investment potential of every client’s projects.
One example is Dorchester Manor, a rental community in the Bergen County, New Jersey Town of New Milford, which is now one of the region’s best-performing assets and apartment communities and one of the best managed properties thanks to the efforts of Value Asset Management (VAM).
With a steadfast commitment and expertise in multifamily housing and its ability to introduce new housing products that address consumer and community needs, Value Companies is poised for extensive development success, growth and expansion in the years ahead.
A perfect gateway into its milestone 60-year anniversary, in 2011 Value Companies, Inc. was crowned with the prestigious “Management Company of the Year Award” by the New Jersey Apartment Association.
Andrew Abramson Value Companies, Inc.
1122 Clifton Avenue Clifton, NJ 07013
Tel: (973) 473-2800