MonGroup Properties, Inc., and its family of independent companies, is a leader in building green urban living communities throughout New Jersey. Two of its properties – 52nd Street Homes and Jaclyn Heights at West New York, are award-winning communities providing green housing choices with modern amenities that are sleek, stylish and reasonably priced.
- Vision: MonGroup Properties wants every American to live in a house that they are proud to call home.
- Mission: MonGroup Properties is on a mission to build sustainable homes at a reasonable price so that every American can live the life of their dreams.
- Purpose: MonGroup wants to provide its stakeholders – residents, employees, contractors, suppliers and the public, with the opportunity to make a sustainable contribution to the community in which they work in or call home.
MonGroup Properties specializes in the development and construction of single-family homes and multifamily communities throughout Morris, Hunterdon, Union, Hudson and Monmouth counties in New Jersey.
The company started in 1985 as D.R. Mon Group, Inc. building high-end luxury single-family homes. In 1995, Dean R. Mon, founder, CEO & president, realized that few builders were building homes that were within the budget of most New Jersey’s families. Living in a new stylish home in a decent neighborhood was out of the reach of the workforce. Many people had to take out mortgages that they could not afford to pay down just to live in a nice home. Dean feared that the American Dream of Homeownership would not be realized or obtainable for most New Jerseyans and decided to do something.
Dean saw this as an opportunity to give back to the community that he calls home. When other builders scaled up and focused on building “McMansions,” Dean scaled down and built stylish, modern, yet modest homes with many desired amenities that were reasonably priced.
Dean rebranded the company as MonGroup Properties, Inc. in 2014 to focus on building communities in urban areas to meet the growing demand for multifamily housing near where residents work and can walk to shopping, dining, and entertainment venues. Today, he is revitalizing neighborhoods throughout New Jersey – bringing much needed housing, jobs and business into communities in desirable locations in Hudson County and on the Jersey Shore. Dean is on a mission to build stylish and sustainable homes at an acceptable price so that every American can live the life of their dreams.
MonGroup is well-recognized by the building trades for the high-quality of its communities. Our most recent project, Jaclyn Heights at West New York received many accolades including: Community of the Year – Rental Community, Community of the Year Mid-Rise/High-Rise, Best Mid-Rise/High-Rise, Best Home, Best Use of Green or LEED Technology in a Public or Private Project and Best Landscaping Design for a Rental Community by the New Jersey Builders Association (NJBA), as well as Best Multi-Family Housing Community For Sale by the Metropolitan Builders and Contractors Association of New Jersey (METRO). MonGroup also received the New Jersey Apartment Association’s (NJAA) Garden State Green Building Award for Jaclyn Heights.
Click here for a representative list of some of the awards MonGroup has received from various trade associations.
Meet Dean R. Mon, CEO & President
“MonGroup’s vision for every American to live in a house that they are proud to call home is more than words to us. It is what we all try to deliver every day in every building and home we construct. ”
Dean R. Mon is chief executive officer (CEO) & president of MonGroup Properties, D.R. Mon Group and its family of independent companies (MonGroup). Well-recognized as a leader in the building industry, Dean serves as the 2018 second vice chairman of the Board of Directors for the National Association of Home Builders (NAHB) and is slated to become its chairman in 2020. Considered an innovator in the building industry, Dean turned his attention to building stylish, modern, yet reasonably priced homes in 1995 when most other builders only offered high-end luxury “McMansions” that were out of the price-range for most families in New Jersey. He is passionate about giving everyone the opportunity to live in a decent home in a good neighborhood that fits their budget.
As an advocate for sustainability, Dean is considered a leader in green building and is focused on building high-quality multifamily communities for residents to live in a healthy environment. He has held numerous leadership positions in builder trade associations at the national, state, and local level throughout his career. Dean has received many awards for his efforts to safeguard the industry and promote the American Dream of Homeownership. Click here for more information on Dean’s impressive career and lifetime of giving back to the building industry and residents of New Jersey.
Meet the Team
Everyone on the MonGroup team shares the company’s vision for all Americans to live in a house that they are proud to call home. Our team is passionate about delivering a high-quality home that is sleek, stylish, functional and sustainable.
Wanessa Vaccaro, CFO & COO
“MonGroup is focused on developing communities in blighted areas that are under-utilized. We build communities that enhance the surrounding area for the benefit of everyone, creating value and providing homes.”
Wanessa Vaccaro, licensed real estate salesperson and certified apartment manager, serves as chief financial officer (CFO) and chief operating officer (COO) of D.R. MonGroup, as well as MonGroup Properties and its family of independent companies. As CFO & COO, she oversees human resources, strategic planning, land acquisition, project management, marketing, sales and operations. Wanessa has an in-depth knowledge of construction financial management. Under her direction, MonGroup has experienced continuous growth despite the Great Recession and downturn in the construction industry. She graduated from Monmouth University magna cum laude with a Bachelor of Science degree in Business Administration (concentration in finance and a minor in Spanish). NJBIZ, the leading business publication in New Jersey, included Wanessa in its 2014 Forty Under 40 class honoring men and women who have been making headlines in their field and who share a commitment to business growth, professional excellence and the community. She represents MonGroup at meetings and conferences hosted by the National Association of Home Builders (NAHB), New Jersey Builders Association (NJBA), and Shore Builders Association of Central New Jersey (SBACNJ). Wanessa serves on the Board of Directors of SBACNJ and is a member of its Young Professional Committee, as well as the Professional Women in Building (PWB).
Itamar De Matos, Construction Manager
“Every builder does his best to build a quality product. MonGroup takes it a step further by focusing on the little touches that truly makes each home special.”
Itamar De Matos, construction manager, is responsible for every aspect of building the developments marketed by MonGroup. This includes scheduling, ordering materials, quality control and ensuring that the construction of each property is completed on time and within or under budget. He has nearly 20 years of experience in single-family and multifamily site development, construction and renovations. Itamar’s hands-on experience as a builder is invaluable to MonGroup.
Karolina Alvarez, Construction Office & Property Manager
“We strive to make your experience buying or renting a MonGroup property as seamless as possible. We want you to absolutely love your home and work towards the best customer experience.”
Karolina Alvarez, construction office & property manager, is a licensed real estate salesperson. She ensures that every homebuyer or renter has a remarkable experience during the purchase or renting process, as well as living in a MonGroup building. Karolina knows the importance of delivering on the company’s brand promise of providing a high quality living space – without exception. With more than 15 years of experience in the field, Karolina serves as the liaison between residents and the MonGroup team. She also administers the MonGroup’s warranty and green building programs. Karolina can be credited for the high-level of customer satisfaction that homebuyers and renters have living at a MonGroup property.
Eleanore Decos, Marketing & Social Media Coordinator
“MonGroup builds communities where residents have plenty of opportunity to interact with each other. By doing so we connect our residents and the community throughout the MonGroup brand, as well as bring awareness of our brand to industry leaders.”
Eleanore Decos, marketing & social media coordinator, designs brand engagement programs, develops sales and marketing collateral, and maintains the company’s online presence through its website and social media channels. Prior to joining MonGroup, Eleanore held several management positions in the retail industry where she was well-recognized for delivering exceptional customer experiences.
MonGroup is the proud member of numerous national, state and local trade associations including the National Association of Home Builders (NAHB), New Jersey Builders Association (NJBA), Metropolitan Builders and Contractors Association of New Jersey (METRO), Shore Builders Association of Central New Jersey (SBACNJ), National Apartment Association (NAA), and New Jersey Apartment Association (NJAA).