The Verizon FIOS Router will work with your Netgear Router.
It can be configured many different ways, here is one way:
Configure Netgear to use a Static address of 192.168.1.2 so that it will not conflict with the Verizon Route on 192.168.1.1
Disable DHCP Server on Netgear
Disable Wireless on Verizon Router
Connect Lan Port 1 of Verizon Router to Lan Port 1 of the Netgear
This will make your Netgear Router operate like a switch and wireless access point. All of the Routing, Firewall, and DHCP will be handled by the Verizon Router.
Here is a FAQ with additional information:
http://www.dslreports.com/faq/verizonfios/3.0_Networking
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