Oh boy

lolololololololololololololol new jersey hangs up the phone

No, no they don't...............

But the Habs trade the #1 overall to the Leafs for Muzzin, Holl, Abruzzese, Hollowell and the Leafs first............

what

Look at this

Devils offer PK Subban, Nolan Foote, Ethan Edwards, Graeme Clarke, and 2nd round pick for 1st overall

There's no chance this happens.

If the Devils trade the pick, they'll ask for either Caufield or Suzuki in return, which is not happening.

Let say, for the sake of the discussion, that there would be a way to get the 2nd overall without including of of these 2.

It starts with either the 1st round of Calgary or the 1st of Florida (next year)... If not both.
You then need to add your best prospect, which currently would be Guhle.
To that, you need to probably add 1 the following top prospect/young player:
Farrell, Barron, Romanov
As well as 1 of the following lower prospect/young player:
Ylonen, Harris, Norlinder, Primeau, Kidney, Roy, Mailloux, Struble
You'd also need to add a roster player that can help them right now out of the following:
Evans, Rem Pitlick, Poehling.
If you want to send them a higher salaried player like Anderson or Petry (I really doubt they'd entertain Drouin, Hoffman or Armia) instead of Evans/Pitlick/Poehling, you probably have to throw in an extra pick to make them take it.

And, even then, I'm not even sure that would be enough as I really doubt they entertain it without including Caufield/Suzuki.

Tuch as little to no value.
Petry isn't worth much to them as they aren't in a position to win now so you'd have to pay them to take his salary (you won't have to do that if you trade him to a contender).
Ylonen and Struble aren't enough high prospect to move you from 25-ish to 2nd overall.

Without higher prospect like Guhle + 1 of Barron/Farrell/Romanov included, there's not even going to be a discussion IMO.