Posted on Sep 1, 2021

Mansion, once asking $39 million, sells for $4.6 million. Here's what happened

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Story of New Jersey mansion that sold for similar price over 20 years later after original sale instead of appreciating. Elaborate and ornate, but its space had high property tax and structure needed renovation.

Mansion, once asking $39 million, sells for $4.6 million. Here's what happened

Posted from cnbc.com

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Englewood

Real estate Header

Housing

Posted 3 y ago

Responses: 2

LT Brad McInnis

Posted 3 y ago

I read this a couple of days ago. Sounded like the "board" was holding out for the highest price, meanwhile the reconstruction prices kept climbing.

(1)

Comment

(0)

SPC Michael Oles SR

Posted 3 y ago

Need to clean up the slums

(1)

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(0)

PFC David Foster

3 y

They might have room for all of NYCs slums... good idea!

(1)

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Mansion, once asking $39 million, sells for $4.6 million. Here's what happened

Mansion, once asking $39 million, sells for $4.6 million. Here's what happened

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