Home prices in New Jersey are certainly among the highest in the nation, but one property stands out as the most expensive currently on the market in the Garden State. Listed for a staggering $28 million, this luxurious estate spans an impressive 25,000 square feet and is situated on 160 acres of land.
Property Details
This magnificent home features:
- Seven bedrooms
- Eight full bathrooms
- Four half-bathrooms
Given its vast space and high-end features, this property offers an opulent lifestyle for potential buyers.
Price Trends
Interestingly, this price tag is notably 7��������ℎ�����∗∗�ℎ���ℎ�������������′��������������ℎ����,�∗∗7millioncheaper∗∗thanthepreviousyear′smostexpensivehouse,a∗∗35 million estate in Bedminster that ultimately failed to sell. That property was initially listed in May 2021 for 28.9�������∗∗,��������������∗∗28.9million∗∗,sawapricecutto∗∗24.9 million in November, and was taken off the market in December 2023.
Despite the fluctuations in the luxury real estate market, this estate was re-listed in June 2024 for $28 million. Listing agents assert that this price reflects the healthy state of the luxury market and the value of enjoying 160 contiguous acres of land.
Architectural Excellence
“The craftsmanship of the home is exquisite,” says Mickey Conlon of Compass, one of the listing agents alongside Tom Postilio. The home’s exterior is clad in Jerusalem limestone, which alone cost $6 million.
“It’s not the cookie-cutter house,” Conlon emphasizes. “The level of quality is impeccable.”
A Legacy Property
The home was custom-built in 2007 for its current owner, who began purchasing the land in 1999, starting with 100 acres and extending the lot to 160 acres over time. Conlon describes it as, “For anybody who wants a tremendous parcel like this, this is a long game monopoly,” indicating the significant investment potential it holds.
Luxurious Amenities
The main residence boasts 22 rooms and features an array of luxurious amenities including:
- A conservatory
- Maid’s quarters
- A lounge with an eight-seat bar
- A movie theater
- A gym
- A 3,500-bottle wine cellar with an adjacent six-seat tasting room
An elevator services all four floors, adding convenience to this opulent living space.
Conclusion
This $28 million home in New Jersey represents the pinnacle of luxury living, featuring exquisite craftsmanship, sprawling land, and a host of sophisticated amenities. For those in the market for a legacy property, this estate is poised to impress and offers a unique opportunity in the New Jersey luxury real estate landscape.
