Stone Mansion in Alpine, New Jersey is on the market for $50 million dollars ? making it the most expensive home on the market in the state. CNNMoney's Vanessa Yurkevich goes inside.
invest five hundred of it on the market, don't invest the money, do paper buying, in six months if u put continuous effort to understand how the market happens, in a decade you shd be a millionaire with that! :)
maintenance would be ridiculous., I can be barely bothered cleaning my room. imagine cleaning this whole house every month.. and then the gardening. No thanks. you'd need another 50mil to keep this abomination going without it going to shit. Just changing all the light bulbs alone wouldn't be cheap.
That's the funniest shit I ever read.. imagine the owner of a 50 mn dollar mansion scrubbing the floors, dusting the furniture and mowing the lawn😂😂 you'll be your own housekeeper!!
Alpine is a gated community. I lived in the same county and the one thing everyone agreed on is that Alpine is only for the really rich people. The kids in that town all go to a private school. I remember during Halloween, my friends and I would always go to Alpine cause they gave the best things. One house gave mp3 players and this was in 2007! What I'm trying to say here is that, if you can live in Alpine, you can afford maids.
It's a nice house that managed to not look as gaudy as most of the other Jersey mcmansions next to it. It does not look like it's worth 50 million though. Maybe they spent it all on the gold faucets :p
Imagine all the other costs associated with this property! You would have to have a TEAM of gardeners for example. A maintenance TEAM, maid staff, chef and kitchen staff, a general manager or two, etc etc! Oh, and of course, a security TEAM! WOW!
Mike Tayon sounds like a lot of jobs if you ask me....I'd be more worried about the pure amount of resources this kind of excess consumes. In other words, unless they were to make them self sustainable....these are horrible for the environment.
Of crouse, that's the problem with these houses, not enough people rich enough to afford these kinds of houses. Most people would rather rent then buy and think these kinds of houses are just pointless.
Whoever buys this would have to be a billionaire that's outside of the country and looking to park their cash in the U.S. It would cost close to a million a year to maintain a property like this.
You wouldn't believe the no name, not so famous people who have that kind of money especially people from the Auto manufacturing, internet cable T.V. and computer world, These people are worth mega millions then there are the Investors from other countries etc. There's also a lot of old handed down money in California, rich parents pass away, kids inheriting entire fortunes, parents bought their mansions 20 to 30 yrs ago for a million or 2, now today same mansion worth $30 to 40 million. Not counting all of the cash parents had in stocks, bonds etc.
Andre Landry exactly. My dad designed computer systems on Wallstreet and those guys lived in houses like this. All types of famous people would walk in there and people that buy a house like this is more of an investment not live in. We lived in a large house ourselves and when you think about it when you can afford it you buy it. So something like this for someone wealthy isn’t a stretch nor will they have a mortgage lmao
Definitely is a lot of foreign investment in this country, That's why no one would want to hit the States or they would be bombing their own properties, Just like here in Canada lol
RetroGuy76 well people who work in the computer systems dont buy 50 million but its in 2-3 million category like my father then the brokers just but whatever. But if you’re house shopping and you’re looking like something like this i doubt you’re worried about what comes with it you have plenty to waste lol
Biggest lie from the realtor: "less than 30 minutes from downtown Manhattan." That's interesting, because we live in the first town over the GWB in NJ (Fort Lee), and it still takes 15-30 mins on average just to get over the bridge to UPPER Manhattan. Driving up to Alpine from Fort Lee takes another 10 minutes in of itself. Even if you were commuting at 2AM in no traffic, you could "possibly" do it in 45 minutes. During rush hour? Try 1 1/2 hours or more.
Mark Sadowski paramus---> Lincoln tunnel ---> no traffic----> 25 mins to midtown Manhattan. with traffic 45 mins/1hr.... yeah she is exaggerating a bit.
Alpine is definitely not 45 min.-1 1/2 hours from Manhattan. I'm a Native New Yorker who lives in Bergen county, 15 minutes away from Alpine. Geographically, Alpine is 8 miles from NY. You must be in some serious rush hour traffic or taking a different route, if you can't get over the GW from Fort Lee or Alpine, in 45 or more.
No really... People who move to the US don't understand that we have to pay property taxes. I work for local government and we see people who end up in tax foreclosure because they simply don't understand that you have to pay taxes... even if your house is paid for. A lot of dishonest people take advantage of non-english speaking people with this.
What the Henry clay FRICK do you need a house that expensive for in New Jersey? If you have $50 million retire to someplace tropical. No wonder this has been on the market for 5 years!
What kind of person builds a new home to sell for $50MIL in a neighborhood of homes priced so far less?? It's like adding a swimming pool to a ranch house and leaving the kitchen and baths with 1980 fixtures! Nuts! Bet it never sell for that much. Commute in 30 minutes? Sure, by private whirleybird! I must prefer Gloria Crest! It has history, elegance .. and ooo la la ... only $17 million! Why, you could then get matching choppers! ;-)
RetroGuy76 yes people who are call mega rich are the ones who topically buy these homes to use as an asset builder. These are some of the same people who buy ugly modern art for the same reason.
Man I’m speak real shit I had so much money I could of bought me a amazing house (nothing like this) but my point is just be thankful for everything you have in your life and tell your mom and Dad you still love them while they still alive
Who wants to pay 300,000 to 350,000 a year in taxes just to live in a monsterous over sized Castle.? Not me - If I have that type of money I'm moving to Los Angeles baby!
I live in Passaic County and it is expensive as FUCK! (Luckily we don’t have tax on clothing) but still 7% sales tax!!! North Jersey is so crowded and don’t get me started on the traffic here!
For all of you saying he has a "fake British" accent, this is how English South Africans speak, it's influenced by British English and Afrikaans accents.
To anyone commenting anyone who lives in alpine is a brat or a snob, it's not true. This guy is very rich yes. However I live in alpine as well and it's really nice. Nice people and great schools!
It was built, and has been empty since then listed first at 68million, now listed at 48.880 million, that's a 20million cut. Interestingly enough is that the property has been removed from Zillow on December 31 but is still listed on Sotheby's. the property adjacent to it was also removed from Zillow. Simple fact is; the house is too big.
Isn't "Darlington/Crocker Mansion, in Mahwah, NJ the most expensive house on the market, at 48 million, since this houses price has been lowered considerably?
It is off the market, does not say by who. Whoever it is I doubt they will live there, most likely did a favor for the previous owner and will reinvest it.
Anyone willing to pay more than $500 per square foot of living space for this thing is completely stupid. I don't think it's even worth that much, considering the square footage comps for other mansions in Alpine. It's down to 36M and it's still way too much. The owner will be lucky if anyone pays more than 15M for it. It probably cost around a million bucks a year just to live in that monstrosity.
--- Folks... the sad part here is that everyone watching this video are mainly serfs who dream of getting the right SIX numbers one of these days..... ah yes.... those magical, ever elusive, mysterious numbers... oh God... I will give you 10% if you let me win... make it 15%... oh God... please... what will it take? (you KNOW I will never sell my soul for these luxuries... like, most likely, the owner of this fantastic property already has.................... )
Wow❗ I want that house Now, where in the world am I going to get $50 mil? Wow❗ I want that home I would turn that basketball court into a GRAND MUSIC ROOM or exercise room Wow❗ I want that home
What’s with the special effects to make that woman walk slowly, and that annoying music? That disgusting nonsense gets so old. Th3 house of this price better have gold, why? There are many mansions that cost way more than this mansion that doesn’t have gold.
These "wealthy" people need to know that they shall be held accountable for us living under these deplorable conditions, while they live it up in our wealth. No, you are proprietors of nothing, it's all mine. I didn't allow you to have it because I owe you nothing. Again, no, I don't believe in your infuriating and deceptive "backwards"; unfortunately for both you and me, it was someone else stating what you thought you heard me say.
Placed for sale in 2010 and still on the market. Good news though they dropped the price to 40 million. Almost 10 years on the market. Bet the holding company wishes they never took that task on. 300k a year in taxes + upkeep +operating expenses. They got to be in it for at least 5-8 million. Where are the Russians when you need them?
Will be abandoned soon ! People don’t have time to walking around in that big house and play basketball 🏀 ball ! If you depressed mostly just laying down on the bed all day !
I can't Imagine someone with that kind of money would want to live in high tax corrupted Anti gun restricted state.with shitty wheater 8 months out of the year.. Wrong state to build a 50 million dollar home. People with that kind of money GETS out of NJ!
Difficult to sell because it is huge. High maintenance. Too big to clean. Also high property tax and insurance. Unless of course you make multi millions a year.
It would be placed better as a hospital. Make it a lying-in Hospital for birth only. Then you can expand the other hospitals for critical care. It's a disgusting waste of time and money
No wonder no one can afford that house the taxes are insane it doesn't matter if they sell the house for 50 dollars the average person or even celebrity can't afford 300,000 a year on a house. No matter how much you sell it for the house is valued above the sale price so you will pay 50,000,000 dollar taxes on a house you paid 50 dollars for it's outrageous
why wouldn't ten or so families, friends, or individuals buy this place and share it? if i had a bunch of rich friends, i would put together a party scene!
The reason why nobody wants it is because 1 it's in New Jersey what celebrity or entrepreneur would want to live there? 2 it's to big what would you do with all that space and not to mention you would have to have a full time maintence man on duty minus well just let him live there for free and pay him a salary of 40k.
@@euenfheiejrjIt's always the people who don't know trying to tell people what's going on in Jersey, but we know better. That's exactly why celebrities live there.
yeah mean but what about Little people like us we may not be able to afford a big home or or anything like that but we are I'm just looking for a place to lay my head
