This 111 Year Old Mansion Is On Sale For Just $10 - But There’s One Huge Catch
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A 111-year-old mansion in New Jersey has been put on the market for a meager $10. What’s more, the owner is even offering the buyer $10,000 to help with the cost of moving. But, as they say, if it seems too good to be true, then it most probably is. In this case, for instance, the generous offer comes with an almighty catch.
The aforementioned house is in the desirable Montclair area of New Jersey. And if the price tag wasn’t enough to entice buyers, surely they’d love its position on a street named Pleasant Avenue? Indeed, its very name makes it sound a lovely place to live.
And it was renowned local architect Dudley S. Van Antwerp who constructed the property in 1906. He set up his own design practice in the early 1900s and was responsible for the architecture of Montclair Wachtung Avenue Congregational Church and the Yacht Club in Bayside, Long Island, among other buildings.
This particular home for sale, however, has six bedrooms and three and a half bathrooms in the main building, with an exterior tennis court and carriage house. The Colonial-style structure covers nearly 4,000 square feet and sits on more than two and a half acres of land.
Given its enticing features, then, it’s perhaps no surprise that the house has a list price of $1.35 million. But that steep sum is nothing out of the ordinary for Montclair. In fact, the area has many homes worth in excess of $1 million.
But perhaps that list price was bolstered by the fact that the house has some historical significance. That’s because famed athlete Aubrey Lewis, the first African American to captain the Notre Dame football team, once lived there. Lewis also would go on to become among the initial group of African American agents in the FBI.
But after Lewis died in 2001, the land on which the mansion is situated was purchased by BNE Real Estate Group. And while BNE originally planned to build eight houses where the current one stands, that idea soon hit a snag.
Why? Well, the real estate firm can’t just rip the house down. When it bought the property, in fact, it agreed to a condition by the Montclair Historic Preservation Commission to save the home and the history it represents.
This all means that the asking price for the building is less than the cost of a trip to the movies. And if $10 for such a large and historically significant property sounds too good to be true, that’s because the price comes with an almighty catch.
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5 сен 2024