Will it ever sell? Probably not.

From Forbes:

New Jersey’s Most Expensive Home is Back on the Market for $48.8 Million

Eight miles from Manhattan, a 30,000-square-foot estate is quietly hidden on six acres in the exclusive neighborhood of Alpine, New Jersey. Home to celebrities, doctors, professional athletes and more, the private Alpine community’s former residents include the likes of Chris Rock, Sean “Diddy” Combs, Stevie Wonder, and Britney Spears.

The 12-bedroom and 19-bathroom Stone Mansion is currently owned by Richard Kurtz, chief executive of Kamson Corporation. The home is listed exclusively with Sharon Kurtz of Sotheby’s Prominent Properties in a marketing partnership with Compass in New York City. Celebrity home staging expert Meridith Baer was brought in to style the mansion before putting the property up for sale. With a client list including Julia Roberts and Christina Aguilera, the home features Baer’s custom upholstery line and purchases from vendors around the world for several rooms, including the living room and master bedroom suite.

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56 Responses to Will it ever sell? Probably not.

  1. Comrade Nom Deplume. Citizen, 2nd Class. says:

    Frist!

  2. Comrade Nom Deplume. Citizen, 2nd Class. says:

    I noticed that people who move to Alpine don’t stay long.

  3. grim says:

    Unless you are talking about celebrities who publicize their every action, I would probably disagree.

    A solid portion of Alpine residents are tied to this area through their businesses or practices, etc. Although the influx of Asian/Russian oligarchs/investors may flip that.

  4. GOP's broken (the good one) says:

    I noticed that your comments have no factual basis

    Comrade Nom Deplume. Citizen, 2nd Class. says:
    June 27, 2016 at 7:14 am
    I noticed that people who move to Alpine don’t stay long.

  5. That’s a dope crib. (You should be able to take that about 4 different ways)

  6. GOP's broken (the good one) says:

    @davidbeckworth

    It’s official—Brexit’s ‘Black Friday’ selloff was the worst ever at $2 trillion

  7. Comrade Nom Deplume. Citizen, 2nd Class. says:

    I noticed that you’re still an insufferable c*nt

    GOP’s broken (the good one) says:
    June 27, 2016 at 7:50 am
    I noticed that your comments have no factual basis

    Comrade Nom Deplume. Citizen, 2nd Class. says:
    June 27, 2016 at 7:14 am
    I noticed that people who move to Alpine don’t stay long.

  8. Comrade Nom Deplume. Citizen, 2nd Class. says:

    [3] grim

    Of course I’m talking about celebrities. Unless you’re Tepper, no one is going to care about the average hedge fund trader who sells their palatial home.

  9. Comrade Nom Deplume. Citizen, 2nd Class. says:

    [6] twitiot

    What do you care?

    Someone who thinks like you clearly doesn’t have much at risk. Besides, people will still want their lattes. Now get back to work.

  10. Juice Box says:

    Latest scuttlebutt down in Monmouth County. JCP&L wants to put in 150 ft tall monopoles with 230-kilovolt transmission lines over the NJ Transit tracks on the North Jersey Coast line.

    They say property values will drop at least 30% if you are line of sight of these things.

    http://www.app.com/story/money/business/consumer/2016/06/08/critics-jcpl-power-line-would-shatter-history/85604518/

  11. D-FENS says:

    Disgraced ex-UN official’s death ‘conveniently timed’

    http://pagesix.com/2016/06/26/disgraced-ex-un-officials-death-conveniently-timed/

    The Clinton’s really are “lucky”.

  12. Anon E. Moose says:

    Nom [9];

    Those of the twitidiot’s ilk just can’t accept that others disagree with the “correct” view of… well, everything, and run their own lives accordingly. As I recently explained to one of his fellow travelers, being wrong is not yet a capital offense; and its a good thing for A-none that’s the case.

  13. sympa et rapide, merci.

  14. Anon E. Moose says:

    Juice [10];

    Trains don’t impact the value but poles will? Sounds to me like train-impacted properties are simply overpriced, prob. because the JCL is grossly underutilized.

  15. Captain Nom Deplume, Besotted Rummy says:

    [13] moose,

    those of the twitiot’s ilk should be ostracized, marginalized, and at the appropriate time, euthanized.

  16. Captain Nom Deplume, Besotted Rummy says:

    And to think, the downfall of American Exceptionalism occurred because of a District of Columbia bar exam grader:

    http://www.msn.com/en-us/news/politics/the-big-failure-that-hillary-kept-secret-for-30-years/ar-AAhB3vN

  17. grim says:

    Hedgies don’t live in Alpine.

  18. Now Spanky be reasonable says:

    Re: #17 HRC gave up after one failure then ended up marrying a fellow lawyer with grand ambitions. Anything else she has achieved since then has been because of her husband. This is a feminist icon? Phooey.

  19. Captain Nom Deplume, Besotted Rummy says:

    [18] grim

    I don’t give a flying f*ck who lives in Alpine

  20. Captain Nom Deplume, Besotted Rummy says:

    [19] spanky

    She certainly is. She has proven that women can rise to the same level as men and be just as much a complete a$$hole in the process.

  21. Now Spanky be reasonable says:

    HRC puts the lie to third-wave feminism.

  22. Anon E. Moose says:

    Nom [21];

    Too true, and the path is open to both sexes. Many men have considerably advanced their career and financial status well beyond their innate talents by simply marrying up. John F. Kerry, for example… twice.

  23. Fast Eddie says:

    My town is doing a property tax assessment. I presume they can assess at just about any dollar amount they want, theoretically. Right? Can they change the tax rate, too? Anyone know how this works? Do I have a cap or can they toss that and change the tax rate?

  24. Anon E. Moose says:

    Nom;

    I can’t imagine there was much purient interest in Ms. Byrd’s nakedness among the Fire Island faithful to cause much of a fuss. They were probably more interested in the men on the pitch over in New Jersey this weekend. I also notice she wasn’t above self-promoting.

  25. Not Fast Eddie says:

    Tax rate is same for everyone. The value assigned is where the sausage is made, and the result vary according to integrity of the township.

    Some are straight up and fair with everyone, this is because their population is usually WASPY, wealthy, knowledgeable and familiar with lawyers, their uses and their costs.

    Others, well….

    A little bird told me that, let’s say Bergenfield – you are part of an ethnic group that loves pasta and runs the town, your values used for taxes are lower. You are an Asian, well they are higher. The little bird told me about Englewood too, you are a certain conservative little hat wearing Saturday’s off crowd – taxes are lower, any one else higher.

  26. Fast Eddie says:

    Not Fast Eddie,

    Thank you very much. :)

  27. Now Spanky be reasonable says:

    Re: 23 John Kerry, like Bill Clinton, married a woman who had more money than he did. But did John use his connections, position, etc. to get Ms. 57 Varieties a seat in the Senate? Did he assign the ketchup lady the responsibility of coming up with a healthcare bill? Did Secretary of State Kerry see to it that his wife ended up the Secretary of Health and Human Services? See where I am going here? As far as I know, Mrs. Kerry has stayed out of political office.

  28. Walking bye says:

    Vacationing in Florida this week. Looks like the bubble is starting up again. Lots of orange groves being cleared for new developemnts.

  29. GOP's broken (the good one) says:

    @BBCBreakingnews

    Ratings agency S&P downgrades UK’s credit rating from AAA to AA with a negative outlook after #Brexit vote

  30. Walking bye says:

    Fast Eddie they will probably send a postcard to schedule an appt with the assessor to do an inspection of the home. Best to hold off on that bathroom Renov until after this is completed .

  31. GOP's broken (the good one) says:

    so how come that was your first comment this morning?

    Captain Nom Deplume, Besotted Rummy says:
    June 27, 2016 at 1:18 pm
    [18] grim

    I don’t give a flying f*ck who lives in Alpine

  32. Fast Eddie says:

    Walking bye,

    They sent the postcard. :) But how would they know if a bathroom was renovated or any interior improvements?

  33. Anon E. Moose says:

    http://hotair.com/archives/2016/06/27/video-the-insane-sacramento-neo-nazianti-fascist-melee/

    Fascists attack Sacramento Neo-Nazi rally and my only regret is that A-none was 3,000 miles away. Can they both lose?

    PS, sure, THIS TIME the cops move in. When its a Trump rally getting busted up, they sit on their hands. Does that mean the cops are Neo-Nazi sympathizers?

  34. Walking bye says:

    They assessor will look at the current condition of the home and base your property value off that. Though in our neck of the woods the land makes up 60% of the value. So in reality the minor upgrades add little to the value. Or maybe my tiling work sucks and the assessor lowered my rate because it reduces the value of the home:(

  35. Juice Box says:

    re# 28 – Mrs. Kerry tried to be first lady in 2004 but was defeated by a pair of flip flops, who knows where we would be here today without those flip flops.

  36. 1987 Condo says:

    Gary, a lot depends on when the last reval was and if you are over or under assessed now and how much land you have and if you have permitted your work.

    My town did a reval aboaut 10 years ago after a 40 year break. 40 years before, land accounted for about 30% of the assessment, after the reval it was about 50%. Those with more land paid more, I paid less.

    I also permitted all my additions. I found out that many folks never did that so new rooms, bathrooms and even entire stories were now added to their assessments.

    Bottom line, my taxes went down by 25%…and I still am paying less than I was paying in 2009. Others saw a pretty big jump but many were underpaying for quite a long time due to unpermitted additions/renovations.

    Good luck!

  37. Fast Eddie says:

    Bottom line, my taxes went down by 25%

    I should be so lucky! Thanks for the information!

  38. joyce says:

    Condo,
    In my opinion, a new addition without a permit is an aggressive move… but a new story?!?! really?

  39. 1987 Condo says:

    #39…yeah, I was a bit peeved when some guy was bragging he did that, I had checked the taxes and saw he had about 1,000 more sq ft than me but his taxes were lower…saw a bunch of inconsistencies but once the reval went through it seemed things were back to equilibrium. (that house saw about a 4k increase..ouch!) But since there is no real ongoing enforcement process…I assume that in 20 years we’ll be back to mass inconsistencies…..

  40. joyce says:

    Gary,
    I can’t give you any advice on this topic, except to say when it comes to assessments you are guilty until proven innocent. For example, if you do not wish for them to come inside and tour your house… they will allegedly assess you at the highest amount compared to your neighborhood. And should you disagree and wish to appeal, the burden of proof is on you of course.

  41. joyce says:

    Remember D-FEN’s post a while back about the guy who appealed someone else’s taxes (or threatened to)? which is evidently permitted under the rules in this state.

    1987 Condo says:
    June 27, 2016 at 4:18 pm
    #39…yeah, I was a bit peeved when some guy was bragging he did that, I had checked the taxes and saw he had about 1,000 more sq ft than me but his taxes were lower…saw a bunch of inconsistencies but once the reval went through it seemed things were back to equilibrium. (that house saw about a 4k increase..ouch!) But since there is no real ongoing enforcement process…I assume that in 20 years we’ll be back to mass inconsistencies…..

  42. Fast Eddie says:

    joyce,

    I already have a scheduled appointment to let them in the house. It sounds like I’m at the mercy of the town and have no alternative. I can’t dwell on the ‘what if’ scenario because I have no control over it.

  43. Juice Box says:

    Eddie knockdown a bedroom wall.

  44. joyce says:

    Can you put a ton of crap in a 2nd/3rd bathroom (make it look like a closet)?

  45. Anon E. Moose says:

    WOMAN KILLED IN NORTHEAST PHILADELPHIA CROSSBOW ATTACK IDENTIFIED

    Clearly it is long past time for common sense crossbow control. I mean, who REALLY needs pointed arrows for target shooting? Obviously the framers could not have had these military grade, 14th century assault weapons in mind when they wrote our constitution.

  46. Walking bye says:

    Moose -hi powered Hilti”s are essential for framers and others in the construction industry. You want framers going back to hammers and nails.

  47. grim says:

    Last time I was in the Wayne Twp building department there was a guy that did an addition, second level, no permits.

    He was in the process of selling and they flagged his CO.

    When he left, they were talking about going after back taxes because it was so egregious. Also making him tear open walls for the rough inspection.

    I knew the sale fell through but never kept up.

  48. D-FENS says:

    Yes, it’s a little known and rarely used rule. If you don’t think someone else is paying enough property taxes, you can file an appeal to have theirs raised.

    The article was great because some guy was so pissed off, he was going to have the assesor’s house reevaluated.

    joyce says:
    June 27, 2016 at 4:21 pm
    Remember D-FEN’s post a while back about the guy who appealed someone else’s taxes (or threatened to)? which is evidently permitted under the rules in this state.

    1987 Condo says:
    June 27, 2016 at 4:18 pm
    #39…yeah, I was a bit peeved when some guy was bragging he did that, I had checked the taxes and saw he had about 1,000 more sq ft than me but his taxes were lower…saw a bunch of inconsistencies but once the reval went through it seemed things were back to equilibrium. (that house saw about a 4k increase..ouch!) But since there is no real ongoing enforcement process…I assume that in 20 years we’ll be back to mass inconsistencies…..

  49. D-FENS says:

    It takes time, patience and balls but it can be done.

    http://www.njherald.com/article/20160503/ARTICLE/305039976

    “They used to say about me that I’m always suing the towns and costing them money, but here I am spending my own money in order to try to bring a higher assessed value to an assessor who’s underassessed and to bring more moneWy to the township — and they won’t even talk to me about a settlement,” he said.

    “A tax appeal is a mechanism to keep the checks and balances on public officials,” he said.

    His advice to other citizens: “If you have a tax assessor, police officer, school superintendent, council member, or other public official who did you wrong, don’t seek revenge. Instead, do a little research to see if they’re paying their fair share of property taxes and if they’re not, help them out.”

  50. grim says:

    Brilliant

  51. Captain Nom Deplume, Besotted Rummy says:

    No reason. But if it ticks you off, that’s good enough.

    GOP’s broken (the good one) says:

    June 27, 2016 at 2:19 pm

    so how come that was your first comment this morning?

    Captain Nom Deplume, Besotted Rummy says:
    June 27, 2016 at 1:18 pm
    [18] grim

    I don’t give a flying f*ck who lives in Alpine

  52. Captain Nom Deplume, Besotted Rummy says:

    [34] moose

    ” THIS TIME the cops move in. When its a Trump rally getting busted up, they sit on their hands. Does that mean the cops are Neo-Nazi sympathizers?”

    I doubt it. When the neo-nazis started fighting back effectively (report is that 6 fascists were stabbed), then the cops moved in.

  53. Fast Eddie – I wouldn’t sweat the reval, just familiarize yourself with the grieve process, the FEMA maps, get a beater car to put in the driveway, don’t have your lawn mowed for a month and practice the JJ grieve-step. I’m sure there will be a lot of grieving after a reval, just make yourself the squeeky wheel. You really only have to do a good job once to get yourself to bottom of the ladder for years and years.

  54. [54] And if you have anything close to a flood, take lots and lots of pictures.

  55. Juice Box says:

    re # 53 – Christmas lights in July, used tire planters, old couch on porch, car on blocks in driveway.

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