Fair 24°
Tag:

Auction

Real Estate
Entrepreneurs Struggling To Sell $25M New Jersey Mansion Prepare To Auction It Off Entrepreneurs Struggling To Sell $25M New Jersey Mansion Prepare To Auction It Off
Entrepreneurs Struggling To Sell $25M New Jersey Mansion Prepare To Auction It Off A massive South Jersey mansion that had been listed for just under $25 million is weeks away from being auctioned off. The home at 2801 Riverton Road in Moorestown was listed for a reserve price of $10 million with Kevin Steiger of Kurfiss Sotheby's International Realty.  The 40,000-square-foot mansion is owned by pharmacological entrepreneurs Calvin and Orsula Knowlton, who had been struggling to find a buyer, Steiger confirms.  The mansion epitomizes opulence with multiple elevators, four floors, six fireplaces, a pub or tavern, a home gym and sauna, pu…

SHARE

by Cecilia Levine