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Thursday, nov 28
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Moorestown, NJ
Real Estate
Entrepreneurs Struggling To Sell $27M South 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…
Real Estate
Tech Genius' $5.5M Mansion Hits New Jersey Market
A mansion inspired by Hindu architectural philosophy and once owned by a tech mogul is up for sale in Burlington County. The six-bedroom, 11-bathroom home is listed for $5.5 million and is located on Tom Brown Road in Moorestown, according to a real estate listing from Compass Realty's Melissa Young. The 11,250-square-foot home was designed by Indian American tech mogul Dinesh Desai, the founder of Emtec who died in March, according to his obituary from Wooster Funeral Home. The home is compliant with Vastu, a Hindu system of interior design that intends to create…