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Real Estate
$12.5M Bayfront Beauty: NJ Beach Estate Has 5-Stop Elevator, Rooftop Deck $12.5M Bayfront Beauty: NJ Beach Estate Has 5-Stop Elevator, Rooftop Deck
$12.5M Bayfront Beauty: NJ Beach Estate Has 5-Stop Elevator, Rooftop Deck If paradise were an address, it would be 11605 Paradise Drive. Listed at a jaw-dropping $12.495 million, this Stone Harbor estate is a boater’s dream, a beach lover’s haven, and an entertainer’s playground. Located on Paradise Bay, this 6-bedroom, 6-bathroom masterpiece blends modern luxury with seaside charm, offering 2,000 square feet of deck space to take in the sweeping bayfront sunsets. The first floor is all about comfort and fun. Five custom ensuite bedrooms—including a bunk room—offer space for the whole crew. The family room comes fully stocked with a wet bar, wine fridge, and ice …

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by Cecilia Levine
Real Estate
US Home Sales Plunge To Lowest Level Since 1995: Here's Why US Home Sales Plunge To Lowest Level Since 1995: Here's Why
US Home Sales Plunge To Lowest Level Since 1995: Here's Why Home sales in 2024 tumbled to their lowest level in nearly two decades but the Northeast offered a small glimmer of hope in an otherwise challenging year for the housing market. Existing-home sales dropped to 4.06 million in 2024, the National Association of Realtors (NAR) said in a news release on Friday, Jan. 24. That figure marked the worst year for the US housing market since 1995. The sales drop happened as the median price of a home reached a record high of $407,500, up six percent from 2023. "The median home price was elevated partly due to the upper-end market's relative …

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by Chris Spiker
Real Estate
Red, Blue, And You: New Tool Lets Homebuyers Check Neighbors' Politics Red, Blue, And You: New Tool Lets Homebuyers Check Neighbors' Politics
Red, Blue, And You: New Tool Lets Homebuyers Check Neighbors' Politics Homebuyers are increasingly considering political leanings when choosing neighborhoods, according to a brand-new report.  Real estate agents note that clients prioritize communities aligning with their political views, seeking compatibility beyond traditional factors like schools and safety, the Axios story says. This trend may lead to more politically homogeneous neighborhoods, potentially impacting local governance and community interactions. Additionally, new real estate platforms, such as Oyssey, provide insights into neighborhood political affiliations, further enabling buyers to…

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by Joe Lombardi
Real Estate
Live Like Legends: Muhammad Ali, Kobe Bryant's Family Once Called This Philly Home Theirs Live Like Legends: Muhammad Ali, Kobe Bryant's Family Once Called This Philly Home Theirs
Live Like Legends: Muhammad Ali, Kobe Bryant's Family Once Called This Philly Home Theirs A Philadelphia home steeped in sports history has hit the market, offering potential buyers a unique opportunity to own a property once connected to two legendary athletes. Located at 1835 N. 72nd Street in the Overbrook Park neighborhood, this residence was home to boxing icon Muhammad Ali in the early 1970s and later to the grandparents of NBA superstar Kobe Bryant. In 1970, Muhammad Ali purchased the three-bedroom, two-and-a-half-bathroom house as a personal retreat and training base. During his time there, Ali prepared for significant bouts, including the famed "Fight of the Century" aga…

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by Jillian Pikora
Real Estate
Entrepreneurs Struggling To Sell $27M South Jersey Mansion Prepare To Auction It Off Entrepreneurs Struggling To Sell $27M South Jersey Mansion Prepare To Auction It Off
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…

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by Cecilia Levine
Real Estate
Tech Genius' $5.5M Mansion Hits New Jersey Market Tech Genius' $5.5M Mansion Hits New Jersey Market
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…

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by Chris Spiker
Real Estate
$3.25M Home With Private Airstrip, Indoor Pool Hits Bucks County Market $3.25M Home With Private Airstrip, Indoor Pool Hits Bucks County Market
$3.25M Home With Private Airstrip, Indoor Pool Hits Bucks County Market A sprawling estate in rural Bucks County can be yours for a cool $3.25 million.  305 Elephant Path in Perkasie was listed for sale this week for the first time since 1999, according to its Zillow listing. The realtor is Ben Davies of Century 21 Longacre Realty. Built in 1989, the four-bedroom home features four and a half bathrooms across 7,900 square feet.  Inside, "grand living spaces" accompany a bar, wine storage, and an indoor swimming pool.  Elsewhere on the 15.10-acre lot are a detached three-car garage and a pond with a stream and a bridge. &…

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by Mac Bullock