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Monday, dec 16
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45°
Monday, dec 16
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Paramount Realty USA
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…