The 30,000 square foot Stone Mansion estate located at 1 Frick Drive in Alpine, NJ has been re-listed. It was taken off the market a month or so ago after there were a few interested buyers as well as a rumored $32 million offer that got turned down. The massive home is now back on the market at the same asking price as before, $56,000,000. It also changed brokers and is now listed with Preferred Residential & Commercial Realty.

CLICK HERE FOR THE LISTING

  • Daniel

    Oh Lord. Am I the only one who is a little tired of seeing this listed, taken off the market, put back on the market, rejecting an offer, re-listing again, etc. How long will it last before they realize they won’t find someone wanting to pay more than $40 million (rightfully so) for it?




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  • Sam

    To be honest I think its worth every penny in comparison to some of the penthouses I’ve seen listed on here. I think they are realizing that the house is actually worth quite a lot of money and are making sure it goes for the right price.




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  • Chris

    I feel the same way Sam. The house is very well done and worth quite a lot. The price is reasonable in my opinion.




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  • Grrrowler

    I’m also pretty sick of seeing this thing languish on the market. It’s a lovely house, but after a point it has to be conceded that it’s overpriced. i’m beginning to wonder if the owners really want to sell it.

    A thing is worth whatever someone is willing to pay for it. Apparently a couple of interested buyers seem to think that this house is worth about $32,000,000. The owners obviously think it is worth more and it probably is, to them. After so many years on the market, I wish them luck finding someone who agrees with them.




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  • Nightmoves

    If I were a Wall Street guy who worked in the city, I’d offer $40M. Would much rather have this than one of the $50M+ penthouses.




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  • george

    The buyer won’t be a Wall Street guy. It will be some Rapper or same Russian teenager.




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    • Big Dan

      The average “Wall Street Guy” or “rapper” or rich person for that matter, can not afford this. It is a very nice, well-appointed house, but if he really needs to get 56 million to make a profit, they over paid when building. You also do need a Russian billionaire, or some other person that stole their money and doesn’t really have to think about the cost because this is also in NJ, where property taxes are a little bit ridiculous. You can buy a new mansion every year with the money you’ll pay in taxes. The longer this thing stays on the market, the more it becomes harder to get the desired price. If he can 30+, he needs to take it and count his blessings.

      This is an ego trip like Upton Court or whatever its called and while its not crass, there was no need for it price wise. I am sure this house could have been built for 10 million or less. When he bought the land, he should have put a few 5-10 million dollar houses up, sold them off real quick and call it a day. If you are not living in it or the house is pre-sold before you build it, why would you go overboard like this. I wonder what he plans on doing with the rest of the lots now. We know he is not making this mistake again.




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      • george

        The property tax for 2011 was $117,752.00. I realize that is a lot of money, BUT, there is a house in Westchester county NY listed for $7,900,000.00 that the taxes are over $265,000.00 a year.




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        • Daniel

          Bargains. Palm Beach property taxes are some of the worst. Sydell Miller’s tax bill this year is around $963,000. Nelson Peltz is paying over $2 million a year for his compound.




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          • george

            Daniel, after reading those numbers, I have been having chest pains.




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      • Alex

        Apparently, just the stonework on the exterior of this house cost $5m. The antiques (i.e. chandeliers) cost another $2m. Its a 30,000 sq. ft. mansion on 6 acres of land. It must have cost $15-20m including land to build.

        The taxes are a $117k, nothing compared to some surrounding areas, and even less compared to ares of Lond Island this close yo NYC.




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    • Bob

      No, he’s not a rapper, a Russian, or a Wall Street Guy.




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  • tony

    who owns it now? or at least what do they do?




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  • Cem

    As Grrrowler said, a house is only worth what someone is willing to pay for it. They have had multiple parties now willing to pay in the low $30-35 million range. That is what this house is worth.




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  • marc22

    They should have taken the $32M offer. You cant compare a Manhattan penthouse where everything is right outside your door and you can be in your car in seconds with your driver heading downtown to work to a suburban New Jersey location, no matter how nice Alpine is, it is not Manhattan where ads for 90M and 100M apartments now seem to pop up every week. The house is beautiful but holding out for 56M seems ridiculous.




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    • Bob

      The owner can fly to his home by helicopter. He can avoid NYC completely.




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  • Tony

    I think this should sell for about $40 million in the end. I know people think $56 million is a lot but if I was a billionaire i’d be willing to pay close to that amount cause compared to the other cheap and tacky houses in New Jersey this is the best thing going.




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