A New Jersey mansion known as the ‘White House of Englewood’ is on the market for 75% off — here’s a look inside the Roaring ’20s estate just 5 miles from NYC

The

caption
The “White House of Englewood” is on the market for $10 million.
source
The Michelle Pais Group Signature Realty NJ

One of New Jersey’s most expensive homes now is 75% off.

According to a recent New York Post report, the 1920s home that was once listed for $39 million is back on the market with a sticker price of $10 million. The home has experienced several price cuts over the past five years, previously lowered to $24 million, $17 million, and $12 million.

In Englewood, New Jersey, the property is just 5 miles from Manhattan. The eight-bedroom, 14-bath home sits on 5 acres of private property and includes a home theater and a gym, along with several spiral staircases.

The mansion is the latest on a long list of real-estate price cuts this year, including an empty Los Angeles hilltop plot and a Florida vacation home.

Read more: 11 of the most massive real-estate price cuts we’ve seen in the past year, from the 70% discount on Michael Jackson’s ranch to a $350 million price drop on an LA hilltop

Business Insider’s Katie Warren previously reported that people aren’t buying mansions in Greenwich, Connecticut – another wealthy ZIP code not far from Manhattan – and that many millennials, unlike baby boomers, are not interested in owning large homes.

Here’s a look at the Gloria Crest estate.


Known as the Gloria Crest estate, the mansion is in the East Hill neighborhood of Englewood, New Jersey. The town is in Bergen County, one of the richest areas in the state, and is conveniently 5 miles from Manhattan — just across the Hudson River from Washington Heights and a 20-minute drive from Central Park.

source
Google Maps

Source: Zillow, Michelle Pais Group, Google Maps, NJ.com


The mansion, nicknamed the “White House of Englewood,” sits on more than 5 acres of private property, which includes manicured lawns, orchards, gardens, and a small lake.

source
The Michelle Pais Group Signature Realty NJ

Source: Zillow, Michelle Pais Group, New York Post


An iron gate on the grounds opens to reveal a circular driveway …

source
Google Maps

… that leads up to the massive home. A man who said he was Polish royalty commissioned the mansion in 1926. According to the New York Post, it’s been rumored that Joseph Kennedy, President John F. Kennedy’s father, once purchased the home for the actress Gloria Swanson.

source
The Michelle Pais Group Signature Realty NJ

Source: Zillow, Michelle Pais Group, North Jersey Record, New York Post


The foyer is flanked by a double staircase. With marble pillars, gold gilding, and a crystal chandelier, the entryway is a nod to its Roaring ’20s origins.

The

source
The Michelle Pais Group Signature Realty NJ

Source: Zillow, Michelle Pais Group, New York Post


The home has several living rooms, including a sitting area with gray velvet couches and a modern coffee table.

caption
The room features a muted color scheme.
source
The Michelle Pais Group Signature Realty NJ

Source: Zillow, Michelle Pais Group


Each living room is decorated differently. One has a lofted ceiling and a large stone fireplace …

caption
The room provides a rustic feel with stone accents.
source
The Michelle Pais Group Signature Realty NJ

Source: Zillow, Michelle Pais Group


… and another is a classic gold-gilded room updated with animal-print chairs. The entire home is 24,000 square feet.

caption
The room includes two zebra-printed chairs next to two blue couches.
source
The Michelle Pais Group Signature Realty NJ

Source: Zillow, Michelle Pais Group


The mansion features eight bedrooms, including a three-room master suite.

caption
The bedroom includes a spiral staircase.
source
The Michelle Pais Group Signature Realty NJ

Source: Zillow, Michelle Pais Group


Other bedrooms offer room for seating …

source
The Michelle Pais Group Signature Realty NJ

Source: Zillow, Michelle Pais Group


… while others are decorated for young residents.

source
The Michelle Pais Group Signature Realty NJ

Source: Zillow, Michelle Pais Group


The home also includes nine full baths and five half-baths.

caption
The master suite’s bathroom has a marble tub.
source
The Michelle Pais Group Signature Realty NJ

Source: Zillow, Michelle Pais Group


There are additional seating areas and small entertaining spaces, as well as a dining area.

source
The Michelle Pais Group Signature Realty NJ

Source: Zillow, Michelle Pais Group


The dining area is off the chef’s kitchen, which includes a floating island with barstool seating and a stained-glass ceiling.

source
The Michelle Pais Group Signature Realty NJ

Source: Zillow, Michelle Pais Group


Another living room is decorated with wooden accents.

source
The Michelle Pais Group Signature Realty NJ

Source: Zillow, Michelle Pais Group


The living room leads to the pool room …

source
The Michelle Pais Group Signature Realty NJ

Source: Zillow, Michelle Pais Group


… which is near the private bar.

source
The Michelle Pais Group Signature Realty NJ

Source: Zillow, Michelle Pais Group


The mansion also includes a home theater and a personal gym.

source
The Michelle Pais Group Signature Realty NJ

Source: Zillow, Michelle Pais Group


Outside, the mansion features an expansive deck …

source
The Michelle Pais Group Signature Realty NJ

Source: Zillow, Michelle Pais Group


… which leads to the estate’s infinity pool and hot tub.

source
The Michelle Pais Group Signature Realty NJ

Source: Zillow, Michelle Pais Group


The back patio also includes an outdoor sitting area, complete with a sofa and a chair.

source
The Michelle Pais Group Signature Realty NJ

Source: Zillow, Michelle Pais Group