The top 100 Most Expensive ZIP Codes in US by Forbes in 2013 – Rank no. 8 – 07620, Alpine, NJ
07620, Alpine, NJ
Median Home Price: $5,745,038
Average Days On Market: 207
Number Of Homes On The Market: 35
$56 Million – Stone Mansion at Frick Estate
07620, Alpine, NJ
Home: Stone Mansion at Frick Estate
List Price: $56 Million
Listed With: Prudential Douglas Elliman
AN AMERICAN MASTERPIECE – MICHAEL GROSS, AUTHOR OF 740 PARK. ON THE ONLY GATED ST. IN NORTHERN NJ, NEVER BEFORE HAS A HOME OF THIS GRANDEUR, QUALITY, TECHNOLOGY, IN THE NATIONS WEALTHIEST ZIP CODE (FORBES ’11)8 MILES TO NEW YORK CITY BEEN AVAIL. 30,000 SQ.FT. RECEPTION ROOMS OF GRAND SCALE PROPORTIONS. RARE WOODS, STONE, MARBLE & 12′ HIGH CEILINGS THROUGHOUT. POOL HOUSE W/KITCHEN& 2BTHS,A 65’POOL,& TENNIS COURT. HEATED DRIVEWAY& GATED MOTOR COURT. GENERATOR, FIRE suppression SYSTEM,& THE MOST ADVANCED SECURITY SYSTEM. SMART HOUSE WHICH CAN BE OPERATED ANYWHERE IN THE WORLD FROM AN IPHONE. NOTHING LIKE IT. BROCHURE AVAILABLE.
|Lot Size||0.00 Acres|
|– Full Baths:||19|
|Subdivision||2 – ALPINE|
|Heating||Gas, Hot Water, Radiant|
Luxury is indeed quite an addictive virtue that once you get hooked too, there is seldom any turning back. Luxury homes represent the very elite of class and panache that play a vital role in defining your taste for exclusivity. One of the most exclusive and prestigious zip codes in Alpine, New Jersey, 07620 is now in the spotlight yet again for as a magnificent real estate has now been made available for purchase. The Stone Mansion at the Frick Estate has now been re-listed for sale carrying a massive price tag of $53 million. This particular upscale zip code Alpine region is best renowned for its increasing number of luxury homes for sale and the mansion in question is wrapped around with the 60 acre Frick Estate, offering the owners utmost privacy and a class unparalleled. The Alpine region is one of the most flourishing locations in terms luxury real estate, where in the median home price for this zip code begins from $4.5 million.
The Stone Mansion is sprawled across 30,000 square feet of prime land and has been designed by the renowned architect, James Paragano. This gorgeous, behemoth of a mansion features 12 spacious bedrooms and even comes with seven fireplaces to keep the occupants warm and cozy. The private study of the Stone Mansion features a 30-foot arched ceiling and this luxury mansion comes with its own separate grand ball room, a conservatory and a plethora of living as well as dining areas. The owner of the Stone Mansion can accommodate his or her guests in a separate guest wing, while the staff of the mansion have their own staff quarters. This magnificent residence carries exquisite chandeliers worth an astounding $2 million, while the mansion features some of the most entertaining and relaxing amenities, such as a professional basketball court, movie theater, refrigerated wine cellar, fitness center and even an elevator. On the outside, the Stone Mansion comes with heated pool & spa, tennis courts and a massive garage capable of accommodating up to eleven luxury cars.
Designed as the ultimate home and built for many generations to come, The Stone Mansion is neither ostentatious nor shy. At 30,000 square feet on five floors, built of solid granite and steel infrastructure, with 12 bedrooms, 19 bathrooms, indoor basketball court, movie theatre, 11-car garages, 4000-bottle wine cellar, elevator, extraordinary finish details, ultimate privacy and security, and construction specifications rarely seen outside of commercial construction many times its size, this is a magnificent structure that doesn’t forget it’s a home first.
The Stone Mansion is situated on the fabulous former Frick estate in historic Alpine, New Jersey – a community just eight miles from New York City known for its tranquil setting and power-broking residents.
Michael Gross, real estate aficionado and author of the bestselling 740 Park has proclaimed The Stone Mansion
“An American Masterpiece”.
Going Inside Alpine’s Relisted $56 Million Stone Mansion
The Stone Mansion at Frick Estate
In 2010, Forbes took an exclusive tour of the Stone Mansion in Alpine, N.J. Listed at the time for $68 million, it was one of America’s most expensive homes for sale. Two years and several price changes later, the unsold home is back on the sale block with a new marketing team and a $56 million price tag.
“We are confident that the market for significant properties such as 18 Frick Drive is extremely active,” says Oren Alexander, the new exclusive marketer of the property and a co-founder of the Alexander Group at Prudential Douglas Elliman.
Alexander is employing a new marketing angle for the opulent spec home. The Stone Mansion property itself is offered with six acres for $56 million – an asking price that has accompanied the property since 2011. But for an additional $12 million, the adjacent six acre parcel can be included. For an additional $39 million, another 20-acre parcel with the 10,000-square foot historic mansion can be included as well.
In other words, a wealthy buyer can now have two mansions spread across 32 acres for a staggering $107 million.
Publicity play? Perhaps. But it joins a growing list of massive multi-million dollar estates scattered across the U.S. being offered this way. In Aspen, for example, the 70-acre, multi-home Jigsaw Ranch can purchased in total for $47.5 million or separately in two parcels priced at $19.95 million and $33.5 million. In Montana, the Orfalea family’s Grizzly Creek Ranch is available for $25 million; a second parcel cane be had for an additional $3 million. In New York City’s building Superior Ink, the entire 14th floor, comprised of three condo units, is listed altogether for $33.95 million or as separate units.
The Stone Mansion’s owner is Richard Kurtz, chief executive of Kamson Corp., an Englewood Cliffs, N.J.-based real estate investment company. Kurtz purchased Alpine’s 60-acre Henry Clay Frick estate in 2006 for $58 million. As the housing bubble continued to inflate, he subdivided, developed and in some cases sold, pieces of the historic estate.
The Stone Mansion parcel was originally intended for personal use. As the floor plan and list of outrageous amenities ballooned during construction, however, Kurtz and his wife decided it outsized their needs. “It’s just too big for us. We would have to use cell phones just to find each other!” he jokingly admitted to FORBES in 2010. It came to market.
The newly finished manse spans 30,000-square feet that includes 12 bedrooms, 19 bathrooms, a ballroom with wet bar and coat check closet, and a subterranean basketball court equipped with scoreboards and locker rooms. There’s even a sports lounge with a bar capable of serving beer on tap. The four-level home took more than three years to build with a 60-person crew.
Contributing to the lofty price tags is locale. Located eight miles outside of Manhattan, the tony town regularly lands in the top five on FORBES’ annual list of America’s Most Expensive ZIP Codes. It’s not unusual for GPS systems to scramble in the 07620 postal code, where address markers can be hard to come by. The close proximity to New York City and the privacy have made it a sought after destination for high profile celebrities including Sean “Diddy” Combs, Stevie Wonder, and Britney Spears.
The Stone Mansion at Frick Estate
Though two years old, little has changed inside the Stone Mansion itself since FORBES first visited with a camera crew — except, of course, the price tag. The rooms remain unfurnished and the driveway remains hard to find without printed directions.