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Concierge Auctions and Engel & Völkers to Sell $29.9 Million New Jersey Estate Without Reserve

A 32,507-square-foot Saddle River residence will sell at auction next month via leading global firm Concierge Auctions. Known as “Stone Palace on the Hill,” the home features a glass elevator, tennis court, racquetball court, wine cellar, and two swimming pools. 144 East Saddle River Road was previously listed for $29.9 million and will sell Without Reserve in cooperation with Alina Pogorelova and Lisa Troyano-Ascolese of Engel & Völkers. Bidding, which will be held via Concierge Auctions’ online marketplace, will open on June 21st and close on June 27.

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“The quality of work and detail that went into building this home is perhaps the most impressive element of the property,” said Troyano-Ascolese. “With astounding details from custom gold-plated and forged-iron railings to a complete hand-cut granite and stone façade, no expense was spared. It is a privilege to represent this one-of-a-kind estate which is truly a work of art.”

The 13-bedroom residence is situated on six acres, with expansive mountain views. Notable architectural highlights include a grand marble staircase with 24-karat gold plated bronze decorations, Botticino Italian marble, hand-painted stained glass from St. Petersburg, and a 2,200-square-foot ballroom with hand-cut inlaid floors designed by famed Italian architect Antonio Rinaldi. The interior comprises 12 full and four half bathrooms, with a banquet-sized formal dining room accommodating up to 22 guests, and a commercial-grade glass elevator servicing all four floors. A sauna, wine cellar, home theater, billiards room, library with hand-painted canvas ceiling, and an indoor swimming pool round out the indoor features. Separately, the estate has a five-bedroom, two-bathroom staff apartment with private entrance.

Outdoor amenities include a resort-style swimming pool, a blue stone patio with Nembro Rosato marble from Italy, racquetball court, tennis court, and a formal garden with waterfall. Year-round activities are easily accessible with multiple golf courses and ski resorts nearby.

This prime location is a convenient 35 minutes to Manhattan, LaGuardia airport, and Newark Liberty International Airport.

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Kari Neering David Gautschy (212) 257-1500

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