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

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The 32,507-square-foot Saddle River estate with ballroom designed by
Antonio Rinaldi to garner global interest during June auction

NEW YORK–(BUSINESS WIRE)–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.

“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.

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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.

For more information, visit ConciergeAuctions.com or
call +1.212.202.2940.

Contacts

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Kari Neering [email protected]
David
Gautschy [email protected]
(212)
257-1500


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