NJ has a new highest priced home for sale – and it might look familiar.
The Crocker-McMillin Mansion in Mahwah is back on the market. The 50,000-square-foot home on nearly 12.5 acres is listed for $33 million.
When it most recently sold in December 2021 for $26 million, it was the most expensive home to sell in New Jersey that year.
The buyer was Guo Wengui, who was convicted in July 2024 of nine criminal counts for defrauding investors out of $1 billion that the U.S. government says he used to fund a lavish lifestyle.
Crocker-McMillin Mansion was reportedly seized in connection with the case.
The 58-room home was built between 1903 and 1907 at a cost of about $2 million by George Crocker, a businessman whose father was a railroad magnate. Crocker’s wife, Emma, died while the home was being built and Crocker died two years after it was finished.
It was sold in 1909 to its other namesake, Emerson McMillin, a banker, for $780,000. When he died, it was sold to developers who wanted to make the property into a country club but that venture failed. The estate was sold again in 1926 for $478,000 to the Archdiocese of Newark which moved its Immaculate Conception Seminary from Seton Hall University to the mansion, according to the National Register of Historic Places.
The seminary left in 1984 and the mansion has had a series of private owners since who have restored and updated it.
The last owner built a new guest house with three bedrooms, two bathrooms, a gym and security. And a kitchen was added to the pool cabana, according to Diane Cookson, Fox & Stokes, and Carl Gambino of Compass, the listing agent.
The home is Jacobean style and has a 3,000-square-foot great hall with 30-foot ceilings which houses an original 1906 Aeolian player pipe organ, “one of a few if not the only one left in the U.S.,” Cookson said.
The library has custom art work by muralist James Wall Finn, whose work appears in the New York Public Library and the Payne Whitney Museum.
The home also has a spa with a sauna, lap pool, massage room, steam shower and salon.
The gated home also has 24-hour security with interior and exterior cameras.
“This home would appeal to those who love historical homes, architecture, privacy, and the space,” Cookson said.
The home was listed for sale on Jan. 2. “There actually has been great interest,” she said. “We are getting inquiries and have been actively showing the property.”
Photos from the listing are from when it was for sale in 2021.
Are you an agent, buyer or seller who is active in this changing market? Do you have tips about New Jersey’s real estate market? Unusual listings? Let us know.
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Allison Pries may be reached at apries@njadvancemedia.com.