realestate

New Jersey estate once owned by convicted felon listed at $33 million

New Jersey's Crocker Mansion, once seized from a fraudster, relists for $33 million.

M
iles Guo's former Mahwah estate, the priciest home sale in New Jersey in 2021, is back on the market for $33 million. The Crocker Mansion at 675 Ramapo Valley Road was seized by the federal government last year after its owner, Miles Guo, was charged with and found guilty of multiple counts of fraud and conspiracy.

    Built in the early 20th century by railway heir George Crocker, the four-story brick home spans 50,000 square feet on over 12 acres along the Ramapo Mountains. The property boasts an impressive 58 rooms, including 21 bedrooms, 29 bathrooms, a great hall, dining room, library with gold leaf decor, and more. Additional features include a spa, sauna, tennis court, fountains, and an eight-car garage.

    The listing is held by Compass' Diane Cookson, the Fox & Stokes team, and Carl Gambino. If sold at ask, the purchase price would work out to $660 per square foot. The property's asking price far surpasses last year's most expensive sale in New Jersey, which was for $12.75 million.

New Jersey estate owned by felon listed for $33 million.