We’ve all heard about how overheated the New Jersey real estate market has been this year, so here’s a rarity: a house whose list price has actually been reduced.

OK, “reduced” is relative as the mansion still carries a hefty price tag of $24.9 million, marked down from $27.5. Must be a motivated seller.

All right, so what do you get for that kind of money? From the Zillow listing:

"A French-inspired mansion custom-built by an internationally renowned developer. Enter through two extravagant cast-iron gates and down an extended tree-lined driveway to a detailed entryway with robust columns and old-world grandeur. The estate boasts 9 bedrooms, 10 full baths, and 2 half baths."

But, wait, there’s more! A gourmet kitchen, dinette, and great room on the first floor, and on the second floor: an impressive primary bedroom awaits with two offices, a massive walk-in closet, primary bath, study, and private gallery.

The lower level has a top-of-the-line gym, wine cellar, home theater, and wet bar.

Take a look inside and out and decide if you want to make a bid.

It’s in Colts Neck and covers a total of 127 acres.

Lisa Poggi and Whitney Didier, Douglas Elliman of NJ LLC via Zillow.
Lisa Poggi and Whitney Didier, Douglas Elliman of NJ LLC via Zillow.
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You don’t really have to worry about nosy neighbors.

Lisa Poggi and Whitney Didier, Douglas Elliman of NJ LLC via Zillow.
Lisa Poggi and Whitney Didier, Douglas Elliman of NJ LLC via Zillow.
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A beautiful tree-lined entrance.

Lisa Poggi and Whitney Didier, Douglas Elliman of NJ LLC via Zillow.
Lisa Poggi and Whitney Didier, Douglas Elliman of NJ LLC via Zillow.
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There’s a saltwater pool in the back.

Lisa Poggi and Whitney Didier, Douglas Elliman of NJ LLC via Zillow.
Lisa Poggi and Whitney Didier, Douglas Elliman of NJ LLC via Zillow.
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That’s a magnificent entranceway.

Lisa Poggi and Whitney Didier, Douglas Elliman of NJ LLC via Zillow.
Lisa Poggi and Whitney Didier, Douglas Elliman of NJ LLC via Zillow.
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The first-floor great room.

Lisa Poggi and Whitney Didier, Douglas Elliman of NJ LLC via Zillow.
Lisa Poggi and Whitney Didier, Douglas Elliman of NJ LLC via Zillow.
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The formal dining room.

Lisa Poggi and Whitney Didier, Douglas Elliman of NJ LLC via Zillow.
Lisa Poggi and Whitney Didier, Douglas Elliman of NJ LLC via Zillow.
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The dinette.

Lisa Poggi and Whitney Didier, Douglas Elliman of NJ LLC via Zillow.
Lisa Poggi and Whitney Didier, Douglas Elliman of NJ LLC via Zillow.
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The chef’s kitchen.

Lisa Poggi and Whitney Didier, Douglas Elliman of NJ LLC via Zillow.
Lisa Poggi and Whitney Didier, Douglas Elliman of NJ LLC via Zillow.
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The second-floor sitting room.

Lisa Poggi and Whitney Didier, Douglas Elliman of NJ LLC via Zillow.
Lisa Poggi and Whitney Didier, Douglas Elliman of NJ LLC via Zillow.
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The main bathroom with spa shower and jacuzzi.

Lisa Poggi and Whitney Didier, Douglas Elliman of NJ LLC via Zillow.
Lisa Poggi and Whitney Didier, Douglas Elliman of NJ LLC via Zillow.
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The spacious master bedroom.

Lisa Poggi and Whitney Didier, Douglas Elliman of NJ LLC via Zillow.
Lisa Poggi and Whitney Didier, Douglas Elliman of NJ LLC via Zillow.
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That’s quite a home office.

Lisa Poggi and Whitney Didier, Douglas Elliman of NJ LLC via Zillow.
Lisa Poggi and Whitney Didier, Douglas Elliman of NJ LLC via Zillow.
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A gym with exercise equipment

Lisa Poggi and Whitney Didier, Douglas Elliman of NJ LLC via Zillow.
Lisa Poggi and Whitney Didier, Douglas Elliman of NJ LLC via Zillow.
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The pro-quality gym on the lower level.

Lisa Poggi and Whitney Didier, Douglas Elliman of NJ LLC via Zillow.
Lisa Poggi and Whitney Didier, Douglas Elliman of NJ LLC via Zillow.
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There are 14 acres of pasture.

Lisa Poggi and Whitney Didier, Douglas Elliman of NJ LLC via Zillow.
Lisa Poggi and Whitney Didier, Douglas Elliman of NJ LLC via Zillow.
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Of course, it has a barn for your horses.

Your estimated property taxes are over $40,000 a year. With 20% down, your monthly payment would be $130.679. Go for it.

Opinions expressed in the post above are those of New Jersey 101.5 talk show host Bill Doyle only.

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