Location

Equestrian Manor in a Suburban Setting

Harding Twp. / New Vernon, NJ

Auction Date & Time

Friday, June 1, 2018 at 7:00pm (ET)

Registered bidders only. Contact Platinum for registration information.

Note: The original Auction date of March 27th has been rescheduled due to the recent bout of unprecedented weather in NJ.

Property Specs

Main Residence

6 BD / 7 BA / 3 Half BA

+/- 5,388 sf main living level;
+/- 5,595 sf upper living level (plus 2,687 sf of “finished” attic);
+/- 4,920 sf “finished” lower level

Pool House

1 BA; +/- 1,040 sf

Barn

6 stalls; +/- 1,835 sf

Built: 1992 / Renovated: 2015

Lot Size: +/- 10.23 acres

Property Previews

Beginning May 14th, Property Previews will be held from 12-4pm (ET) daily, until the Auction date.

Inquiries? 800.674.3325

Access the Document Portal & Bidder's Brochure!

Access the Document Portal to view the Bidder’s Brochure, in addition to important Auction and Property documents such as property disclosures, site plans, and more.

The Property

PREVIOUSLY OFFERED FOR $8 MILLION. NOW SELLING WITHOUT RESERVE! Though nestled within the neatly groomed, affluent suburbs of New Vernon, New Jersey, this handsome estate offers more than 10 acres of grounds and a host of equestrian amenities (including access to miles of riding trails). Situated on a quiet cul-de-sac, the Property offers views of the suburban landscape and surrounding pastures. Structures include a tri-level main residence, separate pool house with in-ground pool, and a 6-stall barn.

The main residence offers 6 bedrooms, 7 full and 3 half baths, while the pool house adds another full bath. Living spaces total more than 12,000 sf (with approximately 11,000 sf in the main residence and 1,040 sf in the pool house). There is also an additional 2,600 sf of finished attic space, in addition to a finished lower level totaling more than 4,900 sf (ready to be upgraded into the ultimate man cave!).

Finishes include brick exteriors, oak wood moldings and flooring, and mahogany paneling throughout. Beneath its exterior, the Property includes robust structural features that are not typically found in residential real estate – from TJI floor joists to Pella premium windows – and even a generator able to power the entire home.

The residence’s common living areas and bedrooms are generously proportioned, with the center of the home occupied by a two-story great room with a full wet bar and access to the rear patio. A gourmet kitchen with professional-grade appliances (including a 60-inch gas cooking range), a cozy breakfast area, and a gentlemen’s study are also located on the main level. Bedrooms are on the upper level, and include three “standard” bedrooms with en-suite baths, a vast master suite complete with a sitting room and office, and a large wing for in-laws/guests/domestics, that includes two bedrooms, a shared bath and an office.

Additional, unique features include a pine-paneled yoga/fitness room and a temperature-controlled wine closet with storage for over 1,000 bottles.

 

The recently renovated pool house is complete with a large living area, full kitchen and a full bath. Nearby is the 6-stall barn, which offers nearly 1,900 sf, and includes a washroom, tack room and large hayloft. The peaceful bridle trails are within only a moment’s hack!

Due to the Property’s partial Farmland Assessment, it enjoys substantially reduced property taxes. Information on this assessment, along with a collection of other important documents regarding this exciting luxury auction® opportunity, can be found in the online Document Portal.

The Community

NEW VERNON, NJ. Ranked 55 out of 500 on the 2017 Forbes list of “America’s Most Expensive Zip Codes,” the exclusive hamlet of New Vernon is an enticing combination of suburban conveniences and pastoral landscapes situated only 40 miles from New York City. An unincorporated community within Harding Township, it is the seat of local governmental offices and a destination for equestrian enthusiasts who want horse property amenities while having easy access to the Manhattan, Newark and Philadelphia.

Rolling pastures and miles of bridle trails maintained by the Harding Township / Green Village Bridle Path Association traverse New Vernon, and many residents keep horses on their farmland-assessed acreage.

Much of what is now known as New Vernon began as an agricultural community in the 1700’s, and the area was largely untouched by colonial turnpikes, canals, and railways of later years. Wealthy residents of Newark and Manhattan began moving to the area to escape the hectic urban lifestyle, and in 1928 they established the New Vernon Neighborhood Restrictive Agreement. This voluntary covenant placed restrictions on the land that requires future owners to preserve the rural nature of the area. These regulations influenced the zoning codes that have preserved the landscape to the present day.

The Location

MORRIS COUNTY, NJ. Located within the New York Metropolitan area, Morris County is New Jersey’s tenth-most populous county, with a population of nearly 500,000 as of the most recent U.S. Census. Boasting one of the highest per capita incomes in New Jersey and the third-highest median household income in America, Morris County was also honored by Forbes in 2009 as the sixth-best place to raise a family in the nation.

Its residents enjoy not only their proximity to New York City, but also the area’s many parks, farmer’s markets and kid-friendly museums. There are also four county golf courses and many more public and private courses and clubs throughout the county.

Thirty-three Fortune 500 Companies have their headquarters, offices, or a major facility in Morris County, including industry giants like AT&T, Honeywell, Colgate-Palmolive, Pfizer, and Johnson & Johnson. Other major employers include Novartis, Atlantic Health System, Saint Clare’s Hospital Inc., and the Avis-Budget Group.

Local businesses and residents alike take advantage of Morris County’s low general tax rates. In fact, New Vernon has the lowest general and effective tax rates in the entire county.

Property listed and offered for sale by Kienlen Lattmann Sotheby’s International Realty (Lic#0903100). Listing Agents Berly Teele (Lic#0559674) and Lisa Geoffroy (Lic#1539382). Platinum Luxury Auctions LLC is a registered Foreign Limited Liability Company with the state of New Jersey (ID#0450234983) performing auction and auction-marketing services as part of this transaction, and is not performing any real estate brokerage services where prohibited. Sotheby’s International Realty, the Sotheby’s International Realty logo and affiliate logos are registered (or unregistered) service marks used with permission. Neither Sotheby’s, Sotheby’s International Realty Affiliates LLC, nor any of their affiliated companies is providing any product or service in connection with this event other than as required by applicable law. Bid calling by New Jersey Auctioneer Alfred J. Finocchiaro (Lic#9486638).

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