Real Estate
Look Inside $17M Englewood Home Headed To Foreclosure [photos]
The owners of the Gloria Crest estate owe $5 million to TD Bank, according to one report.
ENGLEWOOD, N.J. — One of New Jersey's most expensive homes is in foreclosure.
The 24,000-square-foot, 5-acre Gloria Crest estate is on the market for $17 million, less than half of its original 2013 price of $39 million. It's right by Alicia Keys' Bubble Hill mansion.
The owners defaulted on their mortgage in February 2014 and owe $5 million to TD Bank, NJ.com reported, citing court records.
Find out what's happening in Englewood-Englewood Cliffsfor free with the latest updates from Patch.
The eight-bedroom, 14-bathroom house is scheduled to be auctioned April 21.
The house features a movie theater, gym, grotto, sauna and steam room, vanishing-edge pool with a waterfall and a small lake with swans and cranes.
Find out what's happening in Englewood-Englewood Cliffsfor free with the latest updates from Patch.
The house was featured in the Woody Allen film "The Curse of the Jade Scorpion."
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Photos courtesy of Realtor.com
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