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‘Extremely unique’ NJ mansion that cost $27M to build heads to auction with a $10M reserve price

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‘Extremely unique’ NJ mansion that cost M to build heads to auction with a M reserve price


An enormous custom estate is now up for auction in southern New Jersey — and although it cost its creators some $27 million to build, the reserve price is just $10 million. 

Located a 30-minute drive from Philadelphia, straddling the border of two townships — Moorestown and Cinnaminson — the approximately 40,000-square-foot compound is currently accepting bids through Oct. 9, the Wall Street Journal first reported. 

The megamansion’s owners, the pharmacological entrepreneurs Calvin and Orsula Knowlton, decided to try the auction route after struggling to find a buyer through a traditional listing, the married couple told the Journal. 

An aerial view of the property. Kurfiss Sotheby’s International Realty
The grand foyer. Kurfiss Sotheby’s International Realty
The Knowltons paid $640,000 for the property in 2017. Kurfiss Sotheby’s International Realty
The mansion is set on 7 acres. Kurfiss Sotheby’s International Realty
The palatial dining room. Kurfiss Sotheby’s International Realty
The sprawling kitchen. Kurfiss Sotheby’s International Realty

“It’s extremely unique, but it’s extremely unique in particular for this neighborhood and this particular marketplace,” added Misha Haghani of the auction company Paramount Realty USA, which is handling the sale in collaboration with Kevin Steiger of Kurfiss Sotheby’s International Realty. “It’s a home for which there are almost no comps.”

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The Knowltons paid $640,000 for the 7-acre property in 2017. They initially, and simply, planned to restore and expand the early 1800s era farmhouse on the lot. 

The farmhouse turned out to be moldy beyond repair, but demolition of it proved a bureaucratic nightmare involving both townships’ zoning and planning authorities. 

The home measures in at approximately 40,000 square feet. Kurfiss Sotheby’s International Realty
One of seven bedrooms. Kurfiss Sotheby’s International Realty
One of 10 total bathrooms. Kurfiss Sotheby’s International Realty
The golf simulator. Kurfiss Sotheby’s International Realty
A walk-in closet. Kurfiss Sotheby’s International Realty

Finally, in 2018, construction started on what ended up being a colossal and still not entirely finished homebuilding endeavor (the Knowltons eventually decided to stop working on the behemoth, as its next owner may have different preferences), according to the Journal. 

As it stands, the four-story residence boasts amenities including a chapel, a home theater, a wine cellar, six fireplaces, a golf simulator and an English-style pub. There’s even what Calvin Knowlton called “the most giant reflecting pool I’ve ever seen,” a double-height foyer with dual curved staircases, a sprawling dining room, and a sauna-equipped gym that can be accessed by what the listing describes as “a unique tube elevator” in the primary suite’s bathroom.

The exterior was inspired by Philadelphia’s Second Empire-style city hall building. 

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Although the Knowltons moved into the manor back in 2022, they’ve been spending the majority of their time at their home on North Florida’s Amelia Island, and are selling as they anticipate continuing to mostly be there, they told the Journal.



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Heavy police presence prompts concern in South Jersey neighborhood

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Heavy police presence prompts concern in South Jersey neighborhood


MILLVILLE, N.J. (WPVI) — Residents in a Millville, New Jersey, neighborhood spent hours trying to understand what was happening after a New Jersey State Police helicopter circled overhead, and troopers eventually entered a home while searching for a suspect.

Video from a Ring camera shows state police and officers in tactical gear taking over the front porch of a home on the 100 block of Third Street.

Officers are heard speaking into a doorbell camera moments before entering the residence.

A woman who lives in the home and did not want to be identified said she was at work at the time of the incident, but her son was inside when police surrounded the house. She said her son later described the encounter to her.

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“My son was here, he was a little freaking out, they actually made him come out with his hands up and guns were drawn,” she said.

The woman said her son told her troopers explained they were pursuing someone on foot in the area.

“They just said they were on a foot pursuit and the guy was jumping the fences behind my house. A construction worker saw him go down my steps, but didn’t know where he went from there. That’s why they need to make sure everything is safe,” she said.

Nearby residents also noticed the heavy police activity.

Michele Brown of Bridgeton said she was walking her dogs when she saw officers in the area.

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“It was a lot I didn’t understand what was going on,” Brown said.

Brown said the scene was alarming for people nearby.

“Definitely startling cause you see all these cops with their guns out, and you’re just looking like, ‘Whoa’,” she said.

Action News reached out to New Jersey State Police for more information, but we did not receive a response.

In a statement, Millville police say the suspect was not apprehended after fleeing state police on foot.

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There is no suspected threat to the community, the department added.

Copyright © 2026 WPVI-TV. All Rights Reserved.



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Chemistry Class | DEVILS NOW | New Jersey Devils

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Chemistry Class | DEVILS NOW | New Jersey Devils


NewJerseyDevils.com is the official web site of the New Jersey Devils, a member team of the National Hockey League (“NHL”). NHL, the NHL Shield, the word mark and image of the Stanley Cup and NHL Conference logos are registered trademarks of the National Hockey League. All NHL logos and marks and NHL team logos and marks as well as all other proprietary materials depicted herein are the property of the NHL and the respective NHL teams and may not be reproduced without the prior written consent of NHL Enterprises, L.P. Copyright © 1999-2025 New Jersey Devils and the National Hockey League. All Rights Reserved.



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The first of Paramus’ three big mall makeovers is nearly complete

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The first of Paramus’ three big mall makeovers is nearly complete


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One of three massive redevelopment projects at Paramus’ biggest shopping malls will finish construction this summer. Another will have to wait until 2027.

The two projects will bring hundreds of apartments and thousands of feet of additional retail space to Bergen Town Center and Paramus Park Mall, two of Bergen County’s biggest retail destinations. Both projects are the work of Carlstadt-based Russo Development LLC, which is also building a new headquarters in the borough.

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The biggest mall redevelopment in town — a multiyear plan that could bring as many as 1,400 homes to Westfield Garden State Plaza — is also underway under the direction of a different developer. That project is expected to hold an official groundbreaking in the coming weeks.

The construction is “an opportunity for affordable housing to get built, which is certainly a big priority for almost every municipality in New Jersey right now,” Russo Development CEO Ed Russo said in a recent interview. He credited borough officials for making sure “there was additional investment and vibrance that was being added” to Paramus’ commercial center.

Paramus Park housing almost done

First in line for completion is Vermella Paramus, two mixed-use buildings with 360 one-, two- and three- bedroom apartments under construction next to the Paramus Park Mall, west of the Garden State Parkway.

The project will also have 8,000 square feet of onsite retail space. It will be built adjacent to the mall and the new Valley Hospital, according to a description on the company’s website.

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One of the buildings will be finished next month, while the second is scheduled to finish construction in June, Russo said last week.

Bergen Town Center project has new name, timeline

The developer, alongside KRE Group, also plans to build two five-story buildings with 426 units and 5,000 square feet of retail at Bergen Town Center, off of Route 4. The project will be called Bergen Chapters, Russo said.

The housing will include 147 one-bedroom apartments to be sold at market rate and another 12 reserved as affordable. The project will also have 1,572 parking spaces, including lots from other areas of the mall property and two parking garages.

A building on the east side of the Bergen Town Center property that currently contains a former Kirkland’s, Red Robin and Recreational Equipment Inc will be knocked down for the project. Recreational Equipment Inc. closed in late January, so the property has only become vacant in the last month, said Russo. He expects the work to finish in late 2027.

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Story continues after gallery.

Living at the mall

Paramus’ three big projects fueled speculation that other shopping centers in North Jersey would follow the example, as mall owners looked for ways to survive the rise of online retail.

But there hasn’t been a tremendous amount of mall redevelopment in New Jersey, Russo said.

Paramus’ situation is unique, he noted, with “three good size malls” all within the same town. Spurred in part by state affordable housing mandates, the borough council adopted zoning in 2016 that allowed for mixed-use development along its highway corridor. That was the impetus for the three mall makeovers, Russo said.

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Other factors also made the borough’s commercial corridor especially suited for this type of hybrid development, he added.

“Paramus has always been considered, for many decades, as a shopping mecca between the malls, Route 17, Route 4 and the proximity to New York City,” said Russo. “It’s really been a vibrant retail community for many years.”

In addition to fulfilling affordable housing obligations, the zoning helped the borough attract new investment around the malls, boosting their long-term success, he added.

“The retail market has been affected in a larger part of New Jersey over the last number of years,” said Russo. “I think Paramus was very forward-thinking in the zoning that they did years ago.”

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