3.9k Share this

What a hit! Grammy Award winners Alicia Keys and her producer husband Swizz Beatz Dean have finally sold their 5-acre New Jersey estate — at a massive loss. 

The music power couple bought the property from Eddie Murphy in two separate transactions for a $12.1 million sum nearly a decade ago.

They first put it on the market for $14.9 million in 2015, but slashed the price to $9.9 million last August. It was still asking that price when it went into contract in February.  

Now, Gimme can exclusively reveal the closing price: The spread went for just $6 million. 

“It’s an insane price. I can’t believe it went that low,” said an insider familiar with the deal.

Keys, Dean and their two kids — Egypt and Genesis — spend most of their time on the West Coast these days. In 2019 they bought a modern cliffside mansion known as Razor House, for $20.8 million, in La Jolla, Calif.

The home, crafted by architectural designer Wallace E. Cunningham, is said to be the inspiration for Iron Man, Tony Stark’s fictional cliffside property. 

It’s a completely different look from the Colonial-style New Jersey mansion, which they had spent millions renovating — including the addition of a gallery for their massive art collection, which famously includes Jean-Michel Basquiat, Andy Warhol, Kaws and Maya Hayuk. 

The 25,000-square-foot property at 191 Brayton St. comes with six bedrooms, an indoor pool, a 2-lane bowling alley, a movie theater, two elevators — and a state of the art recording studio. 

Keys and Dean had first plunked down $10.42 million on the 32-room mansion in 2013. A year later, they bought an adjacent empty lot from Murphy for $1.7 million at 286 Johnson Ave.

The listing broker was Christopher Boel of Christie’s International Real Estate. 

Source: NYPOST

3.9k Share this
You May Also Like
Firefighter suffers minor injuries battling South Austin fire

Firefighter suffers minor injuries battling South Austin fire

Firefighter suffers minor injuries battling South Austin fire – CBS Chicago Watch…

Latest White House Plan Would Cancel $10,000 of Student Loan Debt

The Biden administration is reportedly crafting a plan that would see $10,000…

Mourners embrace and comfort each other at a memorial service close to the site of Udalve massacre

A crowd of mourners and community members embraced and consoled each other…
Thompson outpitches Cueto as Cubs beat White Sox 5-1

Thompson outpitches Cueto as Cubs beat White Sox 5-1

CHICAGO (AP) — Keegan Thompson outpitched Johnny Cueto over five sharp innings…

Seven tricks to dodge the storm clouds threatening your portfolio

Volatile share prices are likely to remain a feature of stock markets…

Disney Actress Bette Midler Pushes for Repeal of Second Amendment: ‘What a Fantastic Idea!’

Bette Midler, star of Disney’s Hocus Pocus 2, wants to take away Americans’…

‘Welcome to Watford!’ Prince Charles and Camilla are greeted by Danny Dyer

The first look of Prince Charles and Camilla’s cameo in Eastenders has…
'Yahshi Bakes' delivers a bite of heaven with Ethiopian, Jamaican-inspired desserts

‘Yahshi Bakes’ delivers a bite of heaven with Ethiopian, Jamaican-inspired desserts

OAKLAND, Calif. — Food Network star and culinary prodigy Yahshimabet Sellassie has…