You know the house in your neighborhood that is so different from all the others it has a nick name? You know, maybe it’s called the scary house? Or maybe the “big” house? Well in the Newstead, South Orange neighborhood, which is very much in demand, there is one house that stands out so much it is affectionately called the Taj Mahal. It has been on and off the market for about two years and hasn’t sold. Yet, my recent Newstead listing went Under Contract in just 2 weeks and it was in the same price range. This begs the question, are some homes too iconic to sell?
Personally, I can appreciate and actually adore the Mughal style architecture incorporated into this luxurious property. Mughal architecture is an amalgam of styles emanating form Islamic, Persian and Indian cultures. It dates back to the 16th century and is common in the Middle East as well as in some elaborate homes in Beverly Hills and Bel Air.
This home was built in the mid 1950’s and therefore also incorporates a lot of mid-century style architecture as well. You can almost picture affluent “rock-n-roller” types, high rollers, or even maybe Tony Montana from the film Scarface soaking in the whirlpool smoking a cigar. But it is so specific, buyers are having a hard time with its curb appeal. There’s no other reason for it to sit on the market because the landscape, location, floor plan, ceiling height, and room sizes are spectacular – especially for today’s lifestyle.
Can buyers not see that a simple change to the front facade would render the ideal mid-century ranch style home that is all the rage right now? A ranch just went under contract down the street after it was only on the market for a day – and it needs to be totally gutted. I wish someone with vision would buy this incredible home, renovate the front and flip it. I bet it would sell in less than a week. Don’t you?
Right now this home is not available for sale, but I am sure if there were a buyers interested, I could show it to you. Please text me if you’d like to see it at (917) 327-0701.
Thinking of Living in South Orange?