Jon Stewart buys $3.8M NJ property

Jon Stewart of ‘The Daily Show’ and wife Tracey paid $3.8 million for a 4,999-square-foot waterfront house in Red Bank, NJ, about an hour from Lower Manhattan, according to Real Estalker. According to property records, Stewart closed on the 1.26-acre estate this past December. The gated estate has a large circular drive, a swimming pool, a two-car garage and adjacent pool house, and a wide lawn that slopes steeply down the 166 feet of river frontage where there is a boat house, small deck and private dock. In November 2005, the Stewarts sold their Greenwich Village apartment to fashion designer Michael Kors for $3.995 million, and moved to a $5.8-million duplex penthouse in Tribeca, where they now live. Records show that Stewart, through his real estate trust, also owns a water front home in the Bay Point area of Sag Harbor, NY. [Real Estalker]