‘Mad Money’ host Jim Cramer’s former Summit home sells for $3.7M

Television personality Jim Cramer’s former Union County home recently sold for nearly $3.7 million, according to NJ.com. The property at 39 Hillcrest Avenue, which NJ.com noted that Cramer unloaded to his ex-wife for $1 in 2010 after their divorce, was sold on March 29. It has a 5,032-square-foot, five-bedroom home built in 1891. Realtor.com, a subsidiary of News Corporation, quotes the median listing home price in Summit at $1.1 million. Property records showthat Cramer and his ex-wife bought their Summit home for $2.3 million in 1999. NJ.com reported that Cramer, a former journalist and hedge fund manager who now hosts CNBC’s “Mad Money,” now owns another home in Summit, as well as a Monmouth County home in Neptune along the Jersey Shore. The Real Deal reported in 2015 on former New York Jets head coach-turned-ESPN football analyst Rex Ryan listing his former Summit home for $2.2 million. NJ.com noted the property ultimately sold that same year for $2.6 million. [NJ.com]