50K-square-foot mansion in New Jersey hits the market asking $48M

A 50,000-square-foot mansion in the New Jersey in the township of Mahwah has hit the market asking $48 million, making it one of the priciest listings in the state.

Formerly known as the Crocker Mansion, the 29-bathroom and 21-bedroom is being marketed by the owner Ilija Pavlovic, who owns the real estate brokerage Special Properties Real Estate Services.

Pavlovic bought the mansion for $8.88 million in 2008 from developer Darlington Associates, and took on the daunting task of restoring the property. The renovation preserved the historic character of the century-old home, such as the wooden carvings and a 45-foot-tall organ, while adding modern amenities such as a spa with a lap pool, a gym, a massage room, a beauty salon and a theater room, according to the Wall Street Journal.

[WSJ] —Christopher Cameron