An Essex County estate returned to the market last week at an asking price 32 percent less than just seven months ago, according to JerseyDigs. The eight-bedroom, 14-bathroom home at 32 Club Way in Cedar Grove is situated on 5.35 acres straddling the municipalities of Cedar Grove and Montclair. The owners of the property, known as Rock Ledge, have tapped James Conticello of Keller Williams City Life Realty to oversee a potential sale for the property, which now has an ask of $5.5 million. The 13,200-square-foot home includes an in-law suite, maid’s quarters and a one-bedroom pool house with a living room, fireplace, full kitchen and bath. The residence comes with a wine cellar, sauna, workout room, media room and a life size chess set, according to its listing on Zillow. The property also includes two parking garages, one attached and one detached, which have a total of 16 parking spaces. Rock Ledge is back on the market almost exactly seven months after it was relisted for $8 million. Gawker reported nearly a decade ago that the five-acre estate was marketed by Turpin Realtors while it was under development with an ask of $16.5 million. Property records show that 32 Club Way is owned by Brian Martin, who acquired and consolidated parcels for the estate in 2008. [JerseyDigs]
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