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Teresa Giudice finally finds buyer for her longtime $2.2M NJ house she built with Joe

By
Social Links for Mary K. Jacob
Published March 25, 2021
Updated March 26, 2021, 5:28 p.m. ET

It’s the end of an era for Teresa and Joe Giudice, who have finally found a buyer for their longtime $2.2 million Montville, New Jersey, mansion, The Post can report.

The sprawling estate has been on and off the market for the past year with no offers. 
In January, the star of “The Real Housewives of New Jersey,” 48, was forced to slash the price of her longtime mansion from $2.5 million to just under $2.25 million, hoping to entice a buyer. 

She also brought in interior designer Jimmy DeLaurentis to completely change up the home’s decor.

An offer was made Monday, and the house is currently under contract. However, a source tells The Post it could take a couple of months before the deal on the property closes.

Teresa Giudice opens up about her decision to sell her Montville, New Jersey, house she bought with ex-husband, Joe.
Teresa and Joe Giudice finally found a buyer for their $2.2 million New Jersey home. Realtor.com; Getty

A rep for Giudice has not responded to The Post’s request for comment.

Teresa initially purchased the home with her now-ex-husband, 50, in 2002 for $530,000. That leaves the former couple a hefty profit of $1,718,000, minus any upgrade costs. 

The two raised their four kids in the home until 2014, when the couple was convicted and ultimately jailed for bankruptcy fraud, conspiracy to commit mail fraud, wire fraud and failing to pay taxes. Teresa served her time in 2015, and Joe began his sentence in 2016.

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A turret-like entryway and a Juliet balcony create a regal exterior to the palatial home.
A turret-like entryway and a Juliet balcony create a regal exterior to the palatial home.Realtor.com
The inside of the front door has sculpted wings as handles, which open onto a black marble floor and a two-story foyer with a Cinderella staircase.
The inside of the front door has sculpted wings as handles, opening onto a black marble floor and a two-story foyer with a Cinderella staircase.Realtor.com
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The wine cellar is pictured. Classic Italian touches are prevalent throughout the house — for instance, one bathroom is inscribed “Bagnon,” which means “bathroom” in Italian.
The wine cellar is pictured. Classic Italian touches are prevalent throughout the house — for instance, one bathroom is inscribed “bagno,” which means “bathroom” in Italian.Realtor.com
The stone and stucco house has a formal dining room with a hand-carved fireplace, a two-story great room with a wood-burning fireplace, a wine cellar and an office.
The stone and stucco house has a formal dining room with a hand-carved fireplace, a two-story great room with a wood-burning fireplace, a wine cellar and an office.Realtor.com
The now-split couple bought the property for $530,000 in 2002 and custom built the house, which was completed in 2008.
The now-split couple bought the property for $530,000 in 2002 and custom built the house, which was completed in 2008. Realtor.com
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The price cut comes as the divorcée moves on from her two-decade marriage, sharing pictures with her new boyfriend, Digital Media Solutions co-founder Luis Ruelas, age 46.
The price cut comes as the divorcée moves on from her two-decade marriage, sharing pictures with her new boyfriend, Digital Media Solutions co-founder Luis Ruelas, age 46.Realtor.com
The RHONJ star’s six bedroom, five-and-a-half bathroom mansion spans 10,000 square feet on 3.7 acres of property.
The “RHONJ” star’s six-bedroom, five-and-a-half bathroom mansion spans 10,000 square feet on 3.7 acres of property.Realtor.com
As is fitting for the author of hit-cookbook “Fabulicious!”, Giudice’s kitchen is decked out with stainless steel appliances and a butler’s pantry.
As is fitting for the author of hit-cookbook “Fabulicious!”, Giudice’s kitchen is decked out with stainless steel appliances and a butler’s pantry. Realtor.com
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The entryway has a grand chandelier and vaulted ceilings, listing photos show.
The entryway has a grand chandelier and vaulted ceilings, listing photos show.Realtor.com
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Spanning almost 10,000 square feet, the home is situated on 3.7 acres and is made up of six bedrooms and five-and-a-half bathrooms.

Features of the home include a gourmet chef’s kitchen with stainless steel appliances and a butler’s pantry, a wine cellar, a Cinderella staircase and an in-ground pool. It also features a two-story great room with a wood-burning fireplace.

Earlier this month, Teresa revealed her decision to sell the house was bittersweet, but it was something she had to do to move on.

“It’s hard for me to sell the house,” she revealed on camera in a confessional. “[My ex-husband] Joe and I built the house together; we raised our four daughters in that home.”

“I am ready for a new beginning,” she said. “I’m looking for a fresh start.”

And a fresh start is exactly what she will get. Teresa has since moved on with her new boyfriend, Luis Ruelas. 

They purchased a table-flipping $3.35 million “investment property.” Ruelas, 46, reportedly funded the purchase. 

It’s unclear at this time where Teresa and her four girls will move next, while Joe remains in Italy.