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Mary drops $12.3million in cash for mansion

Posted by Media Outrage on March 27th, 2008

Mary

You know your pockets are pretty heavy when you can just open up the brief case and tell the person look put that mortgage loan bullsh*t away, I brought cash beeeeyooootch!$12.3million of it and I want this mansion now.

Via Nydailynews:

Grammy winner Mary J. Blige plunked down $12.3 million in cash for a Saddle River, N.J., mansion, the Daily News has learned.

“She fell in love with this one,” a source said of Blige, who checked out several houses in the swanky area before settling on the 18,250-square-foot dream pad.

To see pics of the mansion and finish reading the article

Thanks to the sagging housing market, the 37-year-old best-selling singer got a relative bargain.

The house originally went on the market last year for $17 million and was reduced this year to $13.9 million, the source said.

Blige, who has sold more than 40 million records, will have plenty of hip-hop stars, rappers, movie stars and pro athletes as neighbors.

Rappers Ja Rule, Wyclef Jean and the Rev. Run of Run-DMC live nearby.

Other boldface names calling Saddle River home include Nets’ hoop star Vince Carter, actor Danny Aiello and novelist Mary Higgins Clark.

Blige’s newly constructed eight-bedroom house – built on 4.2 acres and modeled after a French country manor – features a 14-seat movie theater, a fitness center, a hardwood basketball court and an elevator.

It also has a gourmet kitchen, eight bathrooms, a spiral staircase and a wine tasting room.

Real Estate broker Dennis McCormack, who sold the property, denied knowing who bought it.

McCormack’s competitors said the sale to Blige was the talk of the tony town.

“Everybody knows Mary J. Blige bought the house,” the source said. “He [McCormack] may have signed a confidentiality agreement, but the buzz was out the minute she and her husband saw the house.”

Blige and her husband, record-industry executive Kendu Isaacs, are not expected to move in anytime soon.

She is in the middle of her 25-arena Heart of the City tour with Jay-Z. Tonight she plays the Nassau Coliseum and tomorrow she’s at the Izod Center.

Sources said the couple plans to personalize the landscaping, boost security and possibly revamp a few garages to accommodate her tour bus.

“It’s nice to know Mary J. Blige is moving to the area,” said resident Sandy Miller, who was at the local post office Wednesday. “Everyone here is private, secluded and respects each other’s space.”

An Optimum cable worker visiting the house Wednesday was surprised – and excited – to learn the name of the new owner.

“That’s hot,” he said.

To see pics of the mansion click here. 

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One Response to “Mary drops $12.3million in cash for mansion”

  1. Mary J out at the club « Media Outrage Says:

    [...] Mary J was spotted at Ritual night club last night rocking some Kool Moe Dee shades. Mary looks like she’s definitely living the prosperous life and we know she is when doing things like this. [...]

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