Exclusive: Melissa & Joe Gorga Not Building A House In Franklin Lakes; Couple List Property For Sale

Things just got a bit more real for reality couple, Melissa and Joe Gorga! After a tortured year of battling tenant from hell Kai Patterson over non-payment of rent and accusations of shoddy home construction, the tenant has finally moved out closing that chapter.

[RELATED] Kai Patterson Vacates The Gorgas Montville Mansion

As the couple announced, their plan is to build a new monster abode in Franklin Lakes on a plot of land they purchased two years ago. They told the world, they sold their Montville mansion and moved into a Franklin Lakes rental. Then after the “purchase” of their Montville home fell through, the couple announced they would move back into their Montville Township mansion until construction on their new Franklin Lakes house was completed. In January, Joe tweeted, “Here it is! Coming soon. Waiting on permits! #gorgahouse @melissagorga.”

However, it appears juggling mortgages on multiple properties has taken a toll and the RHONJ stars are looking for some relief. They’ve listed their Franklin Lakes plot of land for sale. The massive picturesque Franklin Lakes home they boasted about building will have to putatively wait until the couple can get their finances together. In June 2012, the pair listed their Tom’s River, NJ house for $500,000. According to public records they took out a $2.25 million loan against that property presumably to build their Montville mansion.  

The Franklin Lakes property is located at 101 Jasmine Court, Franklin Lakes, NJ 07417. The property is listed by Sothebys International Realty for $589,000. The average listing price for ZIP code 07417 is $1,624,535 (for a built house) which is higher than the list price for 101 Jasmine Ct.

However, according to Realtor.com the property is listed for $1.2 million which disputes the Trulia.com listing price of $589,000. Below is an excerpt of the property description via Realtor.com:

Amazing opportunity to build this European tuscan villa design manor in exclusive Franklin Lakes, one acre in cul-de-sac, $2-3$ million dollar neighborhood by 2014 award winning architect with celebrity designs. Plans already available and foundations is completed, just waiting for you to have brand new construction! All permits have been obtained including pool. Don’t miss this chance or opportunity for a customized new construction masterpiece and design by this well known featured award winning architect.

The couple have been plagued with media reports of financial difficulties, therefore, it’s wiser for them to unload the property rather than risk humiliation of foreclosure like their sister, Teresa Giudice. Looks like being “On Display” is not all it’s cracked up to be. 

 

 

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