Not many of us can afford to live in a mansion, but for a lot of people, living in a big house with several rooms, high ceilings, a big yard, and room for a pool is an unattainable dream. Imagine having your own private cinema, an in-home spa, a gym in your house, and a full arcade room.
In New Jersey, a 111-year-old mansion in New Jersey has been put on the market for the low low price of $10. Nobody is bidding on it though, because there’s one big catch.
It’s Hard To Buy A Property In New York
New York is one of the most expensive states in America when it comes to buying property. It’s hard to find a reasonably priced single-family home, let alone a mansion. According to recent Zillow listings, the median price of homes currently listed in the metropolitan New York area is $342,000.
That’s a lot of money, so you’d think a $10 home would fly off the market in no time at all. The low price tag attracted a lot of potential buyers to the home’s open house, but nobody wanted to put down the cash.