Sat, Nov 21, 2009
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EDDIE MURPHY SLASHES HOUSE PRICE IN HALF: Actor not immune to stagnant housing market.
(October 22, 2009)
*Eddie Murphy has knocked $15 million off the asking price of his home, hoping to spark some activity after it sat dormant on the market for nearly five years.
The New Jersey estate had an original price tag of around $30 million when the actor listed it in 2004.
The property, which boasts a bowling alley, theatre and recording studio, failed to sell - and the price has now been cut by half, according to the New York Daily News.
Real estate broker Dennis MCCormack says, "It's a beautiful house and 10 minutes from Manhattan. The home was recently renovated and I listed it three weeks ago."
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