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Information for Intending Bidders
PROPERTY FEATURES
  • Stunning, architecturally-unique home built c. 1947
  • Former owners: Albert Anastasia, Del Webb, Buddy Hackett; current owner: Arthur Imperatore
  • Beautifully landscaped 1.3-acre park-like grounds at the edge of the Palisades cliffs
  • 180-degree views of Hudson River & Manhattan skyline from the George Washington Bridge to lower Manhattan’s Freedom Tower
  • One of the most desireable addresses in the Metropolitan area
  • Minutes from the George Washington Bridge, the Lincoln Tunnel, and Manhattan

  • PROPERTY: Approx. 51,000 square feet


    VIEWS: Approx. 200 feet of unobstructed Hudson River / Manhattan skyline views


    HOME: 8,551 square feet


    TAXES: Approx. $82,000


    ZONING
    The property is located on two adjacent lots, both with river views. It is located in the R-2 (one-family) residential zone, which has a minimum lot size of 7,500 square feet. The large square footage of the property creates for the buyer a number of possibilities, including:


  • Expand the footprint of the current house with a large addition, especially to the south and overlooking the river, as of right;
  • Expand the current footprint of the current house and/or build another house with river views on the adjacent southern lot, as of right;
  • Keep the existing house, subdivide the southern lot into two or three conforming building lots, one with river view, without variances;
  • Raze the existing house, subdivide the exiting property into four conforming building lots, two with river views, without variances;
  • Raze the existing house, subdivide the property into five building lots, two with river view, with variances.

  • In other words, 75 Bluff Road exists as two lots. One lot contains the home, garage, outbuildings and pool. The other lot has beautiful landscaping but is otherwise unbuilt upon. In accordance with existing ordinances, one could - if so inclined - extend the main house into the adjoing lot, or build a second home on the southern lot with a river view, or build a second home plus a third home on the second lot with one home positioned to have a river view and the other home to be positioned nearer to Bluff Road.


    Ten different possible Concept Plans are available depicting various ways the property can be built upon and/or sub-divided. Naturally, unless these drawings indicate “as of right” (such as those referred to above), any sub-division would be subject to local approval. To receive these Concept Plans, please contact Guernsey’s.


    COMPARABLE
    In the fall of 2015, the neighboring property to 75 Bluff Road was placed on the market. That property is similar in size to Bluff and contains a large contemporary home built within the last decade. That home has the same view of the Hudson River and the Manhattan skyline as has 75 Bluff Road. Also on that property is a second, older home close to the road. When the neighboring property came on the market, it was priced at $18.9 million. Several months later, the listing of this neighboring property changed. The contemporary house with the view was separated from the rest of the property and offered for sale on .4 of an acre, approximatly one third of the size of 75 Bluff Road. The reduced offering listed the property at $13.5 million. A few months after the listing change, the property was removed from the market.


    THE HOME
    GROUND FLOOR


  • Outer entrance
  • Central Entry Hall
  • Living Room
  • Sun Room (abutting the Living Room making a single continuous space measuring 43’ x 19’)
  • Extensive glass-enclosed Sun Porch with full River and Manhattan skyline views
  • Dining Room
  • Wood-paneled Library
  • Breakfast Room
  • Kitchen
  • Butler’s Pantry
  • Powder Room
  • Den
  • Bedroom as part of an apartment with separate outer entrance
  • Full bath, half-bath
  • Many large closets and built-ins

  • SECOND FLOOR


  • Sweeping staircase
  • Central landing
  • Small Den (or additional bedroom)
  • Master Bedroom Suite incl. his/her dressing rooms, sitting room, many large closets, built-ins, sizable bath
  • Wood-paneled Den
  • Four additional Bedrooms, one with separate exterior staircase
  • Enclosed Terrace
  • Four full, extensively-tiled Baths
  • Full height, large Attic

  • WOOD-PANELED FULL BASEMENT


  • Main entertaining space with Bar and Movie Theater, Projection Room
  • Recreation Room (Billiards, Ping Pong)
  • Central area
  • Kitchen
  • Laundry Room
  • Spa with Sauna and Hot Tub
  • Storage Room
  • Work Shop
  • Utilities Room
  • Bathroom with add’l Beauty Parlor sink

  • GROUNDS


  • Beautiful, mature landscaping
  • Substantial estate entry gates leading to lengthy drive and home
  • Large Patio with expansive Hudson River & Manhattan skyline views
  • In-ground Swimming Pool
  • Cabana / changing room
  • Pool house
  • 2+ car Garage
  • Separate additional Kitchen with outdoor entrance
  • Outdoor Shower


  • Terms of Sale

    AUCTION: Wednesday, June 8, 2016, 2:00pm


    LOCATION: At the Property, 75 Bluff Road, Fort Lee, New Jersey


    BIDDING: Bidding will be taking place live at the Property. Absentee Bidding by Telephone should be arranged with Guernsey’s. Those wishing to bid online can do so via www.liveauctioneers.com. Online bidders are still obligated to follow the Bidder Requirements described below.


    VIEWING: June 4 - 7 (Saturday - Tuesday), daily 12 noon - 7pm; June 8, 10am until Auction; or by advance appointment with Guernsey’s


    BIDDER REQUIREMENTS: Bidder must 1. register by signing and submitting to Guernsey’s the Auction Terms & Conditions (see below) and any required escrow instructions, and 2. wire $50,000.00 (the “Bidder’s Deposit”) into the Escrow Agent’s account per the wiring instructions in the Terms & Conditions for receipt prior to 3:00 p.m. EDT on June 6, 2016.

    Once bidding is complete and the Buyer is declared, Buyer will be required immediately to execute the Purchase and Sale Contract, Escrow Instructions and other documents reasonably required by the Escrow Agent, and to initiate a wire transfer to increase the Bidder’s Deposit, if required, to ten percent (10.00%) of the Purchase Price (the “Deposit”), both of which must be received no later than 3:00 p.m. EDT on June10, 2016.


    TERMS & CONDITIONS: Terms & Conditions for Intending Bidders will appear shortly on this website, be available from Guernsey’s and available at the Property during the Inspection. Specific information such as the Escrow Agent’s Account (referred to above) will be clearly indicated.


    BUYER’S PREMIUM: A Buyer’s Premium equal to 6% (six per cent) will be added to the actual hammer price.


    PROMINENT PROPERTIES. Prominent Properties, Sotheby’s International Realty, Teaneck, New Jersey is assisting Guernsey’s in this transaction. As an alternate to contacting Guernsey’s to arrange an advance viewing, please contact Josh Baris at 201-568-5668 or 201-741-4999. Prominent Properties will be assisting with the closing.

    STARTING BID: As noted, this property is being sold at auction. It will be offered subject to a minimum starting bid of $3,000,000 (Three million dollars). Interested parties are urged to contact Guernsey’s to arrange for a private, advance viewing or for any questions, please contact Guernsey's directly at 212-794-2280.



    Starting Bid

    $3,000,000.00

    Buyer's Premium

    • 25%

    Historic NJ Estate at Auction

    |
    Estimate $7,000,000 - $9,000,000
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    65 East 93rd Street
    New York, NY 10128
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