Diddy Slashes Asking Price of NJ Mansion – Again (Pics)

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*Sean “Diddy” Combs who’s been trying to sell his New Jersey mansion off and on for the past five years, has once again slashed its price, according to Variety.

Located in Alpine, about 20 miles north of Midtown Manhattan, the 3.25-acre estate first went on the market over the summer of 2011 at $13.5 million, and since then has had its asking price sliced and diced to its current price just under $8 million.

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Combs purchased the nearly 9,000-square-foot Colonial-style red brick mansion in July 2004 for $6 million. It features seven bedrooms — three multi-room master suites and three en suite bedrooms with walk-in closets, plus a staff bedroom in the basement — and a total of 9.5 bathrooms in about 17,000 square feet.

More details below:

Formal living and dining rooms flank a voluminous central foyer that opens to a grandiosely cavernous double-height great room with wet bar and fireplace. There’s a second, green marble-faced fireplace in the wood-paneled library, and the expensively outfitted if decoratively generic kitchen opens to a dining nook set into a windowed bay. A full gym and bath sit atop a detached three-car garage that abuts an indoor basketball court, and the finished basement holds a small but plush home theater along with a disconcertingly gargantuan, 2,000-square-foot recreation room. Manicured grounds encompass rolling lawns and mature gardens, swimming pool, spa and a lighted tennis court.

View pics below:

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