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50 Laura Dr, Cedar Grove, NJ, 07009

8beds
12baths
14,000sqft
$6,950,000
$496price/sqft
$52,494/moest. monthly cost
$2,099,760/yrincome needed

About This Home

This European masterpiece, a true French Chateau, offers unparalleled beauty and with 14,000 sq ft ideally located on 3.8 acres of meticulously landscaped property at the end of a cul de sac with incredible privacy and spectacular panoramic views of the iconic New York City skyline. Nestled atop one of the highest points in Essex County. Custom built to perfection, this 4-story residence features top of the line resort-like amenities including a heated, gunite pool and spa, a relaxing sun deck, tranquil meditation garden with koi pond, multi-purpose sports court perfect for tennis or basketball and a spectacular home gym with sauna and steam room. Inside this magnificent residence there is a luxurious Master Suite with 2 spa-like baths & 2 custom walk-in closets & private state of the art movie theater, billiards, sports area with media and a stunning pub imported from Europe with leaded and stained glass windows. There is a private balcony with exclusive views of the New York City skyline. This architectural gem, located only 17 miles from New York City, features a limestone exterior, 3 levels of balconies and a grand entrance hall with a double bridal staircase and gilded railing imported from Europe. With tremendous privacy, 8 bedrooms, 9.3 baths, 6 gas fireplaces and French doors throughout the home, opening to front and back verandas on 3 levels, this home is sure to amaze. Your own private oasis! One of the most extraordinary estates in the NY Metropolitan area!

Getting Around

7
WalkingCar-Dependent
0
TransitVery Limited Transit
2
BikeSomewhat Bikeable

Schools

9/10
7/10
Cedar Grove High SchoolGrades 9-121.1 mi

Construction

Condition

  • Year built: 1990

Materials

  • Roof: Tile
  • Construction materials: Stone

Type & Style

  • Home type: SingleFamily
  • Architectural style: Chalet
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Carbon Monoxide Detector,Central Vacuum,Gas Cooktop,Dishwasher,Dryer,Kitchen Exhaust Fan,Microwave,Range/Oven-Gas,Refrigerator,Self Cleaning Oven,Washer,Wine Refrigerator,Gas Water Heater

Basement

  • Features: 2Bedroom,BathOthr,GameRoom,Kitchen,Media,PowderRm,Sauna,Storage

Basement

  • Has basement: Yes
  • Basement: Yes,Finished,Full

Bedroom1

  • Level: Second
  • Area: 432

Bedroom2

  • Level: First
  • Area: 210

Bedroom3

  • Level: Second
  • Area: 238

Bedroom4

  • Level: Second
  • Area: 238

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 12
  • Full bathrooms: 9
  • 1/2 bathrooms: 3

Dining Room

  • Features: Formal Dining Room
  • Level: First
  • Area: 408

Family Room

  • Level: First
  • Area: 575

Features

  • Central Vacuum,Solarium,Library,Media Room,In-Law Floorplan,Exercise Room
  • Window features: Thermal Windows/Doors,Blinds
  • Flooring: Carpet,Parquet-Some,Tile,Wood
  • Number of fireplaces: 6
  • Fireplace features: Gas,Great Room,Library,Master Bedroom
  • Fireplace: Yes

Heating & Cooling

  • Heating features: 4+ Units,Forced Air,Zoned,Natural Gas
  • Cooling features: Central Air,Zoned

Interior Area

  • Total structure area: 14,000
  • Total interior livable area: 14,000 sqft

Kitchen

  • Features: Kitchen Island,Eat-in Kitchen,Separate Dining Area
  • Level: First
  • Area: 704

Living Room

  • Level: First
  • Area: 496

Master Bathroom

  • Features: Bidet,Soaking Tub,Stall Shower

Property

Details

  • Parcel number: 1604001800000000500000
  • Zoning description: Residential
  • Exclusions: See Listing Agent.

Features

  • Private pool: Yes
  • Pool features: Outdoor Pool,Heated,In Ground
  • Patio & porch: Deck,Patio
  • Exterior features: Tennis Court(s),Underground Lawn Sprinkler
  • Has spa: Yes
  • Spa features: Hot Tub
  • Fencing: Privacy

Lot

  • Lot size: 3.75 Acres
  • Features: Cul-De-Sac
  • Lot size dimensions: 163357 SQ FT

Parking

  • Total spaces: 4
  • Parking features: 1 Car Width,Additional Parking,Circular Driveway,Driveway-Exclusive,Lighted,Paver Block,Attached Garage,Built-In Garage,Finished Garage
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Cold Wave
Heat Wave
Strong Wind
Winter Weather

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $35,142$421,704
Home Insurance *$1,698$20,376
Property Taxes $14,111$169,332
Electricity $1,543$18,519
Total$52,494$629,928
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,799,794/yr
40% on housing$1,574,820/yr
45% on housing$1,399,840/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.4%
7.4%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$496This listing

vs Other Active Listings

Avg $/sqft

ZIP 07009$1,327
Essex County$382

vs Homes Sold Last Month

Median $/sqft

ZIP 07009$382
Essex County$391

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-15Price change$6,950,000
2025-09-26Listed for sale$7,200,000
2025-09-26Listing removed$7,200,000
2024-10-07Listed for sale$7,200,000
2024-09-16Listing removed$7,200,000
2023-08-24Pending sale$7,200,000
2023-07-28Listed for sale$7,200,000
2023-07-09Listing removed--
2022-10-08Price change$7,200,000
2021-10-07Listed for sale$7,800,000
2014-08-22Sold$5,900,000
2014-08-06Pending sale$7,400,000
2014-01-19Price change$7,400,000
2013-09-28Listed for sale$9,400,000
2013-07-22Listing removed$14,875,000
2012-10-03Listed for sale$14,875,000
2012-01-21Listing removed$18,000,000
2011-02-05Listed for sale$18,000,000
2001-09-19Sold$4,000,000
1996-06-04Sold$1,930,000

For Sale by Agent

AgentArlene Gorman Gonnella, Weichert Realtors
BrokerageWeichert Realtors

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