Sprawling 26-acre New Jersey estate goes to auction without a reserve price – Know why

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New Jersey estate goes to auction on Thursday, October 15, 2026, presenting a rare opportunity for buyers to acquire a luxury property without a set minimum price. Specifically, Platinum Luxury Auctions will host the event at 6 p.m. ET for the sprawling 26-acre Hopewell estate. Furthermore, the highest bidder secures the property regardless of the final winning bid amount.

Spanning 15,146 square feet with custom architecture and luxury amenities

The magnificent main residence spans 15,146 square feet, featuring custom brick construction, a slate roof, and copper gutters. Additionally, the interior boasts custom woodwork, twelve gas fireplaces, and a grand two-storey foyer with a double staircase.

Furthermore, entertainment options include a two-storey library with a billiard lounge, a private cinema, a commercial-grade pub, and a 3,000-bottle wine cellar. Meanwhile, outdoor recreational facilities feature a tennis court, putting green, swimming pool, and a spring-fed two-acre pond.

Property Feature / SpecArchitectural Details & Luxury Amenities
Auction Date & TimeThursday, October 15, 2026, at 6:00 PM ET
Main Estate Size15,146 square feet on 26 acres in Hopewell, New Jersey
Previous Listing PricePreviously listed on the market at $7.75 million
Interior Highlights12 gas fireplaces, private lift, wine cellar, and cinema room
Outdoor AmenitiesTennis court, putting green, swimming pool, and 2-acre pond
Adjacent Land OptionSurrounding 102-acre parcel also available separately for $3 million

Flexible acquisition options with an adjacent 102-acre parcel

In addition to the main residence, bidders can also target an adjacent 102-acre parcel currently listed for $3 million. Specifically, this surrounding land offers buyers the choice to maintain absolute privacy or potentially subdivide the plot for future luxury developments.

Platinum Luxury Auctions president Trayor Lesnock noted that an auction encourages direct competition among buyers rather than waiting for traditional offers. Therefore, as this magnificent New Jersey estate goes to auction, luxury real estate investors prepare for a competitive bidding showdown.

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