Kimora Lee & Russell Simmons Finally Sell NJ Mansion!

Jul 13, 2010 - Los Angeles, California, USA - KIMORA LEE at the 'Inception' Los Angeles Premiere held at Grauman's Chinese Theater, Hollywood. © Red Carpet Pictures

I thought that Kimora and Russell would have been sold that house in NJ ( I think its the one that was in her show). But I guess the market was too low for them and they waited and got a good price for it. They have been divorced for a while…it was time!

According to Page Six…the Mansion sold for a little over $19 M.

Sometimes, a fabulous price cut is all it takes. Miss Fabulosity Kimora Lee Simmons and her ex, Russell, have finally signed a con tract to sell their sprawling 35,000-square-foot mansion in Saddle River, NJ, for close to its last asking price of $13.9 million, reports The Post’s Jennifer Gould Keil. The unknown buyer is paying far less than the $23.8 million price tag of two years ago. The house, on four acres, includes indoor and outdoor pools. Listing broker Stephanie Rosken, of Prominent Properties Sotheby’s International Re alty, had no comment.