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'Real Housewife' Teresa Giudice shaves $500,000 off her New Jersey home listing price

On the heels of "The Real Housewives of New Jersey" reunion this week, Teresa Giudice and her husband, Joe, have slashed the price of their home by $500,000. It's now listed at $3.499 million. After pleading guilty to a money fraud scheme, the reality stars put their ornate suburban mansion on the market earlier this fall for an original asking price of $3.999 million.The custom-built home in To
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Courtesy of Zillow

On the heels of "The Real Housewives of New Jersey" reunion this week, Teresa Giudice and her husband, Joe, have slashed the price of their home by $500,000. It's now listed at $3.499 million. 

After pleading guilty to a money fraud scheme, the reality stars put their ornate suburban mansion on the market earlier this fall for an original asking price of $3.999 million.

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The custom-built home in Towaco is lavishly decorated with marble floors, custom moldings and lots and lots of chandeliers. The front door opens to two gold-trimmed Cinderella staircases under a massive crystal chandelier.

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Upstairs, a girl’s bedroom is painted bright pink and outfitted with a cheetah-print sofa and a poster that says “Be Fabulous.” The Giudices have four daughters.

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Much of the “Housewives” plot surrounding Teresa and Joe has centered on their money troubles, but it all came to a head last year when the couple were indicted for a long list of fraud charges.

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They made a deal with the feds this spring and now both are headed to prison — Teresa for a maximum of 27 months and Joe for a maximum of 46 months. 

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Emily Heffter, a reporter and writer for Zillow Blog, covers celebrity real estate, unusual properties, and other real estate topics. Read more of her work here.