Melissa and Joe Gorga list 3 homes for sale, downgrade to $900K NJ pad

It seems like Joe and Melissa Gorga are working to get their finances in order.

The “Real Housewives of New Jersey” stars are selling three New Jersey homes they own after downgrading to a $900,000 Franklin Lakes pad, The Post can report.

These simultaneous listings come seven months after they officially sold their longtime family home for $2.5 million in February, property records show. 

It also comes months after the duo were accused of owing thousands of dollars to several employees who had worked for them, including their former real estate agent, Michelle Pais. But the Gorgas have denied this, calling it a case of miscommunication.

The first of two waterfront Toms Rivers properties they’ve listed, however, has spent years on and off the market.

First Toms River Home

The first Toms River home Melissa and Joe Gorga purchased back in 2005.
The first Toms River home Melissa and Joe Gorga purchased back in 2005.
Google
The pool.
The pool.
Realtor.com
The living room.
The living room.
Realtor.com
The formal dining room.
The formal dining room.
Realtor.com
The kitchen.
The kitchen.
Realtor.com

The Gorgas first purchased this vacation getaway home — made up of three bedrooms and two bathrooms — in 2005 for $450,000. Although they’ve been trying to get rid of it for nearly a decade, they haven’t had any luck.

In 2011, they attempted to sell the home for $520,000. But because they took out so many loans against the property, they would’ve still owed the bank about $1.5 million after interest during that period, records show.

A den.
A den.
Realtor.com
The master bedroom that leads to a terrace with waterfront views.
The master bedroom that leads to a terrace with waterfront views.
One of three bedrooms.
One of three bedrooms.
Realtor.com

The Gorgas even attempted to rent out the place a few times in hopes to have some consistent money coming in. 

Spanning over 4,700 square feet, the home was last listed in May for $650,000. They gave the home a price cut last week for $540,000 after still being unable to lure any buyers.

It could have something to do with the interior design of the home, which appears a bit outdated.

Second Toms River Home

The second Toms River waterfront home Melissa and Joe Gorga purchased in 2019.
The second Toms River waterfront home Melissa and Joe Gorga purchased in 2019.
Realtor.com
The bar area.
The bar area.
Realtor.com
The pool with water views.
The pool with water views.
Realtor.com
The outside deck.
The outside deck.
Realtor.com

Their second Toms Rivers vacation home was recently listed on Sept. 7 for $2.9 million — the same day they gave their other property a price cut.

This listing is a bit more interesting, as they only purchased the home two years ago — in July 2019 — for $975,000.

It is unclear why the Gorgas have decided to sell this home. The Post has reached out for comment.

The open floor plan boasts a dining area.
The open floor plan boasts a dining area.
Realtor.com
The living room.
The living room.
Realtor.com
One of seven bedrooms.
One of seven bedrooms.
Realtor.com
One of five bathrooms.
One of five bathrooms.
Realtor.com

Made up of seven bedrooms and five baths, the home spans over 3,500 square feet and has been renovated with all modern finishes.

Exterior amenities include an expansive in-ground pool on a double lot with 165 feet of water views on the Bayfront.

Investment Property in Paterson

1 of 2

The lot they bought in 2018 in Paterson, NJ.
The lot they bought in 2018 in Paterson, NJ, so that they can build a townhouse. Swipe right to see a sketch of the townhouse.

A rendering of the townhouse.
A rendering of the townhouse being built in Paterson, NJ.

Then, there is an investment property in Paterson they bought in 2018 for $149,000. The Gorgas flipped it and the home was listed a month ago for $525,000. If they score this sale, they would be making a hefty profit.

While construction is still pending, the home will be made up of six bedrooms and three bathrooms.

New Family Home in Franklin Lakes

Melissa and Joe Gorga's new family home purchased for $960,000 in June.
Melissa and Joe Gorga’s new family home was purchased for $960,000 in June.
Google maps

Meanwhile, the Gorgas purchased a new family home in Franklin Lakes, which they closed on June 15 for $950,000, property records show.

Although the initial home was made up of five bedrooms and six bathrooms, Melissa revealed that they were planning on deconstructing the property and designing a new home on the land to their liking.

Additionally, property records show they took another $500,000 loan to build the home, bringing total costs to $1.44 million.

The property will sit on nearly 1.5 acres of land, located in the West Gate Urban Farms community, The Post has learned.

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