A $9.25 Million Saddle River Estate Sale

Set on approximately 2.1 acres, 23 E Denison Drive is an approximately 11,581-square-foot residence designed around estate-scale living, privacy, defined interior spaces and substantial outdoor grounds.

The property combines architecture by Jordan Rosenberg, construction by Park Hill Development and interiors by Vanessa DeLeon Associates. The home includes six bedrooms, eight full bathrooms and two half bathrooms.

The exterior composition includes NuCedar, a slate roof and mahogany detailing, while the grounds incorporate established landscaping, gardens, stonework, a pool and a cabana. Inside, the scale of the rooms and the individual design of the living spaces create a residence that is substantial without depending on square footage alone to define its market position.

That distinction matters in the upper tier of the Saddle River luxury real estate market. Buyers evaluating properties at this level consider architecture, construction, interior execution, acreage, privacy, outdoor amenities, condition and the overall composition of the estate.

According to the NJMLS property record, Michele Kolsky of Coldwell Banker, Fort Lee, served as the listing agent. Jason Pierce and Richard Orlando of New Jersey Proper at Prominent Properties Sotheby’s International Realty served as co-listing agents.

“Closing 23 E Denison Drive at $9.25 million establishes an important 2026 benchmark for Saddle River. The result reflects careful positioning, collaboration and disciplined execution. To have represented a party in each of the five highest-priced qualifying NJMLS residential sales since the start of 2024 also speaks to the consistency of our work across Northern New Jersey’s luxury real estate market.”

— Jason Pierce, Founder and Team Lead of New Jersey Proper

Five Highest-Priced Qualifying NJMLS Residential Sales Since January 2024

The review covered NJMLS residential sales from January 1, 2024 through August 18, 2026 and included the Single Family, 2–4 Family, Condo/Townhouse and Coop property categories.

No transaction identified in the two-to-four-family, condominium, townhouse or cooperative categories exceeded the prices of the five sales shown below.

The Five Transactions

A Pattern of Results Across Three Calendar Years

The importance of the 23 E Denison Drive closing extends beyond one property or one year.

During 2024 and 2025, New Jersey Proper represented clients in 7 of the 10 highest-priced residential sales reported by NJMLS, including the four highest transactions identified during that two-year period. The addition of 23 E Denison Drive extends the team’s upper-tier transaction record into 2026.

The transactions include different architectural styles, municipalities, clients and market conditions. The record also includes both buyer-side and listing-side participation, demonstrating experience across more than one role in a major residential transaction.

At this level of the market, the number of qualified buyers is relatively limited and each property requires an individual strategy. Pricing, presentation, buyer relationships, negotiation, inspection management, legal coordination and the ability to maintain momentum through closing can all affect the final outcome.

The closing price is the public result. The work required to reach that result is property-specific and often considerably more complex.

What the Closing Means for Saddle River Luxury Real Estate

Significant closed sales provide important reference points for Saddle River homeowners, buyers, appraisers, attorneys, builders and developers.

Unlike an asking price, a closed sale reflects a completed agreement between a buyer and seller. The $9.25 million closing at 23 E Denison Drive therefore establishes a current market result against which other substantial Saddle River properties can be evaluated.

It should not, however, be treated as a universal valuation formula.

Two estates with similar bedroom counts or interior square footage may carry materially different values. Relevant factors include acreage, usable land, privacy, street location, architecture, construction quality, interior design, ceiling heights, condition, renovation history, outdoor amenities, landscaping, mechanical systems, competing inventory and buyer demand at the time of sale.

A proper luxury-home valuation therefore requires more than applying a general price-per-square-foot figure. The complete property and its market position must be evaluated.

Why Closed Sales Carry More Weight Than Asking Prices

Northern New Jersey regularly has substantial residences offered at significant asking prices. Those prices are relevant because they define the available competition, but they do not establish what the market ultimately accepted.

A verified closing provides a more concrete data point. It shows the amount a buyer agreed to pay and a seller agreed to accept under the circumstances existing at that time.

At the highest price levels, where the number of comparable transactions is small, each verified sale can carry greater analytical importance. That makes the $9.25 million result at 23 E Denison Drive relevant not only to the property’s participants, but also to other parties evaluating significant homes in Saddle River and the surrounding Northern New Jersey luxury market.

How the Residential Sales Ranking Was Determined

The rankings in this article are based on NJMLS Agent Single Line sold-property searches reviewed by New Jersey Proper on August 18, 2026.

The searches used sold dates from January 1, 2024 through August 18, 2026 and were sorted by sold price in descending order.

New Jersey Proper separately reviewed the included non-single-family residential categories. No two-to-four-family, condominium, townhouse or cooperative sale identified in the review exceeded the prices of the five transactions listed in this article.

The ranking is therefore limited specifically to qualifying residential transactions reported by the New Jersey Multiple Listing Service. It should not be interpreted as including every private, off-market or non-NJMLS transaction completed in New Jersey.

NJMLS information is deemed reliable but not guaranteed. Rankings may change as additional transactions close or existing records are entered, corrected or updated.

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