NATION : Nixon Home Brings $2.4 Million
SADDLE RIVER, N.J. — Former President Richard M. Nixon sold his seven-bedroom home for $2.4 million to a Japanese bussinessman last week, a realty agent said today.
Nixon and his wife, Pat, are moving to a three-bedroom condominium in Park Ridge, about a mile from their home in northern New Jersey. They decided the condo would be easier and less expensive to maintain, a spokesman said last spring.
The home was placed on the market with a $3.25-million price tag and was reduced to $2.9 million during the summer.
Real estate broker Mary Lenk confirmed the sale but would not identify the buyer.
The Nixons bought the house in 1981 for $1.25 million and made $300,000 in improvements, family spokesman John Taylor said in April.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
