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Jersey Home of Publishing Baron Malcolm Forbes Asks $3.4M

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Location: Bedminster, N.J.
Price: $3,400,000
The Skinny: The New Jersey estate where late publishing legend Malcolm Forbes raised his five children has been listed, by his son, for $3.4M. Known as Timberfield, the estate was nearly 200 years old by the time the Forbes clan purchased it in 1950. Over the years, the publisher added a bomb shelter and swimming pool, and stored much of his extensive motorcycle and automobile collection on this property, but he also collected other notable real estate—including a Greenwich Village townhouse, famous for the elaborate parties Forbes hosted there, which sold in 2012 for $7.5M. The bucolic Timberfield might be cheaper, but it enjoys far more elbow room, with 24.5 acres in the initial offering, plus an extra 9.5 acres available for an additional $850K.

· 95 Old Dutch Pl [Zillow]
· Malcolm Forbes' NJ Estate Listed for $3.4 Million [Zillow Blog]
· Village's Forbes Townhouse Sells at 47.5 Percent Discount [Curbed NY]