Blauvelt Mansion's Mortgage Purchased in Uncontested Bid for $100

CareOne purchased the historic mansion's $3.9 million mortgage during an auction on Friday afternoon

The "jewel of Oradell" was officially sold to CareOne on Friday afternoon following an uncontested bid on the Blauvelt Mansion's $3.9 million mortgage in Hackensack.

CareOne and its subsidiary Blauvelt Associates, bought the mortgages of the 116-year-old house with an uncontested bid of $100, according to a report on nj.com.

The auction came after months of postponements beginning with Hurricane Sandy's wrath, Bergen County Sheriff Michael Saudino pushed the sales to December 2013 to allow residents time to recover from the storm. During the delay, the $1.9 million mortgage was increased to approximately $3.7 million following a recent assessment of the 4-acre property.

The two mortgages were scheduled to be sold on Jan. 4 but were pushed back to March 22.

The historic mansion, built in 1896 for Kimball Chase Atwood and later sold to Hiram Blauvelt, was initially scheduled for a mortgage sale in early November 2012 for a $1.9 million mortgage before the inclusion of a smaller  was added.

Owned by the Wells family since 1979, CareOne purchased the property in January 2011. Shortly thereafter, the Wells family moved out of Oradell and that same year the Mansion was named one of the 10 Most Endangered Historic Sites in New Jersey.

In the past, former owner Wells and CareOne had twice been rejected by the borough Zoning Board of Adjustment to construct an assisted living facility on the front lawn. Wells later took CareOne to court after the company reneged on a prior agreement to continue making $15,000 a month in mortgage payments.

At the time the Wells family moved out in spring 2011, the property was carrying a mortgage of roughly $2.5 million and had been placed in foreclosure the prior year.

The Blauvelt Mansion was also the focus of an independent film "Bluefields" which premiered in October 2012.

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miriam pickett March 23, 2013 at 01:09 PM
joseph toth March 23, 2013 at 01:33 PM
So much for our history.
Tomasina Schwarz March 23, 2013 at 02:18 PM
In one of the most richest countries in the world, we do not seem to value historic land or buildings. Imagine if the pyramids were in our country-they would be riddled with urine and graffiti because if a piece of property cannot produce mega profits it seems to be worthless to Americans. This is testimony to the way we live our lives in America. We don't seem to value things unless they are profitable.
miriam pickett March 23, 2013 at 05:10 PM
I have lived in Bergen County 37 years and can't imagine driving along Kinderkemack Road and not seeing the mansion. I am so sorry it couldn't be saved.
Peter Blauvelt March 24, 2013 at 04:34 AM
This is sad, I spent many hours playing here as a child.
Hank March 24, 2013 at 12:48 PM
Care One charges $10,000 per month for elder care. 3.9 million is chump change to them
sam March 24, 2013 at 12:54 PM
Where in the story does it say that the house is going down?
Donna Casella Polles March 24, 2013 at 02:52 PM
Care One is going to build one of their ugly assisted living homes on the front lawn?! Shame on you Care One! That wonderful mansion is a lovely landmark! What a disgrace to our area. I don't understand how the town is allowing this.
Eamon Harbord March 24, 2013 at 05:05 PM
Sam, Currently CareOne has not announced their plans for the Mansion. But since they now own it, they could very well proceed with their prior plans for an assisted living home on the property. They would still need approval from Oradell and Bergen County before they could build anything though.
robin commerford March 24, 2013 at 05:20 PM
Yes it's sad but I hope care one puts something there we can all live with.
Lori Barton March 24, 2013 at 05:22 PM
We can only hope that both Oradell and Bergen County will honor the status that this is on the list of the 10 Most Endangered Historic Sites In New Jersey. Once it's gone, it can't be replaced.
Linda Korzelius March 24, 2013 at 09:26 PM
It's very sad to see yet another historic site lost to the area. Why can't someone who actually cares about preservation of the area history take over these endangered homesteads. All we can do is hope Care One shows some respect.
Tomasina Schwarz March 25, 2013 at 05:35 PM
Sam, it's the story of life! Now let's see if our zoning board bends over backwards to help them develop the property with a ton of variances just like in the case of habitat for humanity. I wrote our legislators and expressed my disappointment of this sale. Our legislators actually celebrated historical preservation at the mansion a little over a year ago!
Cranky Fake March 25, 2013 at 06:54 PM
@tomasina You have previously stated you were opposed to towns stepping in to buy properties. Would you have been opposed to Oradell buying the property? Because now it appears that you are going to have a nursing home across the street from the other one.
Tomasina Schwarz March 25, 2013 at 07:30 PM
Oradell cannot buy a $3.7million property. This is the problem, buying properties is not the answer. Creating policies for open space could have saved the front lawn of the mansion with a state or federal grant, not really sure what was available to the town for open space preservation. The water works jewel is still a diamond in the rough-another example of the challenges of preserving history. The Civil War battlefields are in danger of being developed into condos-this says it all!!! Disney wants to buy them!!!!
Carol Ann Seidel March 30, 2013 at 12:38 AM
I concur, damn sad state of affairs.


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