Lil’ Kim’s NJ Home Up for Auction With Opening Bid of $100
Lil’ Kim has finally left her New Jersey mansion last year after it fell into foreclosure in 2010 and now it’s up for sale.
Realtor.com is reporting that Kim’s spacious home in Alpine, N.J., is up for auction with a measly starting bid of $100.
This is a huge discount considering that the property was recently appraised at over $3 million. Lil’ Kim only paid $2.3 million for the home back in 2002.
The 6,000-square-feet home was built in 1989 and boasts plenty of amenities including a tennis court.
The home had become a financial burden for Lil’ Kim in the past several years. According to NJ.com, HSBC Bank initiated foreclosure proceedings in 2010 and then entered into mediation with the Brooklyn rhymer in 2015.
Last May, a judge ruled that Kim was in default. As a result, the home is being auctioned off by the Bergen County Prosecutor's office on May 11 at 2PM ET.
Lil’ Kim hasn’t been in the home since October. There’s no word on where the veteran rapper is living at now but we are quite sure she and her young daughter, Royal Reign, are resting comfortably in new digs right now.
For more information on how you can purchase Lil' Kim's home, head over to auction.com.
Check out Dr. Dre's New $4.9 Million Home