Community Corner

Report: 'Housewives' Couple Owes Three Times More Than List Price of Shore Home

Gorgas also listed Montville home for $3.8 million in May.

Joe and Melissa Gorga, stars of "The Real Housewives of New Jersey" and residents, may not get such a great deal on their home in Toms River that went on the market last week for $520,000.

According to the Daily Mail, the Gorgas, whose year-round home in Montville is on Pond View, allegedly took out several loans to pay for the Toms River home and will still owe approximately $1.5 million once it is sold. The Daily Mail reported that the Gorgas purchased the home for $450,000 in 2005 but refinanced for a $2.25 million mortgage.

Read the full story from the Daily Mail here.

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Last month, the Gorgas . This is the second time the Gorgas have tried to sell that property since 2010.

Read more Montville Patch coverage of "The Real Housewives of New Jersey" here.

Find out what's happening in Montvillewith free, real-time updates from Patch.


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