Retro Fitness founder re-lists N.J. mansion at a discount, now only $3.2M (

After listing his 10,000-square-foot sprawling Colts Neck mansion for $3.6 million in November, Eric Casaburi, the founder and CEO of Retro Fitness, soon took the home off the market before 2018 hit.

It didn’t last long off the selling block. The mansion again popped up on the market on Friday, and this time at a discounted price.

Now listed for $3.2 million, the home, which is located on nearly four acres of land and has seven bedrooms and nine bathrooms, is a “sprawling compound” that will give the next owner “elite status,” according to the listing.

The massive home sits at the end of a long driveway and inside, it features “meticulously appointed millwork and stone work” throughout, creating spaces that are ideal for “elaborate entertaining.”

It wouldn’t truly be the home of the founder of Retro Fitness if it didn’t include a workout room stocked with the gym’s branded equipment. (It’s unclear if the equipment stays with the next owner.)

And while the listing boasts about the interior of the home and its ability to entertain, the amenities outside of the home may exceed what is inside the four-sided brick mansion. The outdoor space features a sizable patio with an outdoor kitchen and top-end appliances.

The “lavish” pool area is highlighted by multiple waterfalls, a skywalk bridge, a lazy river and a swim-up jacuzzi inside a waterfall grotto. There’s a 50-inch television in there to enjoy as well.

Property taxes for the home were $43,041 in 2017. Casaburi, and his wife, Kimberly, bought the home for $2.8 million in 2008, the year the home was built, according to property records.

Casaburi, a Marlboro native who launched the first Retro Fitness gym in Ocean County in 2004 (there are now more than 60 New Jersey locations and more than 100 nationwide) and has opened five Let’s YO! locations, also had a 2,330-square-foot beachfront home in Surf City on the market for $2.35 million last year. That home is now off the market.

According to his website, Casaburi also has a home in Orlando where he vacations with his wife and his four children. Retro Fitness is a $150 million a year business that serves over 500,000 members across 17 states, his website says.