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Russell Simmons recently sold his New Jersey mansion at a reduced price of $10-million.

As reported by Homes  Of  The  Rich, the home originally went on the market for $24-million and then dropping down to $20-million.

The home has approximately 35,000 square feet which includes a 50-seat home movie theatre and indoor pool.

The home sold on February 15th to an anonymous buyer.

Simmons previously lived at the home with his ex-wife Kimora Lee Simmons and their two daughters.

The mansion was also featured on episode of “MTV Cribs


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