NJ Housewife Teresa Auctions Off Contents of Foreclosed Mansion

Entertainment Jul. 26, 2010 AT 2:30PM
NJ Housewife Teresa Auctions Off Contents of Foreclosed Mansion Credit: Mike Coppola/Getty Images

Want a taste of Jersey-style luxury and abundance -- and reality-TV history?

The contents of Real Housewives of New Jersey's Teresa and Joe Giudice's Towaco mansion will be sold in a bankruptcy auction scheduled for August 22, as first reported by Gawker.

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Among the many items up for the highest bidder in the auction: a grand piano, two flat-screen TVs, a steel snow plow, a suit of armor, an oversized wall mirror, a stainless steel oven range, a jet boat, an antique-style pool table, a decorative urn, framed paintings, a foosball table and much more. As facilitated by A.J. Willner Auctions, the sale will be held on the premises of their 16 room, 10,000 square-foot house.

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Faced with $11 million in debt, the Giudices filed for chapter 7 bankruptcy in June.

Teresa, 38, explained to UsMagazine.com in a statement: "Due to the economy, most of my husband's real estate ventures failed despite his hard work and effort. As a result, we looked to the Bankruptcy Court for a 'fresh start.'"

Teresa and Joe have four daughters: Gia, 9, Gabriella, 5, Milania, 4, and Adriana, 9 months.

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"Staying positive is the only thing I could do," she added to Us at an event in June. "I have moral support; I have my daughters and my husband. As long as we're in good health, that's all we can do. I think this kind of situation is all over the world."

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