Thanks To Kendu. Mary J. Blige Could Suffer $5.3 Million Loss On New Jersey Estate

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Earlier this month, Mary J. Blige talked about her financial  problems in a recent interview with New York Mag. Click Here if you missed the story.

Fast forward…

Mary J. Blige could face a loss as she looks to unload her sprawling New Jersey estate, this as she faces paying back taxes to the IRS and providing $30,000 monthly in spousal support to her estranged husband, Kendu Isaacs.

According to Variety reports, Mary J. Blige is riding a well-deserved professional crest with two Oscar nominations — one for supporting actress and one for original song, both for the acclaimed Netflix period drama “Mudbound” — but the R&B/hip-hop icon is also looking at a heart-stopping financial loss on a lavish, gated estate in Saddle River, N.J., that she bought in 2008 for $12.3 million and now has for sale at just under $7 million. Even if Blige manages to land a full-price buyer, she’s still faced with a pocketbook-punishing loss of more than $5.3 million, not including carrying costs, improvement expenses and real estate fees…

The nine-time Grammy winner, who owes millions to the IRS in unpaid taxes and forks over $30,000 per month in spousal support to her estranged husband, Martin “Kendu” Isaacs, has long owned a substantially smaller, 6,200-square-foot contemporary residence in Cresskill, N.J., that she scooped up in 2001 for $1.95 million.

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