Rosie O'Donnell's recently-sold New Jersey mansion is being turned into a series of affordable housing units, a new report states.
The New York Post said the comedian sold the home last month at a $1 million loss after it sat on the market for five years. As part of a landmark public court settlement with Fair Share Housing Center, the home will be bulldozed and the 5-acre property will be converted into 60 units — of which 20% will be used for affordable housing.
The ritzy community, which includes Ja Rule and Mary J. Blige, is said to be up in arms over the plans.
"The developer plans to segregate the units, instead of integrating them with the high density multi-family housing," a source said, while adding that "only eight are set for low and moderate income and the developer will stick the eight units in the back corner of the property instead of integrating, so everyone will know these are the homes saved for the poor."
The property is pending a purchase by the Bergen County Borough through Saddle River Investors.
Court records obtained by the Post show that the plans for what would become of Rosie's former home was settled when Bergen County Borough agreed to include the actress's property and two other neighboring properties that span 10 acres.
"It makes no sense and it's creating a further divide between the wealthiest and the non [wealthiest]," an outraged resident said. "There is not even public transportation here!"
Rosie currently lives in an $8 million penthouse in New York City.
A rep for the Fair Share Housing Center told The Post that local developers had an "obligation to zone."
"It's one of the most exclusive towns in the country," the rep said. "Our role didn't have to do with the sale itself. We negotiated a housing agreement and the town allowed the redevelopment on O'Donnell's site. It is a prime piece of real-estate leverage for affordable housing."
New Jersey State Senator and former resident of Saddle River, Holly Schepisi, said the mansion-to-affordable housing plan doesn't make any sense.
"The town itself is against [it] but they had no choice," she said. "Everything is out of pocket here. Pay out of pocket for sports, schools… how is somebody with very little income viable to live in this town?"
Rosie purchased the 9,173 square foot home in 2013 for $6.3 million. It has six bedrooms, nine bathrooms, a basketball court and an elevator. The property also has a full guesthouse.