Teresa Giudice and Joe Giudice Selling New Jersey Beach House: Couple Is ''Very, Very Concerned'' Ahead of Court Date

Couple also listed their NJ mansion earlier this month

By Alyssa Toomey Sep 16, 2014 6:33 PMTags
Teresa Giudice, Joe Giudice, Beach Haven WestJason Winslow / Splash News

As Teresa Giudice and Joe Giudice's court date approaches, the Real Housewives of New Jersey stars have quietly listed yet another home in the Garden State, E! News confirms. 

The Bravolebrities, who pleaded guilty to multiple fraud charges in Newark Federal Court in March, have put their beach house on the market as their Oct. 2 sentencing nears. We're told that for now, that's all their selling, as their cars are all leased. 

Joe and Teresa are "very, very concerned," their legal crisis manager Wendy Feldman tells E! News. "They're nervous, as any couple going through a sentencing would be. And they're doing this while trying to maintain Teresa's career. It's a really, really unique case. Never before have a husband and wife been up for sentencing while on a live TV show. Right now, there's a ton of work going on behind the scenes."

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Earlier this month, E! News confirmed that the Giudices have quietly listed their New Jersey mansion for $3.99 million. The couple purchased the luxury pad in 2002 for $530,000. 

Jason Winslow / Splash News

"This is a house that has a lot of bad memories for them," a source told E! News at the time. "It's time for a change. They feel it will be a positive one."

When asked if the duo will be downsizing, the insider replied, "They want to move into a space that's less about entertaining and more about family." 

According to the couple's 2010 bankruptcy filing, the Giudices own three homes. The house that they most recently listed, which is located in Stafford, N.J., was valued at $337,000 that same year. 

Meanwhile, the Real Housewives stars' sentencing, which was originally scheduled for July, has been delayed yet again (it was pushed back to September following the death of Joe's father) and is now scheduled for Oct. 2. They have both charged with conspiring to defraud lenders and illegally obtain mortgages and other loans, as well as allegedly hiding assets and income during a bankruptcy case. The 39-count indictment claimed the couple committed mail and wire fraud, bank fraud, made false statements on loan applications and bankruptcy fraud. It also charged Joe, 43, with failure to file tax returns from 2004 to 2008, during which time the father of four allegedly earned nearly $1 million (in total, the Giudices were accused of obtaining more than $5 million in bank loans due to fraudulent and falsified paperwork). 

Jason Winslow / Splash News

Joe faces a potential sentence of 37 to 46 months in jail while Teresa could get 21 to 27 months. 

"Today, I took responsibility for a series of mistakes I made several years ago," Teresa said in a statement following her guilty plea. "I have said throughout that I respect the legal process and thus I intend to address the court directly at sentencing. I will describe the choices I made, continue to take responsibility for my decisions, and express my remorse to Judge Salas and the public. I am heartbroken that this is affecting my family—especially my four young daughters, who mean more to me than anything in the world. Beyond this, I do not intend to speak specifically about the case outside of court, at the recommendation of my attorney and out of deference to the government and our legal system."