Shadow Lawn Mansion in West Long Branch, New Jersey
How much is a 130-room mansion on the Eastern Seaboard worth? If you guessed $1,000,000, $5,000,000, or even $10,000,000, guess again. Despite its formidable marble staircase, two elevators, and Louis XV-style living room, the impressive former home of F.W. Woolworth Company president Hubert T. Parsons sold for the dirt-cheap price of $100 after Parsons was financially devastated by the Great Depression. Fortunately, the mansion reached a happy ending when it became part of Monmouth University in 1956.