Eddie Murphy slashes price of $30M New Jersey estate, Bubble Hill, to $15M

Funnyman Eddie Murphy won't be joking over this.

Nearly five years after his posh seven-bedroom Englewood, N.J., mansion went on the market for $30 million, the actor has slashed $15 million off the asking price.

And still no buyers.

The lavish gated estate, known as Bubble Hill, comes complete with a bowling alley, theater and recording studio.

It also has a full-size racquetball court, indoor pool, elevator and a carriage house with gym.

Annual taxes alone are $197,723.

"It's a beautiful house and 10 minutes from Manhattan," said real estate broker Dennis McCormack, of Prominent Properties Sotheby's International.