Actor Eddie Murphy has continued the price chopping of his 'Bubble Hill' estate in Englewood Cliffs, N.J., which he first listed in 2004 for $30 million, and subsequently reduced to $27 million and then to $22 million.

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Now, the New York Post's Braden Keil is reporting today that Murphy has cut the 25,000-square-foot, 32-room Colonial mansion's asking price even further, to $19.5 million. Features on the estate, which Murphy purchased in 1986 for a reported $4.5 million, include a screening room, bowling alley, indoor pool, gym, guest house, and professional music studio, all on five gated acres. The estate is at 191 Brayton Street and also at 286 Johnson Avenue in Englewood, which is just across the Hudson River from New York City's Harlem neighborhood.

Murphy also has reduced the price of his 205-acre 'Clove Hill' farm in Dutchess County, N.Y., which he first listed for $12.75 million, and then reduced to $9.9 million. Now, 'Clove Hill,' which has an 11,500-square-foot, five-bedroom main house with seven baths, a lake, a pool, a pool house, a tennis court, a movie theater, a game arcade and a horse barn, can be yours for $8,995,000, Keil reported.

Even if he sells these two estates, Murphy won't be out on the street. He continues to own a 10-bedroom, 18,598-square-foot mansion on 4.373 acres at 19 Beverly Park Drive in Beverly Hills, Calif., according to public records. That house was built in 2003 after Murphy paid exactly $10 million for the land underneath it in early 2001, according to public records.