NEW YORK, New York -- Whitney Houston has reportedly put her New Jersey home on the market.

The singer is offering the home, located in Menham, N.J., for $2.5 million, although it is worth $5.6 million, according to several reports.

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The asking price is $200,000 less than what Whitney paid for the home in 1987, according to NJ.com.

According to the listing, the home features five bedrooms and four-and-a-half bathrooms.

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The home features "circular-themed interior spaces," according to the listing.

It is located on just over 5 acres of land and is gated.

Whitney married ex-husband Bobby Brown in the home, according to People.

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The singer nearly lost the home in 2006, after failing to pay taxes over four tax periods, NJ.com reported. Whitney's mortgage company filed a lawsuit in 2006 against the singer, claiming she owed $1.04 million related to the property. The lawsuit was eventually resolved.

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