ALICIA KEYS and her husband SWIZZ BEATZ have an exclusive new address after purchasing EDDIE MURPHY's Bubble Hill estate in New Jersey.

The seven-bedroom mansion in Englewood cost the couple an estimated $12 million , according to RealEstalker.com.

Murphy has been reportedly trying to offload the property for more than seven years, and it comes with a recording studio, a bowling alley and a glass-roofed indoor swimming pool pavilion.

Reports suggest Keys and her producer/entrepreneur husband will also purchase a contiguous two-acre lot with additional living space, a children's playground and a tennis court.

Keys and Swizz Beatz are still trying to sell the New York City pad they bought from Lenny Kravitz in 2010.