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Meantime, the median price of a single-family home statewide has climbed 71% in five years, while the inventory of homes for sale has declined by 65% during that time, according to the New Jersey ...
The law takes effect as the inventory of single-family homes for sale in New Jersey has plummeted since the pandemic, from nearly 42,489 in June 2019 to 14,801 in June 2024, or 65%.
The Fair Foreclosure Act (FFA), N.J.S.A §§ 2A:50-53 to 2A:50-73, is a state law that protects residential mortgage debtors and establishes a uniform statutory framework under which courts can more clearly identify the rights and remedies of the parties involved in foreclosure proceedings throughout New Jersey. [1]
Ocean County foreclosure sales resume: ... In New Jersey, median home prices were $599,000, the same as June. The median New Jersey home listed for sale had 1,762 square feet, with a price of $310 ...
There are more than 1,700 listed sites in New Jersey. Of these, 58 are further designated as National Historic Landmarks. All 21 counties in New Jersey have listings on the National Register. This National Park Service list is complete through NPS recent listings posted January 17, 2025. [1]
The foreclosure process begins when a financially distressed homeowner fails to make a loan payment and is served with a summons from his or her creditors. After service, papers will be filed with the county clerk's office and be made a matter of public record (in some areas the place where deeds and mortgages are registered may go by a different name, such as the office of the land registrar).