Relocation of residents at the Montgomery Gardens in Jersey City, New Jersey has already started as the area prepares for a massive revitalization effort. The residents are being moved before dilapidated apartment buildings are torn down in the area. The city is one of the 17 U.S. areas that have received grants from the federal government's Choice Neighborhoods program.
Even though there is more and more foreclosed home for sale in New Jersey, there are not enough buyers or investors. This will definitely hurt the real estate market to say the least but also the economy of the state. Some of the experts from the industry has warned that New Jersey is heading towards [...]
Today, more than ever, there are more people who are looking for New Jersey foreclosure homes. They have become an excellent option against the continuous increases of real estate prices in the market. This makes New Jersey foreclosure homes more affordable even for average income earners.
