Archive for Tag: foreclosure

Foreclosure spike underscores N.J.’s unaffordability, say Auth and Sawyer

TRENTON, N.J. – New Jersey’s second-highest-in-the-nation foreclosure rate for the most recent quarter is alarming but not surprising, say Assemblyman Robert Auth and Assemblywoman Beth Sawyer. Both lawmakers have their finger to the pulse of the housing market as Realtors and say a recent foreclosure report highlights New Jersey’s...

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Dancer legislation addressing derelict properties becomes law

TRENTON, N.J. – In an effort to prevent derelict buildings from becoming a neighborhood nuisance, Assemblyman Ron Dancer shepherded a bill through the Legislature that allows municipalities to hold owners responsible for maintaining vacant or abandoned residential and commercial properties. It was signed into law by Gov. Phil Murphy...

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Dancer legislation aiming to eliminate neighborhood eyesores clears committee

TRENTON, N.J. – The Assembly Community Development and Affairs Committee cleared legislation holding owners responsible for maintaining vacant or abandoned residential and commercial properties. “Overgrown and derelict properties bring down the value of everyone’s homes and local businesses,” said Assemblyman Ron Dancer, a prime sponsor of the bill. “To...

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