New Jersey

New Jersey Bank Foreclosures:

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Foreclosure rate in New Jersey soars by 140 percent and has spiked dramatically, jumping from April to June to more than 17,000. New Jersey foreclosures are now the 12th highest rate of foreclosure filings, which is up from 16th place in the first quarter of the year, 2008. Compared to other states like Nevada and California, the number of New Jersey foreclosures are not a significant amount.