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Foreclosures drop to five-year low in N.J., N.Y. markets

Summary by ROI-NJ
PropertyShark, a provider of online real estate database and property research, said in its latest foreclosure report that the New York metro area, including 12 New York and 12 New Jersey counties, posted its slowest first quarter in five years as first-time foreclosures dipped 7% year-over-year to 1,503 cases.    The metro’s New Jersey markets slowed 8% year-over-year to 601 first-time filings. Even so, the market was not without its extremes. …
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ROI-NJ broke the news in on Tuesday, April 15, 2025.
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