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Jamaica Foreclosures

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New Foreclosures August 2008

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Foreclosure Properties
Street/City/State/Zip Status Beds/Baths Amount
Foreclosure Auctions NA / NA NA
Pre-foreclosures NA / NA NA
Pre-foreclosures NA / NA NA
Pre-foreclosures NA / NA NA
Pre-foreclosures NA / NA NA
Pre-foreclosures NA / NA NA
Pre-foreclosures NA / NA NA
Pre-foreclosures NA / NA NA
Pre-foreclosures NA / NA NA
Pre-foreclosures NA / NA NA
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New York Trends JUL. YTD.
New Foreclosure Filings 6,16748,255
Foreclosure Sales 2022,358
Avg Sales Price $ 241,204$ 193,089
Total Savings 36 % 35 %
Fair
0% – 10%
Good
11% – 30%
Excellent
31% +
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RealtyTrac Information Centers

 

Jamaica is a neighborhood in the southeastern part of the borough of Queens in New York City. Jamaica is the largest and most densely populated neighborhood in central Queens, with 650,000 people residing in the downtown’s market area. Recently, Jamaica has attracted many immigrants. More than 73 percent of the residents are non-white Hispanic, Asian-American and African-American ethnic minorities, many of whom are immigrants. Jamaica has a median household income of $25,000.

Geographically, Jamaica is divided into "South Side" or "North Side." North Side refers to neighborhoods north of downtown Jamaica, including Hollis and Queens. It is a vibrant middle class neighborhood, mainly African-American, with tree-lined streets of single- and two-family homes. Southside Jamaica is also predominately African-American, though more and more immigrants from Latin America and the Caribbean have moved in since the 1970s. The South Side is a working-class neighborhood mostly of one-and two-family houses and small apartment buildings.

Real estate investors, agents and homebuyers interested in successfully locating foreclosure properties in Jamaica need only look to RealtyTrac for all their foreclosure and real estate needs, including pre-foreclosure information, foreclosure auctions, bank-owned foreclosures, for sale by owner (FSBO) homes, resale MLS homes and new homes for sale.

Buying foreclosed real estate is an alluring idea, particularly in Jamaica, where nearly everyone is scrambling for a deal. With a growing population, Jamaica is an ideal foreclosure market. With over 1 million properties that are updated daily, RealtyTrac is your one-stop source for Jamaica pre-foreclosures, bank foreclosures, for sale by owner (FSBO) homes, homes foreclosed via auction and new homes and MLS listings.

At RealtyTrac, we look to help you navigate the foreclosure process by supplying you with the most up-to-date list of Jamaica foreclosures, along with the latest in real estate news and information on foreclosure activity in Jamaica and beyond.

State Facts
  • State Population: 19,254,630
  • Households: 7,853,020
  • Median Home Price: $369,778
  • State Foreclosure Trend:
Top 5 Foreclosures States
five
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