New Jersey Real Estate Trends

54,339 Foreclosure Homes  |  $237,439 Average Foreclosure Sales Price

October 2009 Foreclosure Rate Heat Map

Essex

1,027 foreclosure properties
1 in every 302 housing units

Union

624 foreclosure properties
1 in every 315 housing units

Passaic

498 foreclosure properties
1 in every 345 housing units

Atlantic

343 foreclosure properties
1 in every 368 housing units

Sussex

155 foreclosure properties
1 in every 390 housing units

Gloucester

223 foreclosure properties
1 in every 478 housing units

Cumberland

115 foreclosure properties
1 in every 480 housing units

Camden

422 foreclosure properties
1 in every 486 housing units

Middlesex

590 foreclosure properties
1 in every 487 housing units

Ocean

560 foreclosure properties
1 in every 487 housing units

Burlington

345 foreclosure properties
1 in every 506 housing units

Mercer

277 foreclosure properties
1 in every 506 housing units

Monmouth

494 foreclosure properties
1 in every 516 housing units

Bergen

671 foreclosure properties
1 in every 520 housing units

Salem

47 foreclosure properties
1 in every 585 housing units

Hudson

413 foreclosure properties
1 in every 616 housing units

Warren

71 foreclosure properties
1 in every 640 housing units

Cape May

133 foreclosure properties
1 in every 766 housing units

Somerset

154 foreclosure properties
1 in every 788 housing units

Morris

229 foreclosure properties
1 in every 806 housing units

Hunterdon

44 foreclosure properties
1 in every 1108 housing units

Foreclosure Rate Heat Map
What are new foreclosures as a percentage of the housing market?
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1 in every 11,495
housing units received a foreclosure filing in October 2009

Foreclosure Activity Counts - NJ

New Foreclosures
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Total New Foreclosure Activity
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Foreclosure Activity and Home Price Index - NJ

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Foreclosures and Home Price Index
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Foreclosure Activity and 30-Year Interest Rate - NJ

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Foreclosure Activity and Interest Rate
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Foreclosure Activity by Month - NJ

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Foreclosure Activity by Month
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6 Month Trend
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NJ Values

Est. Median Home Value
12-month Change
Household Count

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Hot Foreclosure States

States with the largest % of savings based on October 2009 avg. sales price vs. avg. foreclosure sales price.

State Foreclosure Savings
Arizona 54%
New Jersey 49%
Ohio 44%
California 43%
Nebraska 41%
Illinois 41%
Pennsylvania 40%
Michigan 40%
Tennessee 39%
Kentucky 39%

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State Foreclosure Rate Ranking

New Jersey's foreclosure rate compared to other states.

1. Nevada
2. California
3. Florida
4. Arizona
5. Idaho
13. New Jersey

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