Continental Plaza in Hackensack Scheduled for a Foreclosure Auction
Continental Plaza, a three-tower office complex located on 401 Hackensack Avenue in Hackensack (Bergen County), is scheduled for a foreclosure auction. The lien amount is $101.9M. According to a North Jersey.com article that dates back to May 27th, 2010, the interest-only mortgage was initiated in 2004 but could not be refinanced in September of 2009,…
Cherry Hill’s Woodcrest Country Club Scheduled for Auction
The Woodcrest Country Club, located at 300 Evesham Road in the Cherry Hill Township of New Jersey, is scheduled for a foreclosure auction on March 28th, with a lien amount of $11,877,437. The 155-acre property is located just a few short miles away from the city of Philadelphia. According to this 2010 article, the club…
On the Auction Block: Award-Winning Luxury Development in Atlantic City, NJ
But now, the luxury development, with an address at 600 Carson Avenue, is scheduled for auction on December 1st, having a lien amount in excess of $20,000,000.
Princeton Park Corporate Center Scheduled for Auction
Pricenton Park Corporate Center, a 178,000 square foot office building in Middlesex County, New Jersey, is scheduled for auction on October 12th.
New Jersey Foreclosures down 10% over Q1 2008, but up 13% from Q4 2008
Here are the key takeaways from the Q1 2009 New Jersey Foreclosure report.
New Market Report – New Jersey Foreclosures Q3 08
Foreclosures in New Jersey reached a one year-high in Q3 2008. Compared to the previous quarter (2,798), the current number of foreclosures (3,052) increased by 9%. However, compared to Q3 2007, firsttime foreclosures increased by 43%.
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