New Jersey Logo

NOTE: The Cape May County Herald is offering full coverage of the COVID-19 / coronavirus emergency to all, with no payment required. We are committed to ensuring our readers can make critical decisions for themselves and their families during this ongoing situation. To continue supporting this vital reporting, please consider a digital subscription or contribution. For more coverage, subscribe to our daily newsletter.

TRENTON – New Jersey had the second highest number of “zombie” foreclosures in the nation only two years ago. Such dwellings have caused several Cape May County municipalities to enact ordinances to address the situation.

Assembly Democrats William Spearman (D-Camden, Gloucester), Shanique Speight (D-Essex) and Annette Quijano (D-Union) issued the following release April 29 after the signing of their legislation (A-4999).

That legislation requires a creditor that institutes a foreclosure proceeding on residential property to provide contact information of a person deemed responsible for the care of the property with the summons and complaint in Superior Court, and with the lis pendens filed with the office of the county clerk or register of deeds and mortgages:

“Our state ranked second in the nation for most ‘zombie’ foreclosures. New Jersey communities, especially in cities like Camden and Newark, are plagued with the presence of abandoned properties—some having been around for a decade or more. These properties pose health and public safety risks for residents as well as drive down property values. Many of these properties remain in disrepair due to the lack of information found on owners or creditors after foreclosure proceedings.

“By requiring creditors to provide a contact person for the property, local officials will know to whom they should address complaints about property maintenance and code violations. Asking, simply, for a name and number can help municipalities fight blight in their communities and protect homeowners still living in the neighborhoods with these ‘zombie’ properties.’ ”

Get 'The Wrap', a new way to get the news.

We wrap up the news from the Shore you love, and deliver it to your inbox, weekly.

Load comments