(TRENTON) - Legislation sponsored by Speaker Pro Tempore Jerry Green, Assemblyman Troy Singleton, Assemblywoman Mila M. Jasey and Assemblyman Benjie E. Wimberly authorizing lenders to foreclose mortgages on vacant and abandoned properties has been signed into law.
"Vacant properties are problematic for neighborhoods. More than being unsightly, they drag down property values and attract criminal activity," said Green (D Middlesex/Somerset/Union). "This law will help clear neighborhoods of these nuisance properties by changing a process that can take over a year in most foreclosure cases, and compact it to a few months."
Contact Eva Loayza at (609) 847-3500
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"It's incredible, it's a dream. I would never have imagined that I would be running for mayor, but to have Ken Gibson say that, I didn't expect it. Having Ken Gibson on my side is the ultimate reference check. It's the ultimate in street credibility. Mr. Gibson said it, when he was running for mayor, people said that they weren't ready, but Mr. Gibson said 'ready or not, here I come.' I think that's apropos for my campaign. Newark is ready for this." Newark Mayoral candidate Ras Baraka- PolitickerNJ.com
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