A growing number of luxury homes are finding their way to foreclosure listings in New Jersey. One notable high-end property listed for auction is the Froh Heim mansion priced at $8.9 million.
The list of HUD foreclosures and other types of foreclosed properties in Trenton is as varied as most foreclosure property listings, and it seems that the Mayor's home will soon be part of it.
HUD foreclosures and bank foreclosed properties are expected to rise in New Jersey in 2011. Several analysts predict a 20% increase this year from 2010.
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