A recent article from NJBiz discusses a conditional veto from Gov. Phil Murphy on legislation that would have required the Department of Community Affairs to create an online database and interactive map of residential properties under foreclosure.

Interesting to note;

  • New Jersey already has a significant amount of local VPR legislation.
  • It is clear that there is room for a greater understanding of the issue. In the context of fighting blight, vacancy/abandonment causes blight not foreclosure.

To view the article, please click here.