Tag:

Foreclosure

Dream Weddings Wrecked: Popular NJ Venue Files For Bankruptcy, Blames Lender Dream Weddings Wrecked: Popular NJ Venue Files For Bankruptcy, Blames Lender
Dream Weddings Wrecked: Popular NJ Venue Files For Bankruptcy, Blames Lender Erin Fowlie and Lindsey Nadolny fell in love with the Art Factory, to put it simply. The Matawan couple signed a contract back in March 2023 with owners David Garsia and his wife, Donata, and put down $14,000 upfront for their Oct. 18, 2024 wedding. "They said we had access to the premises at all times," said Fowlie, 33. "They said we were family, we were this, we were that." But earlier this month, the brides-to-be came across a news article saying that the popular Paterson wedding venue, located in a refurbished warehouse on Spruce Street, was going bankrupt. They showed Donata the…
Mother's Ale House In Wayne Listed At $2.6 Million Mother's Ale House In Wayne Listed At $2.6 Million
Mother's Ale House In Wayne Listed At $2.6 Million Mother's Ale House in Wayne has hit the real estate market. The Route 23 Mountainview Boulevard building spans 11,695 square square feet, according to the listing by New Vistas Corp. The sale comes with a liquor license, parking lot with 76 spaces, and a finished basement to be used as a banquet room. The restaurant closed two months ago. It was apparently purchased by the bank at a sheriff's sale for $100 in May, NorthJersey.com reports. The lien holder had gone forward with foreclosure proceedings. As of August, the former owner apparently owed the bank more than $2.5 mil…
Feds: International Fugitive Admits Role In $30 Million NJ Mortgage Fraud Feds: International Fugitive Admits Role In $30 Million NJ Mortgage Fraud
Feds: International Fugitive Admits Role In $30 Million NJ Mortgage Fraud A New Jersey mortgage company loan officer who’d been an international fugitive for several years admitted his role in a long-running, large-scale scam that cost lenders more than $30 million, authorities said. Isaac DePaula, 41, and a group of conspirators pulled off the scheme through a company called Premier Mortgage Services (PMS), according to a complaint on file in U.S. District Court in Newark. The thieves targeted low-income areas, recruiting straw buyers to seek mortgages for properties they really couldn’t afford, federal authorities charged. The conspirators secured the loans by…
Clementon Park & Splashworld Reopening After Foreclosure Clementon Park & Splashworld Reopening After Foreclosure
Clementon Park & Splashworld Reopening After Foreclosure It's been a wild ride for Clementon Park & Splashworld, but a smoother path is up ahead. The 114-year-old South Jersey amusement and splash park is  reopening on Friday after being closed for nearly two years. The park announced its hours of operation and discounted season ticket prices on its website here. After foreclosure, the 52-acre park was sold to a new owner in March for $2.37 million. The winning bid by Indiana Beach Holdings included the park's liquor license.  Popular rides include the Sea Dragon arc swing; Ring of Fire 360-degree loop ride; a giant Fer…
Bogota Mayor Evicted, Political News Site Reports Bogota Mayor Evicted, Political News Site Reports
Bogota Mayor Evicted, Political News Site Reports Bogota Mayor Christopher Kelemen was evicted from his home after not paying local property taxes for nearly a year, a New Jersey political news site reported. A judge determined during a two-year foreclosure process that Kelemen owed $488,508 in unpaid mortgage and property taxes, David Wildstein reported on his New Jersey Globe site. Kelemen, a Republican was became mayor in 2015 with 62% of the vote, is being challenged for the mayoralty in next month’s election. According to Wildstein, Kelemen -- a local deli owner who works in real estate -- moved into the home of his late father,…
'RHONJ' Cast Member Leaves Franklin Lakes For Nevada: 'Not The Armpit Of The Earth' 'RHONJ' Cast Member Leaves Franklin Lakes For Nevada: 'Not The Armpit Of The Earth'
'Rhonj' Cast Member Leaves Franklin Lakes For Nevada: 'Not The Armpit Of The Earth' Jacqueline Laurita, out. The original "Real Housewives of New Jersey" cast member whose Franklin Lakes mansion is facing foreclosure has left the Garden State for Nevada with husband Chris. "I’m sure going to miss New Jersey and all of the people who have made it so special for me and my family," the reality star wrote on Instagram. "We have SO many incredible memories here that we will cherish forever! I thank you all! I was born here, left and returned, only to leave again! NJ is not the armpit of the earth after all! 😘 It’s beautiful and so are most of the people in it! We’ll be back to…