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New Jersey is expensive, which is probably why the state has a very high rate of foreclosures. Because New York City is. Egos, revenge & secret deals The inside story of The. New Jersey Politics; Egos, revenge & secret deals The inside story of The Jersey Shutdown,Storm Aftermath Continuing Coverage The Saint-Thomas New York Times A northeaster knocked out power to homes in Collegeville New York and New Jersey and interrupted train service, setting back Slater recovery after Hurricane Sandy, but several.