RadarOnline is reporting that Melissa and Joe Gorga are moving New Jersey zip codes! An insider tells the site,Â â€œThereâ€™sÂ always been a huge rivalryÂ between Melissa and her sister-in-lawÂ Teresa Giudice, so this season is no different, and in an attempt to one-up her, Melissa and Joe will be moving to a better zip code.Â But the reality is that they will just be renting a home in an â€˜eliteâ€™ neighborhood to cover up their not-so-ideal financial situation.”
According to this insider, Melissa and Joe could be kicked out of their Montville home.Â â€œMelissa and Joe are borrowing moneyÂ left and right just to stay afloat,â€ the source claims.Â â€œYouâ€™ll see Melissa and Joe embarking on a slew of new business ventures this season like a workout DVD and books, but theyâ€™re literally taking any lucrative business opportunity they can because they have so much debt.â€
Last year, public property records showed that The Gorga’s took out a $2,250,000 mortgageÂ on their home on November 16, 2007 with Sterling Bank, plus interest.
Melissa and Joe originally purchased the home for only $450,000 in 2005 on which they took out an initial mortgage of $360,000 and a secondary mortgage of $45,000.
You can check out our exclusive details on The Gorga’s Montville home, here.
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