RadarOnline is reporting that Melissa and Joe Gorga are moving New Jersey zip codes! An insider tells the site, “There’s always been a huge rivalry between Melissa and her sister-in-law 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. But the reality is that they will just be renting a home in an ‘elite’ 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. “Melissa and Joe are borrowing money left and right just to stay afloat,” the source claims. “You’ll see Melissa and Joe embarking on a slew of new business ventures this season like a workout DVD and books, but they’re literally taking any lucrative business opportunity they can because they have so much debt.”
Last year, public property records showed that The Gorga’s took out a $2,250,000 mortgage 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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