Jim Jones' New Jersey Mansion Reportedly Sold at Auction for $100 After Being Foreclosed On

Despite this loss, Jones is still focused on making music.

Rapper Jim Jones at The Apollo Theater
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Image via Getty/Shahar Azran/WireImage

Rapper Jim Jones at The Apollo Theater

After being tangled up in 6ix9ine's legal issues, things seem to have gotten worse for Jim Jones.

According to Bossip, the New Jersey mansion that Jones shared with longtime partner, Chrissy Lampkin, has been lost to foreclosure and sold at a sheriff's sale or just $100. When the couple bought the home in 2006, they took out a $680,000 mortgage with a 6.875 percent interest rate. This left them with a monthly payment of $4,467.

Yet per a lawsuit filed by the U.S. National Bank Association in 2017, Jones and Lampkin hadn't paid the mortgage since 2010. Under the terms of their agreement with the bank, they were now responsible for the entire amount after defaulting on payments. 

Shortly after they were hit with the lawsuit, Jones and Chrissy reportedly struck a deal with the bank that would allow them to pay off their debt. In doing so, the couple would've been able to get their home out of foreclosure. Something appears to have gone awry with this plan as the court has issued its final judgment against the couple. 

Despite this, Jones is still focused on making music. In May, the rapper dropped his El Chapo album. The project was done in full collaboration with The Heatmakerz and received a lot of praise. Jones is looking to build on El Chapo's success by dropping a video for the album's latest single, "Make No Issues of It," directed by Shula The Don and Jones. Watch it below.

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