NJ/NYC earthquake serves as a reminder of the risk despite minimal damage: CoreLogic

According to CoreLogic, the global provider of property information, analytics, and data-enabled solutions, the recent M4.8 earthquake that occurred in Hunterdon County, New Jersey serves as a reminder that low risk does not mean no risk.

Although the probability of damage is low, CoreLogic has encouraged homeowners and insurers to be aware of the risk to help accelerate their recovery.

On the 5th of April at 10:23 a.m. local time, a magnitude 4.8 earthquake occurred in Hunterdon County, New Jersey at a depth of 4.7 km, according to the U.S. Geological Survey (USGS).

The quake’s epicentre was about 72 km west of New York City. No significant damage has been reported as of 2 p.m. EDT on April 5th. However, CoreLogic’s Event Response Team has continued to monitor the situation.

The last major earthquake in the region was the M5.8 earthquake on August 23rd, 2011, which occurred in Virginia.

Typically, the region spanning New York City to Washington, D.C. experiences moderate earthquakes roughly every 50 years, with smaller events felt every two to three years.

Due to local soil conditions and how seismic waves travel, earthquakes in the eastern U.S. cover a broader area than those in the West. A M4.0 earthquake in the region can be felt within roughly 100 km of the epicentre and can occasionally cause local damage, says CoreLogic.

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