If New Jersey governor achieves the largest margin of victory among all elections in 2025 New York City mayoral and New Jersey gubernatorial election, then the market resolves to Yes.

The margin of victory is calculated as the absolute difference in vote share (expressed as percentage) between first and second place finishers. For yes/no referenda, it's the absolute difference between yes and no percentages. If official results aren't available by the deadline, preliminary results from Source Agencies with at least 95% of expected vote are used. For ranked choice elections, the margin from the final round is used. Margins are compared as percentages, not absolute vote differences. If multiple elections have identical margins and relevant options are listed, each tied option resolves to Yes at $1.00 divided by the number of tied options.

Series KXMAMDANISHERRILL-25NOV04 Event KXMAMDANISHERRILL-25NOV04 Market KXMAMDANISHERRILL-25NOV04-NJGOV