I suspect that has as much to do with it being closing weekend of Food & Wine as it does Jersey week, since the crowd levels for the other parks are still quite moderate. The last Saturday of F&W combined with the Veterans Day holiday is bound to mean a jump in local traffic at Epcot. Thurs and Fri look just as bad for EP even though the numbers for the other parks are much, much lower.
If you look just at EP it is the park to avoid for 9 of the 13 days the festival runs in Nov, and only seems to be recommended due to the 7 day rule for the duration of the festival. ESPN weekend was the same - Studios was the park to avoid for the entire event, but because it was something we wanted to see we braved it and aside from the special events/stage areas the crowds were quite moderate - 30min standbys for RnR & ToT, the usual 60-80min for TSM, no real lines to speak of (<15min) at the lesser attractions and character spots.
We're not Jersey people but that is our end of first term short week so we'll be there. We're leaving Disney on the 13th but the 11th is our last park day; for the Veterans Day weekend we'll be poolside at the Beach Club just relaxing.