William H. Oliver, Jr. & Associates

Se Habla Espanol

Free Initial Consultation

Local 732-988-1500
Menu / Navigate View Our Practice Areas

What does judicial foreclosure mean in New Jersey?

There are two types of foreclosure laws in the United States. About two thirds of the states allow for a procedure known as "foreclosure by power of sale." Under this method, a mortgage holder can sell property subject to foreclosure without needing to resort to court supervision. About two-thirds of states allow for the use of foreclosure by power of sale, which allows for faster and less formal home foreclosure sales. New Jersey, however, is not one of them.

In the minority of states foreclosure by judicial sale is the only route through which a home subject to foreclosure may be sold. In New Jersey, this involves two layers of Superior Court involvement in order to affect a foreclosure sale: the Office of Foreclosure and Superior Court General Equityjudges. In addition, state law requires all foreclosure pleadings to be filed in Trenton with the Foreclosure Processing Services subunit of the office of the Superior Court Clerk.

The purpose of judicial involvement and centralization of filings is to promote uniformity and efficiency in foreclosure proceedings statewide. Thus, for example, all foreclosure complaints in the state, and answers to those complaints, are subject to review by the Office of Foreclosure to ensure that the filed documentation meets the proper legal requirements for validity.

Any disputes are sent for resolution to the General Equityjudge in the county where the foreclosure is taking place, and once any dispute is resolved it is then returned to the Office of Foreclosure.

Although foreclosure by judicial sale has the advantage of preventing possible abuses by mortgage holders who would otherwise be able to force foreclosure sales with no court oversight, the trade-off is that foreclosures in New Jersey tend to take longer than in states that allow for foreclosure by power of sale. Another consideration to keep in mind is that the particular filing requirements for the mortgage holder and for the homeowner make it important to have a clear understanding of how the state's foreclosure laws work.

This post provides only an overview of the subject of foreclosures in New Jersey. It is not meant to be specific offered or relied upon as legal advice. If you have questions about how foreclosures are undertaken in New Jersey, you should seek legal advice from an attorney's office experienced with foreclosure cases.

No Comments

Leave a comment
Comment Information

Get Help Now

Bold labels are required.

Please note that First AND/OR Last Name, and Email AND/OR Phone are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

FindLaw Network

At the law offices of William H. Oliver, Jr. & Associates in Toms River and Lakewood, New Jersey, we represent clients in Toms River, Neptune, Trenton, Middletown, Red Bank, Wall, Lakewood, Lakehurst, Manchester, Asbury Park, Old Bridge, Jamesburg, Barnegat, Forked River, Manahawkin, Ocean Township, Brick, Manasquan, Howell, Freehold, Hazlet, Bradley Beach, Brown Mills, Long Branch, Keansburg, Marlboro, Bayville, Beachwood, Whiting, Sayreville, South River, East Brunswick, Monmouth County, Ocean County, Middlesex County, Burlington County and Mercer County.