New Jersey legislation · 2026-2027 Regular Session
New Jersey S725: Real property abandoned, vacant, or subject to unpaid taxes-permit mun to aquire
Status: In committee, October 22, 2026
Modifies procedures for determination and payment of fair market value in distressed municipalities; concerns real property that is abandoned, vacant, or subject to unpaid taxes.*
What the bill says
An Act 1[permitting municipalities to acquire] [ADDED: concerning acquisition of] 1 certain real property 1 [ADDED: by certain distressed municipalities, including procedures for determination and payment of fair market value,] 1 and supplementing P.L.1971, c.361 (C.20:3-1 et seq.).
From the amended text, June 11, 2026:
An Act 1[permitting municipalities to acquire] [ADDED: concerning acquisition of] 1 certain real property 1 [ADDED: by certain distressed municipalities, including procedures for determination and payment of fair market value,] 1 and supplementing P.L.1971, c.361 (C.20:3-1 et seq.). Be It Enacted by the Senate and General Assembly of the State of New Jersey: 1. The Legislature finds and declares that: a. Vacant and abandoned properties create a greater risk of blight and can create a wide range of problems for the communities in which they are located. These problems can include fostering criminal activity, creating public health problems, depressing neighboring property values, reducing revenues for municipalities, and otherwise diminishing the quality of life for residents and business operators in those areas. b. While the "Abandoned Properties Rehabilitation Act," P.L.2003, c.210 (C.55:19-78 et seq.), the "tax sale law," R.S.54:5-1 et seq., and the In Rem Tax Foreclosure Act (1948), P.L.1948, c.96 (C.54:5-104.29 et seq.), enable a municipality to obtain title to real property that is abandoned, vacant, or subject to unpaid taxes, the difficulty of proving abandonment or vacancy, and the costs associated with obtaining title, pursuant to such laws, and the debt owed on the real property to the municipality, often outweighs the value of the property itself. c. Therefore, it is necessary, and shall constitute a public purpose, to …
Sponsors
- John J. Burzichelli (D, 3) · primary sponsor
- Shirley K. Turner (D, 15) · primary sponsor
Latest actions
- : SUB BY A794 (1R)
- : REP/SCA 2RS
- : TRANS SSG
- : INT 1RS REF SCU
Votes
- Senate State Government, Wagering, Tourism & Historic Preservation Committee: Reported with committee amendments (Sca) (June 11, 2026): 4 yea, 0 nay, passed
Subjects: PROPERTY, LOCAL GOVERNMENT - MUNICIPALITIES
Common questions
- What is S725?
- S725 is a bill in the New Jersey Legislature (2026-2027 Regular Session): Real property abandoned, vacant, or subject to unpaid taxes-permit mun to aquire.
- What does S725 do?
- In its own words: An Act 1[permitting municipalities to acquire] [ADDED: concerning acquisition of] 1 certain real property 1 [ADDED: by certain distressed municipalities, including procedures for determination and payment of fair market value,] 1 and supplementing P.L.1971, c.361 (C.20:3-1 et seq.).
- What is the status of S725?
- In committee as of October 22, 2026. Latest action: SUB BY A794 (1R) (October 22, 2026).
- Who sponsored S725?
- John J. Burzichelli (D, 3), with 1 co-sponsor.
- Where is the official record for S725?
- On the New Jersey Legislature website: https://www.njleg.state.nj.us/bill-search/2026/S725
Source: official New Jersey record. Tracked by Delilah, AI for legislation across all 50 states and Congress.