New Jersey Statutes
§ 54:5-34 — Sale; purchase by municipality; rights of municipality
New Jersey § 54:5-34
JurisdictionNew Jersey
Title 54TAXATION
This text of New Jersey § 54:5-34 (Sale; purchase by municipality; rights of municipality) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.J. Stat. Ann. § 54:5-34 (2026).
Text
The officer making sale shall strike off and sell to the municipality in fee for redemption any parcel of real property purchased in accordance with a successful bid made pursuant to a resolution of the governing body or at 18% any parcel of real property for which there shall be no other purchaser, and the municipality shall have the same remedies and rights as other purchasers, including the right to bar or foreclose the right of redemption. Amended by L.1962, c. 161, s. 2; L.1975, c. 210, s. 2, eff. Sept. 25, 1975; L.1979, c. 435, s. 3, eff. Feb. 14, 1980.
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Nearby Sections
15
§ 54:5-1
Short title§ 54:5-104.100
Conveyance of outstanding interest against certain residential realty; payment; action to compel conveyance§ 54:5-104.101
Applicability of law§ 54:5-104.102
Benefits and disabilities; application to successors in interest; agreements to defeat operation of Act§ 54:5-104.103
Definition of phrase "thought to be owned"§ 54:5-104.29
Short title§ 54:5-104.33
No personal judgment shall be entered§ 54:5-104.35
Resolution by governing body§ 54:5-104.36
Jurisdiction§ 54:5-104.37
Fees to be paid on institution of action§ 54:5-104.41
Complaint to be filed with tax collector; county recording officer and Attorney-General§ 54:5-104.42
NoticeCite This Page — Counsel Stack
Bluebook (online)
New Jersey § 54:5-34, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/54%3A5-34.