A Sheriff’s Sale Concludes The New Jersey Foreclosure Process

In New Jersey, a Sheriff’s Sale effectively marks the end of the foreclosure process. This event, achieved through an auction sale of real property, is conducted by the county sheriff following the successful prosecution of a foreclosure action by a lender. The sheriff holds the property pursuant to a court order to seize and sell it to satisfy a foreclosure judgment, after notice to the public.

Your Rights As A Homeowner Facing A NJ Sheriff Sale

Under New Jersey law, a Sheriff’s Sale occurs only after the entry of a Final Judgment in a foreclosure case. Subsequent to this judgment, a Writ of Execution is issued to the sheriff, who is then tasked with scheduling the sale. This sale must be scheduled within 120 days of receiving the Writ of Execution.

If you are interested in learning more about Foreclosure Defense, New Jersey sheriff’s sales, or if you have any related questions, call us today at (973) 500-8024 or (212) 960-8308, or contact us online, and we can contact you directly.