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No personal deficiency judgment in foreclosure actions or execution thereon for balance due

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NJ Code › Title 2A › Chapter 50 › Section 50-1

This text was captured on Aug 14, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

Text

No judgment shall be rendered in any action to foreclose a mortgage for any balance which may be due plaintiff over and above the proceeds of the sale of the mortgaged property, and no execution shall issue therein for the collection of any such balance.

This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.

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No personal deficiency judgment in foreclosure actions or execution thereon for balance due · N.J. Stat. § 2A:50-1 | Frix