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

> New Jersey · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_NJ_T2A_C50_S50-1

## Section

- **Citation:** N.J. Stat. § 2A:50-1
- **Heading:** No personal deficiency judgment in foreclosure actions or execution thereon for balance due
- **Jurisdiction:** New Jersey
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** NJ Code / Title 2A / Chapter 50 / Section 50-1

## 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.

## Nearby sections

- [N.J. Stat. § 2A:50-1 No personal deficiency judgment in foreclosure actions or execution thereon for balance due](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T2A_C50_S50-1.md)
- [N.J. Stat. § 2A:50-2 Order of proceedings; foreclosure; action on bond; limitations; parties](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T2A_C50_S50-2.md)
- [N.J. Stat. § 2A:50-2.1 Time for bringing action on note for deficiency](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T2A_C50_S50-2.1.md)
- [N.J. Stat. § 2A:50-2.2 Agreement to waive rights; invalidity](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T2A_C50_S50-2.2.md)
- [N.J. Stat. § 2A:50-2.3 Application of act](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T2A_C50_S50-2.3.md)
- [N.J. Stat. § 2A:50-2.4 Severability](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T2A_C50_S50-2.4.md)
- [N.J. Stat. § 2A:50-3 Answer disputing amount of deficiency; determination of amount](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T2A_C50_S50-3.md)
- [N.J. Stat. § 2A:50-4 Judgment in action on bond as opening foreclosure and sale; right of redemption; time for bringing action to redeem](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T2A_C50_S50-4.md)
- [N.J. Stat. § 2A:50-5 Answer in action on bond disputing amount of deficiency as termination of right to redeem; foreclosure and sale not to be opened](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T2A_C50_S50-5.md)
- [N.J. Stat. § 2A:50-6 Bonds; notice of proposed judgment by confession or action on](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T2A_C50_S50-6.md)
- [N.J. Stat. § 2A:50-7 Record of notice of proposed judgment by confession or action on bond; fees](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T2A_C50_S50-7.md)
- [N.J. Stat. § 2A:50-8 Action on bond where lien or mortgage has been extinguished by foreclosure of prior mortgage](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T2A_C50_S50-8.md)
- [N.J. Stat. § 2A:50-9 Judgment on bond not to open foreclosure and sale; right of redemption](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T2A_C50_S50-9.md)
- [N.J. Stat. § 2A:50-10 Record of notice](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T2A_C50_S50-10.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_NJ_T2A_C50_S50-1. Check the current official text before relying on it. Not legal advice.