New Jersey Escheat & Unclaimed Property Laws

This page addresses key areas of interest regarding New Jersey unclaimed property and escheatment laws and regulations.

Key New Jersey Unclaimed Property Reporting Deadlines

The deadline for annual reporting and remittance in New Jersey is October 31 for all holders except life insurance companies, who must report by April 30. Early reporting is permitted with prior written approval from the Administrator.

All holders have an obligation to report abandoned or unclaimed property to the state in order to maintain compliance with New Jersey’s unclaimed property laws and regulations. Holders reporting to New Jersey are required to submit their reports electronically for reports that contain 20 or more properties. Written reports may be submitted for reports containing fewer than 20 properties.

New Jersey Due Diligence Requirements

New Jersey requires holders to send due diligence notifications for any property with a value of $50 or more. Due diligence letters must be sent each reporting cycle by certified mail with return receipt requested to the apparent owner at the last known address, no more than 120 days and no less than 60 days prior to filing the report.

This notice should inform the owner that the holder is in possession of unclaimed property that will be turned over to the State Treasurer unless the owner claims it from the holder before the report is filed.

New Jersey Dormancy Periods

Most property types in New Jersey have a dormancy period of three years. Accounts are considered dormant if the owner of a property has not indicated any interest in the property or if no contact has been made for the allotted dormancy period for that property. Other dormancy periods in New Jersey for common property types include:

  • Wages/Payroll, Salary – One year
  • Stored Value Cards/Unredeemed Gift Certificates – Five years
  • Vendor Checks – Three years

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Key Resources​​

Department of the Treasury - Unclaimed Property - Report Section
P.O. Box 214 | Trenton, NJ 08625-0214
Phone: 609.292.9200