New NJ Foreclosure Laws

While commercial foreclosures have continued to proceed during the COVID-19 pandemic, courts have paused issuing writs of possession and enforcing evictions, as well as other post-judgment actions.

However, New Jersey courts will resume issuing writs of possession for commercial foreclosures effective February 15, 2021.

Landlords can apply for an Order to Show Cause for eviction in certain circumstances deemed an emergency, including criminal activity, damage to the building, death of a tenant, or permanent closure of the business resulting in vacancy. Eviction cannot be pursued on the basis of nonpayment of rent unless the business is vacant, or not operating and will not resume.

Evictions for residential tenants will not proceed until Spring 2021 at the earliest.

For more information, read these notices from the New Jersey Court.:

If you are going through a commercial foreclosure and would like to discuss your options, contact the Law Office of Ira J. Metrick today.

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