STATE BILLNJ A 794ENROLLED

New Jersey passes law allowing distressed cities to acquire abandoned properties

New Jersey enacted legislation authorizing distressed municipalities with a qualifying Municipal Revitalization Index score to acquire vacant, abandoned, or tax-delinquent real property at fair market value or through eminent domain. The statute allows municipalities to subtract unpaid municipal liens and back taxes from property owner compensation.

Status: Enrolled; Passed both chambers
Status date: Oct 22, 2026; 21 days ago
Current chamber: Senate
Session: 2026-2027 Regular Session

NJ A 794 · EnrolledOct 22

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Who this bill affects

The kinds of companies and teams this bill matters to, based on what it would change.

COMPANIES

Real estate appraisal firms
Title and escrow agencies
Municipal legal counsel and condemnation firms
Urban planning and redevelopment consultancies

TEAMS

Municipal practice groups
State and local government sales
Eminent domain specialists
Property valuation teams

Bill details

Last action: Passed Senate (Passed Both Houses) (27-10) · Oct 22, 2026
Official title: Modifies procedures for determination and payment of fair market value in distressed municipalities; concerns real property that is abandoned, vacant, or subject to unpaid taxes.

Bill history

Newest first.

Oct 22, 2026Passed Senate (Passed Both Houses) (27-10)Senate

Oct 22, 2026Substituted for S725 (1R)Senate

Jun 11, 2026Reported from Senate Committee, 2nd ReadingSenate

Jun 8, 2026Transferred to Senate State Government, Wagering, Tourism & Historic Preservation CommitteeSenate

May 18, 2026Received in the Senate, Referred to Senate Community and Urban Affairs CommitteeSenate

May 18, 2026Passed by the Assembly (58-16-3)Assembly

May 14, 2026Reported out of Assembly Comm. with Amendments, 2nd ReadingAssembly

Jan 13, 2026Introduced, Referred to Assembly Housing CommitteeAssembly

Recorded votes

Assembly Housing and Community Development Committee: Reported with AmendmentsMay 14, 2026 · Assembly · 5 yea · 0 nayPassed

Assembly Floor: Third Reading - Final PassageMay 18, 2026 · Assembly · 58 yea · 16 nayPassed

Senate State Government, Wagering, Tourism & Historic Preservation Committee: Reported FavorablyJun 11, 2026 · Senate · 4 yea · 0 nayPassed

Senate Floor: Substitute for S725 (Voice Vote)Oct 22, 2026 · Senate · 0 yea · 0 nayPassed

Senate Floor: Third Reading - Final PassageOct 22, 2026 · Senate · 27 yea · 10 nayPassed

Subjects

Passed both Houses

Read the bill at the source

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New Jersey passes law allowing distressed cities to acquire abandoned properties

What it means for vendors

Who this bill affects

COMPANIES

TEAMS

Bill details

Sponsors

Bill history

Recorded votes

Subjects

Read the bill at the source

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New Jersey passes law allowing distressed cities to acquire abandoned properties

What it means for vendors

Who this bill affects

COMPANIES

TEAMS

Bill details

Sponsors

Bill history

Recorded votes

Subjects

Read the bill at the source

Start finding government buyers today.It's free.

Start finding government buyers today.
It's free.