New Jersey · 2026-2027 Regular Session · Bill

S 725: 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.*

In committee Last action October 22, 2026: Substituted by A794 (1R)

Plain-language summary

S 725 is a bill introduced in the New Jersey Senate on January 13, 2026. According to its official title, it concerns: 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.*. Primary sponsor: John Burzichelli (Democratic), Shirley Turner (Democratic). Most recent recorded action (October 22, 2026): Substituted by A794 (1R).

Sponsors

Primary sponsors: John Burzichelli (Democratic); Shirley Turner (Democratic).