New Jersey § 5:10-9

§ 5:10-9.

a. Upon the exercise of the power of eminent domain, the compensation to be paid thereunder

shall be ascertained and paid in the manner provided in chapter 1 of Title 20 1 of the Revised Statutes insofar as the provisions thereof are applicable and not

inconsistent with the provisions contained in this act. The authority may join in separate subdivisions in one petition or complaint the

descriptions of any number of tracts or parcels of land or property to be condemned

and the names of any number of owners and other parties who may have an interest therein

and all such land or property included in said petition or complaint may be condemned

in a single proceeding; provided, however, that separate awards be made for each

tract or parcel of land or property; and provided further, that each of said tracts

or parcels of land or property lies wholly in or has a substantial part of its value

lying wholly within the same county. b. Upon the filing of such petition or complaint or at any time thereafter the authority

may file with the clerk of the county in which such property is located and also with

the Clerk of the Superior Court a declaration of taking, signed by the authority declaring

that possession of one or more of the tracts or parcels of land or property described

in the petition or complaint is thereby being taken by and for the use of the authority. The said declaration of taking shall be sufficient if it sets forth (1) a description

of each tract or parcel of land or property to be so taken sufficient for the identification

thereof to which there shall be attached a plan or map thereof; (2) a statement of

the estate or interest in the said land or property being taken; (3) a statement

of the sum of money estimated by the authority by resolution to be just compensation

for the taking of the estate or interest in each tract or parcel of land or property

described in said declaration; and (4) that, in compliance with the provisions of

the act, the authority has established and is maintaining a trust fund as hereinafter

provided. c. Upon the filing of the said declaration, the authority shall deposit with the Clerk

of the Superior Court the amount of the estimated compensation stated in said declaration. In addition to the said deposits with the Clerk of the Superior Court the authority

at all times shall maintain a special trust fund on deposit with a bank or trust company

doing business in the State in an account at least equal to twice the aggregate amount

deposited with the Clerk of the Superior Court as estimated compensation for all property

described in declarations of taking with respect to which the compensation has not

been finally determined and paid to the persons entitled thereto or into court. Said trust fund shall consist of cash or securities readily convertible into cash

constituting legal investment for trust funds under the laws of the State. Said trust fund shall be held solely to secure and may be applied to the payment

of just compensation for the land or other property described in such declarations

of taking. The authority shall be entitled to withdraw from said trust fund from time to time

so much as may then be in excess of twice the aggregate of the amount deposited with

the Clerk of the Superior Court as estimated compensation for all property described

in declarations of taking with respect to which the compensation has not been finally

determined and paid to the persons entitled thereto or into court. d. Upon the filing of the said declaration as aforesaid and depositing with the Clerk

of the Superior Court the amount of the estimated compensation stated in said declaration,

the authority without other process or proceedings, shall be entitled to the exclusive

possession and use of each tract of land or property described in said declaration

and may forthwith enter into and take possession of said land or property, it being

the intent of this provision that the proceedings for compensation or any other proceedings

relating to the taking of said land or interest therein or other property shall not

delay the taking of possession thereof and the use thereof by the authority for the

purpose or purposes for which the authority is authorized by law to acquire or condemn

such land or other property or interest therein. e. The authority shall cause notice of the filing of said declaration and the making

of said deposit to be served upon each party in interest named in the petition residing

in the State, either personally or by leaving a copy thereof at his residence, if

known, and upon each party in interest residing out of the State, by mailing a copy

thereof to him at his residence, if known. In the event that the residence of any such party or the name of such party is unknown,

such notice shall be published at least once in a newspaper published or circulating

in the county or counties in which the land is located. Such service, mailing or publication shall be made within 10 days after filing such

declaration. Upon the application of any party in interest and after notice to other parties

in interest, including the authority, any judge of the superior court assigned to

sit for said county may order that the money deposited with the Clerk of the Superior

Court or any part thereof be paid forthwith to the person or persons entitled thereto

for or on account of the just compensation to be awarded in said proceeding; provided,

that each such person shall have filed with the Clerk of the Superior Court a consent

in writing that, in the event the award in the condemnation proceeding shall be less

than the amount deposited, the court, after notice as herein provided and hearing,

may determine his liability, if any, for the return of such difference or any part

thereof and enter judgment therefor. If the amount of the award as finally determined shall exceed the amount so deposited,

the person or persons to whom the award is payable shall be entitled to recover from

the authority the difference between the amount of the deposit and the amount of the

award, with interest at the then legal rate from the date of making the deposit. If the amount of the award shall be less than the amount so deposited, the Clerk

of the Superior Court shall return the difference between the amount of the award

and the deposit to the authority unless the amount of the deposit or any part thereof

shall have theretofore been distributed, in which event the court, on petition of

the authority and notice to all persons interested in the award and affording them

an opportunity to be heard, shall enter judgment in favor of the authority for such

difference against the party or parties liable for the return thereof. The authority shall cause notice of the date fixed for such hearing to be served

upon each party thereto residing in the State either personally or by leaving a copy

thereof at his residence, if known, and upon each party residing out of the State

by mailing a copy to him at his residence, if known. In the event that the residence of any party or the name of such party is unknown,

such notice shall be published at least once in a newspaper published or circulating

in the county or counties in which the land is located. Such service, mailing or publication shall be made at least 10 days before the date

fixed for such hearing. Whenever under chapter 1 of Title 20 of the Revised Statutes the amount of the award

may be paid into court, payment may be made into the Superior Court and may be distributed

according to law. The authority shall not abandon any condemnation proceeding subsequent to the date

upon which it has taken possession of the land or property as herein provided. 1

Repealed; see N.J.S.A. § 20:3-1 et seq.