Did Your NJ Foreclosure Sale

Generate Surplus Funds?You Could Be Owed Money!

If your home was sold in a foreclosure auction for more than what you owed on your mortgage, the extra money rightfully belongs to you—not the bank. We help former homeowners recover these surplus funds with no upfront costs—you only pay if we successfully collect money for you.

How NJ Foreclosure Surplus Funds Work:

By law, any surplus from the sale is yours—after paying off the mortgage, fees, and liens.
You must act fast—New Jersey typically gives homeowners 6 months from the sale date to file a claim.
Other creditors may try to claim the funds, but if no valid liens exist, the money should go to you.

Why You Should Check Now:

- Unclaimed funds may eventually be turned over to the state.
- The sooner you file, the better your chances of securing what’s rightfully yours.

- Want to see if you qualify? Get a free, no-obligation review with an attorney in just minutes. Let us help you claim what you’re owed!

Surplus Funds After a NJ Foreclosure Sale: Your Money, Your Right

When a New Jersey foreclosure sale brings in more money than what was owed (including the mortgage balance, interest, taxes, and fees), the leftover cash is called surplus funds. Under NJ Court Rule 4:64-3, these funds are held by the Superior Court Trust Fund—waiting to be claimed by the rightful owners: you (the former homeowner) and other eligible creditors.

How Surplus Funds Work (Simple Example)

Auction Sale Price	Total Debt Owed	Surplus Funds
$450,000	$325,000	$125,000

In this case, the $125,000 surplus doesn’t go to the bank—it belongs to the homeowner or other valid claimants.

Who Gets Paid First?

The Former Homeowner (or their estate, if deceased).
Junior Lienholders (second mortgages, judgment creditors, tax liens, etc.) in order of priority.

Why Does the Court Hold the Money?

The Superior Court Trust Fund safeguards surplus funds until:

Valid claims are filed.
A judge reviews and approves distribution.
This ensures fairness—preventing lenders from keeping money that isn’t theirs.

Key Takeaways

Surplus funds = Your equity—not the bank’s profit.
You may have up to 10 years to claim them (but acting fast avoids complications).
Legal filing required (motion, affidavit, and proposed court order).

Think you’re owed surplus funds? Let’s check—no cost, no obligation. Get a free eligibility review today!

Receive Your Consultation Today!

(732)-646-5529