2009 New Jersey Code
TITLE 17 - CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
Section 17:19
17:19-4 - Acquiring property;  condemnation

17:19-4.  Acquiring property;  condemnation
    When the application has been approved by the governing body, the applicant  may thereupon undertake and proceed to acquire the real estate required for the  completion of the project set forth in the application. If the applicant is  unable to acquire any property included within and necessary to the completion  of the project by agreement with the owner thereof, the applicant may petition  the governing body which has approved the application to acquire the property  by the exercise of the power of eminent domain.  If the governing body  determines by resolution that the acquisition of the property described in the  petition for the completion of the project in question is in the public  interest and necessary for the public use, the governing body shall thereupon  proceed to acquire the same by condemnation. A copy of the resolution, duly  certified by the clerk of the city, under its seal, shall be conclusive  evidence as to the matter therein contained in any proceeding on the part of  the governing body to acquire the property or any part thereof therein  described.  Upon the adoption of the resolution by the governing body the  applicant shall be required to enter into an undertaking with the governing  body to pay such sums as may be ascertained according to law to be payable to  the owner of the property, together with costs of the condemnation  proceedings.

    Upon paying the owner of the property the sum so ascertained, with the costs, if any, the city shall be seized and possessed in fee simple of all the real estate.

     Amended by L.1953, c. 17, p. 237, s. 108.