Jan 10 2008

The State of New Jersey Owes Residents Hundreds Of Millions In Unclaimed Money

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The state of New Jersey has the highest population density among the 50 states- an average of 1,030 people per square mile with 90% of the people living in an urban area. This might explain the fact that property taxes in the Garden State is the highest in the country- twice the national average. Based on a recent report by WCBS newsradio however, 200,000 homeowners in Jersey State don’t seem to know or care about that seeing as they failed to apply for $200 million worth of tax rebates.
Tax rebates are just one of the numerous examples of sources of New Jersey unclaimed money and property. Abandoned bank accounts, stocks, cash and mineral deposits, unclaimed insurance and retirement benefits, uncashed checks and even safe deposit bank contents all fall under New Jersey’s Unclaimed [...]

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