Unclaimed Money New Jersey: $1.5 Billion Waiting to be Claimed

Did you know that there is over $1.5 billion in unclaimed money in New Jersey? That's right, you could be owed money and not even know it. The New Jersey Department of the Treasury Division of Unclaimed Property holds millions of dollars in lost and forgotten assets, from bank accounts to insurance policies to stock dividends.

How to Find Out if You Have Unclaimed Money

The first step to finding out if you have unclaimed money is to visit the New Jersey Division of Unclaimed Property website at www.unclaimedproperty.nj.gov. You can search by name, address, or social security number. If you find a match, you can file a claim online or by mail.

What You Need to Claim Your Money

To claim your unclaimed money, you will need to provide the following information:

• Your name and current address
• Your Social Security number
• The name and address of the company or organization that holds your money
• The amount of money you are claiming

You may also need to provide additional documentation, such as a copy of your driver's license or birth certificate.

How Long Does It Take to Claim Your Money?

The time it takes to claim your unclaimed money will vary depending on the complexity of your claim. However, most claims are processed within 60 days.

What to Do if You Receive a Notice from the State

If you receive a notice from the New Jersey Division of Unclaimed Property, it means that they have found some money that may be yours. You should follow the instructions on the notice to claim your money.

What Happens if You Don't Claim Your Money?

If you do not claim your unclaimed money within the time limit specified by law, your money will be forfeited to the state.

How to Prevent Your Money from Becoming Unclaimed

The best way to prevent your money from becoming unclaimed is to keep track of your financial accounts. Make sure that your address is up-to-date with your banks and other financial institutions. And, if you move, be sure to notify your creditors and utility companies.

Additional Resources

• New Jersey Division of Unclaimed Property: www.unclaimedproperty.nj.gov
• National Association of Unclaimed Property Administrators: www.naupa.org
• MissingMoney.com: www.missingmoney.com

Important Tips

• If you are unable to find your unclaimed money on the New Jersey Division of Unclaimed Property website, you can contact them at 609-292-5030.
• You can also search for unclaimed money in other states by visiting the National Association of Unclaimed Property Administrators website.
• If you are having difficulty claiming your unclaimed money, you can contact a financial advisor or attorney for assistance.

Table 1: Unclaimed Property Types

Table 2: Unclaimed Property by County

Table 3: Effective Strategies for Finding Unclaimed Money

Table 4: Tips and Tricks for Claiming Unclaimed Money