UPA releases list of unclaimed assets in New Jersey

The New Jersey Department of the Treasury’s Unclaimed Property Administration (UPA) is currently advertising a list of all unclaimed assets reported to the state in the previous year, with the goal of notifying rightful owners that they may have money or property to be claimed.

A total of 236,845 records that were reported to the state in the past year are being advertised. Unclaimed property is a mechanism for the state of New Jersey to safe-guard property that has been abandoned or lost for three years. It can include bank accounts, utility deposits, insurance payouts, and even real physical property. If a person finds their name or their business’s name in the advertisements, running over the course of two weeks, they can go to the Unclaimed Property Administration’s website to submit a claim and search for other unclaimed property in their name. Searching and filing claims on the UPA’s website is always free of charge. Currently, there is more than $6 billion in unclaimed property being safe-guarded by NJ.

Anyone can search for their name on https://www.unclaimedproperty.nj.gov/ or http://www.unclaimed.or to determine if a state is holding their property.