N.J. Stat. § 39:3-40.4
Current through L. 2024, c. 87.
A motor vehicle subject to the registration restrictions set forth in sections 2 and 3 of P.L. 1995, c.286 (C.39:3-40.1 and C.39:3-40.2) may not be sold or its ownership transferred; and the Division of Motor Vehicles shall not issue a certificate of registration for that vehicle; during the period in which those restrictions remain in effect unless that motor vehicle is sold or transferred for a fair market value.
N.J.S. § 39:3-40.4