Malinowski v. Jacobs

In Simon v. Cronecker, 189 N.J. 341, 915 A.2d 510, 2007 WL 208520 (2007), decided today, we held that after the filing of an action to foreclose a tax certificate on property, a third-party investor purchasing that property may not redeem the certificate without first complying with N.J.S.A. 54:5-89.1 and 54:5-98, which require timely • intervention in the foreclosure action and the payment of more than nominal consideration for the property. Id. at 311, 915 A.2d 493. In the post-foreclosure complaint period, without the court’s oversight and permission, the investor has no right to…