N.J. Stat. » Title 20 — EMINENT DOMAIN
New Jersey Statutes

N.J. Stat. § 20:3-32 (2026)

Disputes as to interest

✓ current as of May 2026
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Unless agreed upon by the parties, the amount of such interest shall be fixed and determined by the court in a summary manner after final determination of compensation, and shall be added to the amount of the award or judgment, as the case may be.

Notes of Decisions
Cited in 6 cases (1 in the last 5 years), 1997–2025 · leading case: Hous. Fin. & Dev. Corp. v. Ferguson, 979 P.2d 1107 (Haw. 1999).
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Hous. Fin. & Dev. Corp. v. Ferguson, 979 P.2d 1107 (Haw. 1999). “340 (West 1982) (providing that the judge shall determine interest in condemnation actions); N.J. Stat. Ann § 20:3-32 (West 1997) (same).”
State v. Fairweather, 689 A.2d 817 (N.J. Super. Ct. App. Div. 1997). “2d 184 (1976) (interpreting N.J.S.A. 20:3-32). See also Jersey City Redevelopment Agency v.”
State of New Jersey, by the Comm'r of Transp. Vs. St. Mary's Church (l-3076-10, Camden Cnty. & Statewide) (N.J. Super. Ct. App. Div. 2020). · cites it 10× “The Commissioner argued that N.J.S.A. 20:3-32 vests in the trial court broad discretion to set an interest rate on awards of just compensation and relied on Rule 4:42-11(a)(iii) as a guideline for the exercise of the court's discretion.”
Parking Auth. of the City of Camden, Etc. Vs. Est. of Milton Rubin (l-3605-14 & L-2436-14, Camden Cnty. & Statewide) (N.J. Super. Ct. App. Div. 2020). “"Unless agreed upon by the parties, the amount of such interest shall be fixed and determined by the court in a summary manner after final determination of compensation[.”
Parking Auth. of the City of Camden, Etc. Vs. Est. of Milton Rubin (l-3605-14 & L-2436-14, Camden Cnty. & Statewide) (N.J. Super. Ct. App. Div. 2020). “"Unless agreed upon by the parties, the amount of such interest shall be fixed and determined by the court in a summary manner after final determination of compensation[.”
State of New Jersey, by the Comm'r of Transp. v. Krismic Assocs., Inc. (N.J. Super. Ct. App. Div. 2025). “" N.J.S.A. 20:3-32. Importantly, "trial judges have broad discretion in setting the interest rate on a judgment.”
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