Interest on New Jersey Judgments
The Rules Governing the courts of the state of New Jersey at 4:42-11(a)(ii) and (iii) , and as more fully set forth therein, describe the methodology by which post-judgment interest is to be calculated. This calculator, which takes into account the court rules, has been designed as a courtesy to assist in approximating the sum due to pay off with interest an outstanding judgment. The calculation should not be relied upon as the amount necessary to pay off the judgment in full and thereby cause the judgment to be released. Rather, you should consult with counsel in order to obtain from the named creditor the full amount necessary to pay the judgment in full.