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State Ads Seeks Thousands of Rightful Owners of Unclaimed Property

By Herald Staff

TRENTON – State Treasurer David Rousseau announced Aug. 20 that New Jersey planned a series of advertisements beginning last week as part of the continuing effort to find thousands of State residents who are the rightful owners of millions of dollars in unclaimed property.
“The advertisements published in newspapers around the state will list approximately 45,000 names of those who are the rightful owners of forgotten bank accounts, payroll checks, utility deposits and many other types of property,” Treasurer Rousseau said. “We place these ads twice a year as just one of several tools we use in our ongoing effort to reunite New Jersey residents with their lost property.
“In Fiscal Year 2009 the State’s Office of Unclaimed Property returned $80 million to about 42,000 New Jersey residents,” Rousseau said. “We encourage the public to check the ads to see if they have a claim on any property that accumulates interest as it is being held for safe keeping.”
The newspaper advertisements were published today and will also be published tomorrow, and on August 27 and 28. Approximately 45,000 names of those whose unclaimed property with a monetary value of $100 or more was turned over to the State in FY 2009 will be listed in the ads. The ads will appear in a daily or weekly newspaper in each of the 21 counties in
the State. The lists will include the name and last known address of the owners of abandoned funds as reported by entities turning over unclaimed property to the State.
The Unclaimed Property Office maintains the State’s online searchable database for abandoned assets at http://www.state.nj.us/treasury/taxation.

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