BAIL BONDS IN NEW JERSEY
The cost for a Bail Bond is 10% of the actual bail amount. This is an insurance premium rate filed with the New Jersey Department of Banking and Insurance. It is the same as a premium one pays for any other insurance policy in New Jersey. It is illegal to rebate (price cut).
RELEASE OPTIONS
CASH BAIL To be released on cash bail, the total amount of the bail needs to be posted or paid in cash. When the conditions of the bail have been met, the Court will return the bail amount to the depositor.
Bail is a guarantee that the defendant will appear at all scheduled court events. Be aware of agreeing to any other conditions attached to the bail. A violation could result in the forfeiture of bail. The bail money will be forfeited by the Court if the conditions have been breached.
CASH BAIL 10% Option 10 % of the actual bail amount is deposited. When the conditions of bail have been met the deposited amount will be returned to the depositor.
PROPERTY BOND A lien is placed against real property that is posted as a bail bond. The required equity plus an additional $20,000 to $25,000 is needed. There are specific requirements that must be met. Recent appraisal, title search, taxes current. Contact the Superior Court Bail Unit for information.
RELEASE ON OWN RECOGNIZANCE (ROR) No bail is required. Defendant signs a written promise to appear in court.
BAIL BOND (CORPORATE SURETY) "Garden State Bail Pros" will post your bond for you.