Establishes time periods for adverse possession of certain property.

This bill establishes a 20-year standard for adverse possession of private property in New Jersey, meaning someone who openly, continuously, and notoriously occupies property for 20 years without the legal owner objecting may gain full ownership. It directly affects property occupants making adverse possession claims and protects public entities (like municipalities, schools, or utilities) and non-profits using land for public purposes from such claims. The bill also creates a separate 40-year requirement for property that was once tidal-flowed but is no longer, adding conditions like tax payments and proper property recording. It repeals conflicting older laws to clarify the process and applies to all possession periods starting before, during, or after the bill's effective date.