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New Jersey - Property Distribution.


New Jersey is an "equitable distribution" state. A spouse's separate Property acquired before a Marriage is retained by that spouse. All of the spouse's other Property (except that acquired by gift and inheritance) is divided equitably, based on the following factors:
 
(1) the value of each spouse's marital Property; (2) the value of the separate Property of the spouses; (3) the length of the Marriage; (4) the age and health of the spouses; (5) the amount and sources of income of the spouses; (6) the liabilities and needs of each spouse and the opportunity of each for further acquisition of capital assets and income; (7) the standard of living established during the Marriage; (8) how and by whom the Property was acquired; (9) the tax consequences to each spouse; (10) the contribution of each spouse to the acquisition of the marital Property, including the contribution of each spouse as homemaker; (11) the economic circumstances of each spouse at the time the division of Property is to become effective; (12) any written agreement between the spouses; (13) the income and earning capacity of the spouses; (14) the educational background, training, and employment skills of the spouses; (15) any custodial responsibilities; (16) the length of absence from the job market; (17) the
 
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