Prohibits ownership of certain protected land adjacent to military facilities in State by certain foreign governments and persons.

This bill prohibits foreign governments and certain foreign persons (including non-U.S. entities controlled by foreign governments) from owning or acquiring land within 10 miles of military facilities in New Jersey. Current owners of such "protected land" must sell their interest within five years to a U.S. entity, with limited exceptions for land obtained through debt collection, foreclosure, or inheritance (requiring sale within two years). The law does not apply to land owned under U.S. treaties with other countries. It directly affects foreign governments and entities deemed "foreign persons" under the bill's definition.