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 from acquiring or owning land within 10 miles of military facilities in New Jersey. Existing foreign owners of such "protected land" must sell or transfer ownership to a U.S. entity within five years of the law's effective date. Limited exceptions allow temporary ownership for debt-related acquisitions (requiring sale within two years) or inheritance, but not for new purchases. The law does not apply to foreign entities covered by U.S. treaties.