Revises tax lien foreclosure process to require return of surplus equity in all circumstances, requires appointment of guardian ad litem for certain persons during foreclosure proceeding.

This bill updates New Jersey's tax lien foreclosure rules to ensure that any leftover money, known as surplus equity, is returned to property owners in all situations. It also mandates that a court-appointed guardian be assigned to protect the interests of minors, individuals with intellectual disabilities, or those legally declared incapacitated who live in homes facing foreclosure. Additionally, the legislation requires tax lien holders to sell properties through a judicial process similar to mortgage foreclosures to preserve owner equity, rather than using internet auctions where surplus funds might be lost. These changes directly affect tax collectors, lienholders, and vulnerable residents involved in tax sale proceedings.