N.J. Stat. § 2A:55-9: Several acts in condition in bond, bill, or contract

When the condition of a bond, bill or contract provides for the performance of more than a single act, an action brought thereon with respect to a breach or breaches occurring prior to the commencement of the action shall not bar the bringing of other actions for any breach or breaches occurring thereafter.

L.1951 (1st SS), c.344.