N.J. Stat. § 59:13-8: Interest on judgments

Interest on judgments. No interest shall accrue prior to the entry of judgment in a court of competent jurisdiction, except that the court, in its discretion, may award prejudgment interest on the whole or part of a judgment arising out of or relating to claims for the construction or installation of improvements to real property in accordance with principles of equity.

L.1972, c.45, s.59:13-8; amended 2001, c.202.