New Jersey Statutes Appendix - Former Title 3A Administration of Estates Decedents and Others 3A § 16-12

A sale of real estate made by an administrator with the will annexed or a substituted administrator with the will annexed pursuant to section 3A:16-9 or 3A:16-10 of this title shall be valid provided the terms thereof have been approved by the superior court or the county court of the county wherein the real estate lies.

Upon an application for such approval, the court shall require the fiduciary to give such additional security, by bond to the superior court, as the court may deem advisable, having regard to the value of the real estate to be sold, for the proper distribution of the proceeds of sale.