New Jersey Statutes Appendix - Former Title 3A Administration of Estates Decedents and Others 3A § 24-16

The real estate of any person who shall die seized thereof or entitled to the same, as well as any share or part of a share of propriety of undivided rights or warrants to locate lands in this state, shall be and remain liable for the payment of his debts for 1 year after his decease, and may be sold by virtue of an action as provided in article 6 of this chapter, if the action is commenced within said period of 1 year, any alienation or encumbrance made or attempted to be made by his heir or devisee to the contrary notwithstanding. Nothing herein contained shall affect any right of dower or curtesy in said real estate.

If an executor, administrator with the will annexed or trustee shall, pursuant to a power of sale given in the will under which he was appointed and qualified, make a bona fide sale of any real estate of the decedent within said period of 1 year, and the sale is approved by the superior court or the county court, as the case may be, as in the case of sales made by an administrator with the will annexed, the real estate sold shall be no longer liable for the payment of the debts of the decedent.