New Jersey Statutes Appendix - Former Title 3A Administration of Estates Decedents and Others 3A § 24-37

If the real and personal estate of a testator or intestate is insufficient to pay his debts, both his real and personal estate shall be applied to the preferred expenses and debts in accordance with section 3A:24-2 of this title, and the balance shall be distributed among his creditors in proportion to the sum due to each.