Under New Jersey law, what is required for a sales contract to be enforceable?

In New Jersey, for a sales contract to be enforceable, it must be in writing. This requirement aligns with the Statute of Frauds, which mandates that certain types of contracts, including those related to the sale of real estate, should be in writing to be legally binding. The written document serves to provide clear evidence of the agreement between the parties and helps to prevent misunderstandings or disputes regarding the terms of the contract.

While notarization can add an extra layer of authenticity and may be required in some contexts, it is not a general requirement for the enforceability of sales contracts under New Jersey law. Presenting the contract in person is not a stipulation for its enforceability, as contracts can be executed remotely. Additionally, while appraisals may be necessary for establishing value or securing financing, they are not a prerequisite for the validity of the contract itself. Hence, having the contract in writing is the key element that ensures enforceability.