Newark Title 14 licenses secondhand dealers and pawnbrokers, requiring transaction reporting to the Newark Police Department and minimum holding periods to deter trafficking in stolen goods.
Secondhand goods dealers, including pawnbrokers, jewelry buyers, and used electronics shops, must obtain a Newark dealer license under Title 14. Operators record each transaction with seller ID and item description and report data electronically to NPD, consistent with NJ §2C:21-36 reporting duties. Items typically must be held a minimum of seven days before resale, and police may place additional holds on suspected stolen property. Background checks apply to owners and managers, and zoning approval is required before the license issues.
Operating without a secondhand dealer license, failing to record or report transactions, or reselling within the holding period can result in fines, license revocation, and criminal referral.
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