Understanding Theft Laws in New Jersey Being accused of theft in New Jersey can be a daunting experience. It's crucial to understand the state's legal framework to navigate the situation effectively. New Jersey defines theft broadly, covering a range of actions from shoplifting to embezzlement. According to New Jersey Statute 2C:20-3, theft occurs when someone unlawfully takes movable property of another with the purpose to deprive him thereof. The severity of the charges and the potential penalties depend on the value of the stolen property. Here's a breakdown: 💰 Disorderly Persons Offense: Property valued at less than $200. Penalties can include up to six months in jail and a $1,000 fine. 💼 Fourth Degree Crime: Property valued between $200 and $500. Penalties can include up to 18 months in prison and a $10,000 fine. 🏛️ Third Degree Crime: Property valued between $500 and $75,000. Penalties can include three to five years in prison and a $15,000 ...