N.J. Admin. Code § 13:21-3.8
When the contract or terms of the security agreement noted on the electronic title have been performed, and the secured party is a participating lien holder in the Electronic Lien and Titling Program, the seller or secured party participating lien holder shall deliver proper evidence of satisfaction of the contract or termination of the security interest to the Commission, in an electronic format, containing evidence of such performance or termination within 15 days after the performance of the contract or termination of the security interest. The Chief Administrator shall thereupon cause a notation to be made on his or her records of electronic title or certificate of ownership of the motor vehicle that the contract has been satisfied or the security interest terminated and deliver to the owner of record a paper certificate of ownership at the address provided to the Commission for the registration of the vehicle pursuant to 39:3-4.
N.J. Admin. Code § 13:21-3.8