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New Jersey requires 120 days public notice once the reasonable effort to publicly notify has begun. Naturally, the fortuitous party who discovered the loot wants it considered abandoned and thus ?finders-keepers.? Finding hidden treasure in the home you own is usually yours to keep under the law.
One of the cardinal rules of metal detecting is to always obtain a land owner's permission to search an area (if it's not public property where you know it's allowed), before you start swinging your detector.
Code § -2.16. A person shall not use metal detectors or similar devices without a permit issued by the Superintendent or designee. The permit may limit the location, hours, and days of use.
Metal detectors are not allowed and all historic objects and buildings are protected. Plants and animals are protected within the national recreation area. Fires are allowed only in designated areas. Alcoholic beverages at Sandy Hook are prohibited.
Law: Metal Detecting is permitted in many parks with some restrictions. Follow web-link for details. Remember it is illegal to Metal Detect in a National Park, Recreational Area or at a National Monument. Find and Read Title 36 in the Right Column on this Page.
Archaeologists will generally make provision with the landowner for objects they find to go into a public collection, such as a museum. Most metal-detectorists and some other finders often want to keep finds they make (for their own collection or to sell on).
That depends on your criteria. If you base your question strictly on monetary gains from the total time invested in metal detecting versus the same hours spent earning an average hourly wage, then over the long-term metal detecting will most likely fall short of your expectations.
In an effort to provide an outlet for physical exercise/activity, the following exceptions are hereby granted on all public beaches: walking, jogging, biking, fishing, surfing and metal detecting.