NJ S4754

Designates the portion of State Highway Route 35 in Laurence Harbor from milepost 45.37 to milepost 47.26 as the "James Francisco and Walter Schmidt Memorial Roadway"

Honors James Leonard Francisco, a Purple Heart recipient killed in action in Vietnam on February 5, 1969, while serving as a Private First Class with the 9th Infantry Division

Honors Walter James Schmidt, a Silver Star and Purple Heart recipient killed in action in Vietnam on November 8, 1966, while serving as a Specialist 4 with the 1st Battalion, 28th Infantry

Prohibits use of state or public funds for producing, purchasing, or erecting the memorial signs

Authorizes the Commissioner of Transportation to accept private gifts, grants, or financial assistance for sign costs, with work not proceeding until a responsible party agrees to cover all expenses