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N.J. Stat. § 39:3-37.1 entitled "Unlawful loan of license, vehicle; penalty" says the following: a. A person who has been issued a driver's license shall not lend that driver's license for use by another person.b. A person who owns, leases or otherwise has control or custody of a motor vehicle registered under the provisions of this title shall not allow that motor vehicle to be operated by an unlicensed driver.c. The penalty for a violation of this section shall be a fine of not less than $ 200 or more than $ 500, imprisonment for not more than 15 days, or both.
You will likely be assessed the minimum fine and no jail time will be given.