Actually, it is called Certificate of Continued Occupancy. The inspection is required each time ownership changes. If it's a rental, the inspection is required for each new tenant (unless the previous one has been there for under one year. It looks for smoke and CO detectors;
6" house numbers (the setback throughout the town for the house is 75' from the curb); steps & landings; railings; washer/drier discharge and venting; doors ("Front door must have a thumb latch lock from the interior, keyed cylinders from the interior are not allowed"); heating unit must be operational; garage (no extension cords for the opener, and the door to the house must be maintained in operative condition; roof; stove/range; floors (free of tripping hazards); plumbing; electrical; yard & Property; fences, general conditions, fire extinguishers (2A-10BC and not weigh more than 10 lbs.)The inspection costs $155 in Manalapan. It's all part of what I call Manalapan's Exit Tax. In adjacent Marlboro, it's $135.
As I write this, the town's server is down, so I can't give you a link.