It happened around 8:30 a.m. on Route 3 in East Rutherford during the height of the morning commute.
Police say they received a call of an armored truck spilling cash across the western lanes.
Video shows drivers exiting their cars to collect the money, which authorities say led to multiple motor vehicle accidents.
It is unknown how much money ended up on the roadway or if those who collected it will be allowed to keep it.
Law enforcement officers would likely have their work cut out for them were they to attempt to track down the culprits.
Detectives are investigating, and anyone with information or video of the incident is urged to call police at 201-438-0165.