On April 17, 2020, the Diocese of Camden announced that despite its status as a football powerhouse, St. Joseph was one of five Catholic schools in New Jersey which would close permanently at the end of the school year on June 30, 2020 due to financial problems caused by lack of enrollment in recent years and lack of community fundraising, which the school reliant on less significant diocesan and parish fundraising. An offer which was made by fundraisers in June 2020 to purchase the school facility was rejected by the Diocese of Camden.