A man living in northern New Jersey has been charged with stealing a prime internet domain name and reselling it for $111,000 in the first prosecution of a suspected domain name thief in state history.

Authorities say Daniel Goncalves, 25, of Union, hacked into an online account belonging to one of the owners of the P2P.com domain name. He allegedly shifted ownership to himself and resold the Web site address on eBay to professional basketball player Mark Madsen of the Los Angeles Clippers.