Editor's note: This article was updated at 8 p.m. on Aug. 1 to include additional information released from the Monmouth County Prosecutor's Office.

A Newark man was arrested and charged Tuesday with attempted murder and carjacking for allegedly stabbing a cab driver and then stealing his cab in the Cliffwood Beach section of Aberdeen Township on June 16, 2012.

Police say that Justin Falcon, 33, got in a cab driven by a 55-year-old man at the Keyport 7-Eleven and drove to nearby Wayside Drive in the Cliffwood Beach section of Aberdeen.

When the cab arrived on Wayside Drive, Falcon allegedly began stabbing the man in the area of his face and throat, according to the Monmouth County Prosecutor's Office. Investigators say that Falco then allegedly stole the driver's wallet, which contained about $250, and his cab. Leaving the scene, Falcon also allegedly attempted to run the victim over, who was on the ground due to the injuries he sustained, according to the Monmouth County Prosecutor's Office.

The Aberdeen Township Police Department received a call about the stabbing at 11:45 p.m. The cab driver was medevaced to Robert Wood Johnson University Hospital in New Brunswick where he was initially listed in critical condition. He was treated for his injuries and eventually released, according to the Monmouth County Prosecutor's Office.

The cab was recovered several hours later in Keyport.

Falcon is charged with one count each of first degree attempted murder, first degree carjacking, first degree robbery, fourth degree unlawful possession of a weapon, third degree possession of a weapon for an unlawful purpose and fourth degree certain persons not to have weapons, according to the Monmouth County Prosecutor's Office.

The attempted murder and robbery charges each carry a maximum sentence of twenty years in prison, explained the Monmouth County Prosecutor's Office. The carjacking charge carries a maximum sentence of thirty years in prison. The possession of a weapon for an unlawful purpose charge has a five year maximum prison sentence while the unlawful possession of a weapon and the certain persons not to have weapons charges each carry a maximum prison sentence of eighteen months, according to the Monmouth County Prosecutor's Office. The charges of attempted murder, carjacking and robbery are all subject to the provisions of the No Early Release Act (N.E.R.A.), which requires that anyone convicted of these offenses must serve 85% of their sentence before they are eligible for parole, according to the Monmouth County Prosecutor's Office.

Falcon was committed to the Monmouth County Correctional Institution in lieu of $500,000 bail with no option of a 10% cash alternative, which was set yesterday by the Honorable Richard W. English, J.S.C.