Britt, 22, faces charges of eluding the officer, hindering apprehension and obstructing governmental function, Bayonne Police Chief Robert Kubert said.
Britt was driving his blue Porsche at 71 mph in a 50-mph zone Tuesday afternoon, according to Kubert, who said Britt drove away from the officer and was eventually found on a side street walking away from the car. Kubert said Britt first denied being in the car, then denied driving and then finally admitted he was behind the wheel.
Police said a passenger in the vehicle with Britt also faces three criminal charges. Both men have been released on summonses.
The agency that represents Britt said Tuesday it was not prepared to comment on his arrest. Titans spokesman Robbie Bohren said only that the team was aware of the reports.
Britt has an April 19 court appearance.
It's not the first run-in with the law for the former Rutgers University standout, who became the first player from the university drafted in the first round when he was picked by the Titans in 2009.
Britt was arrested in January 2010 for three outstanding traffic warrants during a New Jersey traffic stop. He paid the $865 due and was released.
He's also involved in civil litigation in New Jersey for allegedly not paying a bail bond he helped secure for a friend, according to Hudson County Prosecutor Edward DeFazio.
Nashville police stopped him in August during training camp, ticketing him for driving without a license because he obtained a photo ID after misplacing his license.
He also was accused of being involved in a bar fight Oct. 22 in Nashville, but authorities later decided not to charge him.
Titans coach Jeff Fisher benched the receiver after repeated mistakes during a preseason game.