Annual Tax Sale
Taxes are a charge against the property and not a personal debt. In order to enforce the collection of delinquent taxes, the Tax Collector must hold a Tax Sale each year. At the sale, a lien is sold for the amount of delinquent taxes or other municipal charge, water and sewer charges, plus interest and Costs of Sale. The sale is done by public auction.
Cost of Sale
When advertising begins, additional fees are assessed for the cost of holding the sale, as well as advertising costs. The minimum is $15.00, the maximum is $100.00, based on 2% of the total years tax and interest. The costs are added to the lien.
Prior to the Tax Sale, a list of properties on the Sale is published in the Asbury Park Press and a notice is sent to the property owner. Once the list of property owners has been provided to the Asbury Park Press for publication, names cannot be removed. This includes those who have remitted payment to the Tax Collectors Office after submittal of public notice, but prior to tax sale. To be removed from the Sale, full payment of the amounts to go to Sale must be made prior to the date of the Sale.
Unpaid delinquencies will be subject to advertising, N.J.S.A. 54:5-26.