400 Poplar Avenue Linwood, N.J. 08221 | 609-927-4108
Linwood City Hall
Office Hours: Monday – Friday
Tax Collector: Kacey B. Johnson
Assistanct Tax Collector: Danielle Kelly
Fax: (609) 653-2730
Tax Assessor: Diane Hesley
FREQUENTLY ASKED QUESTIONS
WHEN ARE TAX BILLS MAILED?
WHAT ARE THE DUE DATES FOR TAXES?
WHEN ARE SEWER PAYMENTS DUE?
HOW CAN I MAKE MY TAX OR SEWER PAYMENTS?
Checks for payment of Taxes are made out to Tax Collector, City of Linwood.
Checks for payment of Sewer are made out to City of Linwood Sewer.
If a receipt is desired, please send a self-addressed stamped envelope with the entire tax or sewer bill. Bills will be receipted and returned in the envelope provided.
HOW CAN I CHANGE MY MAILING ADDRESS?
Mail Requests to: Tax Collector, City of Linwood
Contact the Atlantic County Board of Taxation to obtain the tax appeal applications and information about the tax appeal process and procedures.
There are two programs offered by State of New Jersey:
Homestead Benefit (for homeowners): 1-888-238-1233 or www.state.nj.us/treasury/taxation/homestead/geninf.shtml
Property Tax Reimbursement (Senior Freeze): 1-800-882-6597or http://www.state.nj.us/treasury/taxation/ptr/buffer.shtml
Other Property Tax Benefits:
Annual Property Tax Deduction for Senior Citizens, Disabled Persons: Annual deduction of up to $250.00 from property taxes for homeowners age 65 or older or disabled who meet certain income and residency requirements.
Annual Deduction for Veterans: Annual deduction of up to $250.00 from taxes due on the real or personal property of qualified war veterans and their unmarried surviving spouses/surviving civil union partners/surviving domestic partners.
Property Tax Exemption for Disabled Veterans: Full exemption from property taxes on a principal residence for certain totally and permanently disabled war veterans and their unmarried surviving spouses/surviving civil union partners/surviving domestic partners. Unmarried surviving spouses/surviving civil union partners/surviving domestic partners of service persons who died on wartime active duty may also qualify.
Bidders are urged to research the properties they are bidding on before the tax sale.
Information regarding the tax sale process can be found in N.J.S.A. 54:5-19 et seq. or on-line at www.njleg.state.nj.us/ . All bidders should become familiar with the "Tax Sale Law".
Tax sale bidding starts at a maximum of 18% rate of redemption, no fractional bidding at the tax sale, please.
Only cash, certified check, official bank check, money order or certification of checks by bank letter will be accepted as payments for the items sold. Successful bidders will have one hour to go to the bank for cash or certified funds.
The tax sale will remain open at the conclusion of all bidding until the Tax Collector’s Office has received payment of all bids made for the purchase of the certificates. If a successful bidder does not appear to make payment, the certificates which were not paid for will be re-auctioned.
Successful bidders have purchased a lien ONLY on the property. The purchase of the tax sale certificate is not a conveyance of title and does not allow the lien holder to set foot on the property.
The tax sale list will be posted on this site under Public Notices as soon as it is advertised. A list may also be obtained by contacting the Tax Office:
The purchased Tax Sale Certificate must be recorded at the Atlantic County Clerk’s Office within 90 days of the date of the tax sale. This is extremely important to protect your interest.
Tax sale certificates shall be issued to the successful bidder within ten (10) days after the sale. After receipt of the certificate, the lien holder may check with the tax office for the amount due on delinquent current year taxes.
An affidavit must be filed in the Tax Collector’s Office when paying subsequent charges, in accordance with N.J.S.A. 54:5-60. Click here to print the Affidavit Form
New Jersey law requires all 566 municipalities to hold at least one tax sale per year, if the municipality has delinquent property taxes and/or municipal charges. You can obtain information on upcoming tax sales by contacting the tax collector in the municipality in question, or from the web site of the Tax Collectors & Treasurers Association of New Jersey: www.tctanj.org/taxsale.html. More detailed information on the tax sale process in New Jersey can be found at www.njtaxlieninvestor.com*.
In New Jersey, property taxes are a continuous lien on the real estate. Property taxes are due in four installments during the year: February 1, May 1, August 1, and November 1. Delinquency on a property may accrue interest at up to 8 per cent for the first $1,500 due, and 18 per cent for any amount over $1,500. If the amount of delinquency on a property exceeds $10,000 at the end of the municipal fiscal year, the municipality may charge up to a 6 per cent year-end penalty.
At the tax sale, title to the delinquent property itself is not sold. What is sold is a tax sale certificate, a lien on the property. Tax sale certificates can earn interest of up to 18 per cent, depending on the winning percentage bid at the auction. At the auction, bidders bid down the interest rate that will be paid by the owner for continuing interest on the certificate amount. If the interest is bid down to one per cent, then a “premium,” is bid starting at $0 to whenever the bidding stops to obtain the tax sale certificate. The premium is kept on deposit with the municipality for up to five years. If the tax sale certificate is not redeemed, or the property foreclosed upon within the five year period, then the premium escheats to the municipality. No interest accrues on the premium to the benefit of the buyer of the tax sale certificate.
The winning bidder is the one who bids the lowest percentage of interest or bids the highest premium. Bidders are urged to contact the Tax Collector for local payment restrictions before the sale) At the close of the sale, the winning bidder must immediately pay (pursuant to the local restrictions) the municipality the taxes and interest to date; in exchange the municipality will provide the bidder the tax sale certificate. In order for the winning lien holder to protect their interest in the tax sale certificate, it should be recorded in the Deed Room at the County Clerk’s Office within 90 days of the sale.
Taxes continue to accrue on the property after the sale of the certificate. Bidders have the option to pay these subsequent taxes; if they are not paid, a tax sale certificate will be sold at the next tax sale. Any subsequent certificate issued will be paramount to any prior certificate. Subsequent taxes paid by the lien holder earn interest at the rate set by the municipality.
If the certificate is redeemed by the property owner prior to foreclosure, the certificate earns a redemption penalty at the rate of 2, 4, or 6 percent, depending on the amount of the original tax sale certificate, in addition to any interest rate on the certificate.
After two years, a lien holder can begin proceedings in Superior Court to foreclose on the property. If foreclosure is perfected, then the name on the deed is changed to that of the lien holder who can then take possession of the property.
This information is intended only as a short introduction to the tax sale process in New Jersey, and not as investment advice. There is no substitute for learning as much about investing in tax sale certificates from the many sources available, both online and in print. As with all investments, the investor must do his or her due diligence when investing in tax sale certificates. Unlike more “passive” investments, like certificates of deposit, or stocks and bonds, tax sale certificates require “active” follow up and management by the investor. By posting this notice, the State of New Jersey neither recommends nor discourages investment in tax sale certificates, and makes no guarantee of profit or positive result from such investment.
* This information, and the content at www.tctanj.org and www.njtaxlieninvestor.com are private organizations; the Division of Local Government Services makes no assurances or guarantees about the reliability of the information. There are provided here only as a potential source of information and does not and is not intended to serve as legal or investment advice.