|Primary Sale Type:||Tax Lien Certificate|
|Sale Date(s):||Vareis: set by taxing jurisdiction|
|Bid Type:||Bidding-Down-Interest, then Premium Bidding|
|Rate of Return:||18% per annum - maximum interest, plus 6% penalty upon redemption|
|Redemption Period:||2 years from date of sale|
|Statute Section(s):||NJ Revised Statutes - Title 54, Subtitle 2 CH 5|
The two most populous areas in New Jersey are Bergen (905,000+) and Middlesex (809,000+) County.
New Jersey is classified as a Tax Lien Certificate state, with each municipality holding at least one sale per year.
Auction Process / Redemption:
|Resource||Description||Instructions and Additional Information|
|State of New Jersey, Division of Local Government Services||List of New Jersey's 566 Municipalities together with websites, if such exist.||NA|
|Tax Collectors & Treasurers Association of New Jersey||Information on upcoming tax sales by the tax collector / municipality in question.||NA|