As a statutory officer of the State of New Jersey, the tax collector is obligated to follow all state statutes regarding property tax collection, including billing, due dates, interest on delinquent tax payments, and tax sale procedures.
The tax collector is required by state law to hold a tax sale each year for the prior year's unpaid municipal charges. If you do not pay your property taxes, a lien will be sold against the property for any unpaid taxes owed from the previous year. This includes sewer charges or any other municipal charges. Your property is not sold at the tax sale; a lien is placed on it.
The tax sale is advertised in the Asbury Park Press for four weeks prior to the sale. The lien holder will receive a legal document referred to as a tax certificate that must be recorded with Hall of Records in Freehold. The tax sale certificate that is issued is the detailed receipt of what the lien holder purchased at the tax sale. The certificate must be held for two years from the date of sale before the lien holder may start to foreclose on the property. The homeowner has the right to redeem the tax sale certificate any time prior to the final judgment being filed. Liens must be redeemed in full with guaranteed funds.