Behind on Property Taxes in NJ? Your Options Explained

Falling behind on property taxes in New Jersey can lead to a tax sale certificate being placed on your property, which could eventually result in losing your home. NJ municipalities sell these certificates to investors annually, and the investor can foreclose on your property if the debt isn't paid within a redemption period (typically 2 years). The good news is that you have options. You can set up a payment plan with your municipality, apply for property tax relief programs, or sell your home before the situation escalates. At Sargent Homes, we regularly help homeowners who are behind on property taxes. When we buy your home, we pay off the tax liens at closing, so you walk away clean. We can also advance you money against your sale proceeds to help with immediate financial needs while we work toward closing.