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Tax
Lien Certificates In New Jersey NJ
New Jersey
is a good state for tax lien
certificate sales. Here is a
summary of information for tax
sales in New Jersey:
Interest
Rate
18%
or more depending on penalties
Redemption
Period
2
years
New Jersey
tax lien auctions
Varies,
depending on municipality
New Jersey
tax deed sales
New Jersey
does have tax deed sales
Bidding
Process
All
auctions are by competitive bid
and start by bidding the interest
rate down. However,
subsequent years taxes revert back
to 18%.
State
Specific Information
New Jersey
is a good tax lien
certificate investing state
because the interest rate is high
and the redemption period is
short.
The tax sales take place on a municipality level.
Visit this resource to
learn more:
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