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Borough of Roseland Essex County NJ – Tax Lien Auction

December 6, 2024 @ 10:00 am - 5:00 pm

Borough of Roseland Tax Sale Information

The Borough of Roseland in Essex County will hold its Annual Delinquent Property Tax Sale Auction on Friday, December 6, 2024, at 10:00 AM. This event will take place at 140 Eagle Rock Avenue, Level 2A, Roseland, NJ 07068. All bidders are required to register by December 4, 2024, at 4:30 PM.

Key Auction Details:

Date: December 6, 2024
Location: 140 Eagle Rock Avenue, Level 2A, Roseland, NJ 07068
Time: 10:00 AM
Registration Deadline: December 4, 2024, by 4:30 PM (Email completed Tax Sale Bidder Information Sheet and W-9 form to [email protected]
Payment Methods: Certified funds, cash, money orders, or wire transfers. Separate checks are required for taxes, utilities, and premiums.

Terms of Sale:

Non-Payment Penalty: A 6% year-end penalty is applicable.

Bidding Process: The municipality conducts this annual tax sale to collect unpaid taxes and municipal charges. Bidders compete by bidding down the interest rate they are willing to accept on unpaid taxes, with a cap at 9% for real estate and 18% for mobile homes.

Redemption Period: The property owner has the right to redeem their property by repaying the taxes, interest, and penalties owed within a legally specified redemption period.

Tax Lien Certificate Issuance: Winning bidders will receive their Tax Sale Certificate within ten days after the auction, and they must record this certificate at the Essex County Clerk’s Office within 90 days.

How to Participate:

Register by December 4, 2024 – Submit a completed Tax Sale Bidder Information Sheet and W-9 form to [email protected] by 4:30 PM. Bidders will receive their bidder numbers via email.

Attend the Auction – Bring your bidder number to the auction at 140 Eagle Rock Avenue, Level 2A, Roseland, NJ, starting at 10:00 AM on December 6, 2024.

Payment Requirements – Payments are due in certified funds or wire transfers, with a one-hour grace period allowed to obtain certified funds if needed.

Links you might need for the Roseland Borough, Essex County, New Jersey, Tax Auction

The Roseland tax sale is an annual opportunity to invest in tax liens on properties with unpaid municipal taxes and charges. Successful bidders earn interest on their investment and, if the property owner redeems the property, receive repayment with interest. For those looking to secure an asset, following the necessary steps post-sale may allow for eventual property ownership.

For further details or to confirm your participation, contact the Tax Office at 973-403-6884 or by email at [email protected].

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