Property taxes are due 4 times a year with a ten-day grace period:
- February 1
- May 1
- August 1
- November 1
Failure to receive a tax bill does not exempt you from paying taxes and any interest due to late payments per State Statute N.J.S.A. 54:4-64. The Borough of Ramsey has a resolution to charge 8% on the first $1500.00 and 18% on amounts greater than $1500.00 on delinquencies. If by the end of the year, the accumulation of all municipal charges, including water and sewer and interest, are over $10,000.00, a 6% penalty is applied to the taxes.
An improvement to your home increases the selling price and your property tax. This will generate an added assessment tax bill. It will be issued at the end of October and Due November 1, February 1 and May 1. The following year the additional tax will be included in your regular bill. Sometimes these added bills are retroactive for 2 full years. If your bank escrows for taxes, we recommend you call them to make sure they are going to pay it. Some mortgage companies consider this your responsibility. If payment is not made by your mortgage company and your payment is late, we must charge interest.
PAYMENT OPTIONS & REMINDERS You can sign up for e-mail reminders at www.ramseynj.com. We also have on-line payments through our website https://wipp.edmundsassoc.com/Wipp0248/ as well as a form for automatic withdrawals (ACH), ACH Direct Withdrawl Form.
For your convenience, there is a drop box in front of the building to the right of the doors for after-hours payments. Please do not put anything in the box during working hours since it will not be credited until the following day which may incur a late charge.
If taxes, water/sewer and any other municipal charges are unpaid from the prior year, the Tax Collector must hold a Tax Sale. Tax Sale is the enforcement of collections against a property by placing a lien against the property. Ramsey is a calendar year, therefore, any charges due by December 31 that are unpaid, will be sold at Tax Sale in the following year.
The State of New Jersey Tax Relief programs are as follows:
Property Tax Freeze– also called the Property Tax Reimbursement Program