EMAIL: Frances Florentine
Brian Enright, CTA
For online payments visit: Tax Payments
Due Dates for Taxes:
1st Quarter - February 1st
2nd Quarter - May 1st
3rd Quarter - August 1st
4th Quarter - November 1st
The Borough of Spring Lake, by passage of a yearly Resolution, allows a grace period before charging a penalty for late payment of taxes. Delinquent interest is charged after the 10th day of the month that taxes are due. The State of New Jersey does not allow the Tax Collector to accept postmarks; therefore all payments must be received in the tax office on or before the 10th. If the 10th falls on a weekend or legal holiday, the taxpayer has until the next business day to make a payment.
Once the account is delinquent, interest goes back to the 1st of the quarter at 8% on the first $1,500.00 and 18% on anything over $1,500.00. If tax charges are not paid by December 31st, they are subject to Tax Sale and a Year End Penalty of 6% on properties that owe $10,000.00 including principal, interest and Water/Sewer combined.
Special Assessments are billed annually with a thirty day grace period. Yearly interest on installments is 4%. Once the account becomes delinquent, interest is calculated at the same rate as taxes. Prior year charges are eligible for tax sale. Once the Tax Sale Notice is sent, the entire loan balance is due.