Bergen County New Jersey Tax Sale

In New Jersey, the County Tax Collector will sell Tax Lien Certificates to winning bidders at the Bergen County Tax Lien Certificates sale. According to state law New Jersey Tax Lien Certificates can earn as much as 18% per annum 4% - 6% on the amount winning bidders pay to purchase New Jersey Tax Lien Certificates. In addition, New Jersey Tax Lien Certificates are secured by real estate. According to New Jersey law a property owner has Two (2) years to pay Bergen County the amount the winning bidder paid to purchase the Tax Lien Certificates plus 18% per annum 4% - 6% or risk forfeiting the property to the person who purchased the Tax Lien Certificates at the Bergen County Tax Lien Certificates sale.

Bergen County New Jersey Tax Sale Discussion

Below you will find a collection of the latest user questions and comments relating to the sale of tax lien certificates and tax deed properties in Bergen County New Jersey.

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Yvonne Charles
In Bergen County,on the day of your schedule auction sale for tax lien certificates, can a person purchase liens online. After the scheduled county auction sale of tax liens certificates in Bergen County, do you have an online sale of whatever left over tax liens you have. If you do have online, is there a website where bids can be placed?
TaxLienUniversity.com
Andrew, I think you misunderstand the tax lien certificate process. You are correct in that the interest rate can be bid down from 18 percent to 0 percent at which point a premium bid process begins.

The premium bidding process increases the face amount of the tax lien certificate. The bidder with the greatest overbid wins the right to purchase the tax lien certificate.

Upon redemption the delinquent owner must pay what was paid to purchase the tax lien certificate plus interest. AND for tax lien certificates greater than $10,000, a 6% penalty is added. Some municipalities include an additional 6% year end penalty.
Andrew Falco
I am not clear about the auctioning process for the initial tax lien. You say and I've read this elsewhere that there is an auctioning process which can effectively take the interest rate from 18 to 0 and then the bidder will need to pay a premium over the amount of the taxes due.

So when bidding on a tax lien that hypothetically has an outstanding amount of 10,000 the purchaser could agree to pay the collector 11,000in order to receive the whopping sum of 0%. My limited understanding of math indicates this is losing proposition unless of course this tax lien holder purchases the next tax lien which of course may not become available.

If it does become available under what condition s would this tax lien holder not want to purchase the second lien and get a blended rate. I know it's possible he may not have additional money to invest but other than that how could he not purchase it?
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Cities located in Bergen County New Jersey

The following is a list of cities and towns located in Bergen County New Jersey.

Tax Lien Certificates for properties located in the following cities are sold at the Bergen County New Jersey tax sale.

Town/City:  Population: 
Allendale, NJ  6,676
Alpine, NJ  1,576
Bergenfield, NJ  26,264
Bogota, NJ  8,249
Carlstadt, NJ  5,917
Cliff Park, NJ  23,007
Cliffside Park, NJ  23,007
Cliffside Pk, NJ  23,007
Closter, NJ  8,975
Cresskill, NJ  7,746
Darlington, NJ  14,374
Demarest, NJ  4,845
Dumont, NJ  17,486
E Rutherford, NJ  8,716
East Rutherford, NJ  8,716
Edgewater, NJ  7,677
Elmwood Park, NJ  18,925
Emerson, NJ  7,197
Englewd Clfs, NJ  5,322
Englewood, NJ  31,525
Englewood Cliffs, NJ  5,322
Fair Lawn, NJ  31,637
Fairlawn, NJ  31,637
Fairview, NJ  13,255
Fort Lee, NJ  35,461
Franklin Lakes, NJ  10,422
Franklin Lks, NJ  10,422
Garfield, NJ  29,851
Glen Rock, NJ  11,546
Hack, NJ  42,677
Hackensack, NJ  42,677
Harrington Park, NJ  4,740
Harrington Pk, NJ  4,740
Hasbrouck Heights, NJ  11,662
Hasbrouck Hts, NJ  11,662
Haworth, NJ  3,390
Hillsdale, NJ  10,087
Ho Ho Kus, NJ  4,060
Leonia, NJ  8,914
Little Ferry, NJ  10,800
Lodi, NJ  23,971
Lyndhurst, NJ  19,383
Mahwah, NJ  24,062
Maywood, NJ  9,523
Midland Park, NJ  6,947
Midland Pk, NJ  6,947
Montvale, NJ  7,034
Moonachie, NJ  2,754
Morsemere, NJ  10,830
N Arlington, NJ  15,181
N Milford, NJ  16,400
New Milford, NJ  16,400
North Arlington, NJ  15,181
Northvale, NJ  4,851
Norwood, NJ  5,766
Oakland, NJ  12,466
Old Tappan, NJ  40,613
Oradell, NJ  8,047
Outwater, NJ  29,851
Palisade, NJ  35,461
Palisades Park, NJ  17,073
Palisades Pk, NJ  17,073
Paramus, NJ  25,737
Park Ridge, NJ  8,708
Radburn, NJ  31,637
Ramsey, NJ  14,374
Ridgefield, NJ  10,830
Ridgefield Park, NJ  12,873
Ridgefield Pk, NJ  12,873
Ridgewood, NJ  36,482
Ritz, NJ  29,851
River Edge, NJ  10,946
River Vale, NJ  40,613
Rivervale, NJ  40,613
Rochelle Park, NJ  5,528
Rockleigh, NJ  4,851
Rutherford, NJ  18,110
S Hackensack, NJ  2,187
Saddle Brook, NJ  13,155
Saddle River, NJ  10,942
South Hackensack, NJ  2,187
Teaneck, NJ  39,260
Tenafly, NJ  13,806
Teterboro, NJ  16
U Saddle Riv, NJ  10,942
Upper Saddle River, NJ  10,942
Waldwick, NJ  9,622
Wallington, NJ  11,583
West Englewood, NJ  39,260
West Fort Lee, NJ  35,461
Westwood, NJ  40,613
Wood Ridge, NJ  7,643
Wood-ridge, NJ  7,643
Wyckoff, NJ  16,508

Counties located in New Jersey

The following is a list of counties located in the state of New Jersey.

Tax Lien Certificates for properties located in the following counties are sold at New Jersey county tax sales.

Learn more about each county's individual tax sale process by clicking on the name of the county for which you are interested from the list below:

County / Municipality:  Population: 
Atlantic County, NJ  252,552
Bergen County, NJ  884,118
Burlington County, NJ  423,394
Camden County, NJ  508,932
Cape May County, NJ  102,326
Cumberland County, NJ  146,438
Essex County, NJ  793,633
Gloucester County, NJ  254,673
Hudson County, NJ  608,975
Hunterdon County, NJ  121,989
Mercer County, NJ  350,761
Middlesex County, NJ  750,162
Monmouth County, NJ  615,301
Morris County, NJ  470,212
Ocean County, NJ  510,916
Passaic County, NJ  489,049
Salem County, NJ  64,285
Somerset County, NJ  297,490
Sussex County, NJ  144,166
Union County, NJ  522,541
Warren County, NJ  102,437

Tax Lien University, Inc. is an educational organization, and individual performance depends upon the individual skills, time availability, and dedication of each student. Testimonials included may not represent typical results. Unique experiences and past performances do not guarantee future results. Tax Lien University, Inc. its owners, employees, and affiliates do not give investment or financial advice and are not licensed as brokers by or registered as advisors with any agency. If legal advice or other expert assistance is required, the services of a competent professional person should be sought.

Bergen County, NJ



County Website:
Auction Website:
Tax Sale Date:
Tax Sale List:Get Tax Sale List
OTC Sale List:Get OTC Tax Sale List
Parcel Search:
Public Records:
Tax Sale Type:Tax Lien Certificates
Redemption:Two (2) Years
Interest Rate:18% Per Annum
Penalty Rate:4% - 6%
Bid Procedure:Bid Down
Sale Contact:County Tax Collector
State Statutes:
County Map:View County Map

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Tax Lien Certificate States

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Tax Lien Certificate Reports

Below is a list of free articles on how to profit with tax lien certificates, tax deeds, and more.

 

The Rule of 72 Calculator

The rule of 72 says that to find the number of years required to double your investment at a given interest rate, you simply divide the interest rate into 72.

 

Interest Rate: %
Years Required for Principal to Double
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For example, if you want to know how long it will take to double your money at eighteen percent interest, divide 18 into 72 and get 4 years.

 

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Tax Lien University Reviews

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State Tax Sale Summaries

Research each state's individual tax sale process including whether it is a tax lien certificate, tax deed, or tax deed hybrid, redemption period, bidding method, and the interest/penalty rate by clicking on the name of the state below:

- Alabama Tax Sales
- Alaska Tax Sales
- Arizona Tax Sales
- Arkansas Tax Sales
- California Tax Sales
- Colorado Tax Sales
- Connecticut Tax Sales
- Delaware Tax Sales
- Florida Tax Sales
- Georgia Tax Sales
- Hawaii Tax Sales
- Iowa Tax Sales

- Idaho Tax Sales
- Illinois Tax Sales
- Indiana Tax Sales
- Kansas Tax Sales
- Kentucky Tax Sales
- Louisiana Tax Sales
- Maine Tax Sales
- Maryland Tax Sales
- Massachusetts Tax Sales
- Michigan Tax Sales
- Minnesota Tax Sales
- Mississippi Tax Sales

- Missouri Tax Sales
- Montana Tax Sales
- Nebraska Tax Sales
- Nevada Tax Sales
- New Hampshire Tax Sales
- New Jersey Tax Sales
- New Mexico Tax Sales
- New York Tax Sales
- North Carolina Tax Sales
- North Dakota Tax Sales
- Ohio Tax Sales
- Oklahoma Tax Sales
- Oregon Tax Sales

- Pennsylvania Tax Sales
- Rhode Island Tax Sales
- South Carolina Tax Sales
- South Dakota Tax Sales
- Tennessee Tax Sales
- Texas Tax Sales
- Utah Tax Sales
- Vermont Tax Sales
- Virginia Tax Sales
- Washington Tax Sales
- West Virginia Tax Sales
- Wisconsin Tax Sales
- Wyoming Tax Sales