Show All Answers

1. When are taxes due each year and is there a grace period?

Due dates are February 1st, May 1st, August 1st, and November 1st of each year with a ten day grace period.

2. What is the interest rate penalty on delinquent taxes?

Interest accrues on any unpaid taxes due after the tenth day of each billing quarter at a rate of 8% for the first $1,500 due and 18% on all balances above the $1,500 threshold on a per diem basis.

3. Are there any tax relief programs offered by the State of New Jersey?

The State of New Jersey offers two programs.  First is the Property Tax Reimbursement (Senior Freeze).  This program is offered to residents that are over 65 years of age and meet the income requirements which change yearly.  Taxes are “frozen” for the year an individual applies.  Amounts paid over this “frozen” amount will be reimbursed by the State for the overpayment. The second program is the Homestead Rebate Program.  This program is an income tax rebate which is applied to a resident’s property taxes.  Depending on the resident’s income reported on their State Income tax and/or if the resident is over 65 years of age will determine their eligibility.  More information and applications can be found on the State of New Jersey Website. www.State.NJ.US/Treasury/Taxation  or by calling 1-800-882-6597.

4. Can taxes be paid by credit card?

The Borough now offers online credit card payments and E-Check payments thru the Borough website www.paramusborough.org  Credit Cards have 2.75% convenience fee and E-Checks are free of charge.

5. Is postmark accepted for tax and sewer payments?

Postmark is not accepted for any tax and sewer payments.  Payments must be received by the Tax Collector by the grace period date for each billing quarter.  If payment is not received, then the statutory interest rate will apply going back to original due date of the 1st of the month.