DATE: OCTOBER FOR WATER AND SEWER CHARGES
ADVERTISMENT: 2-4 WEEKS PRIOR TO SALE DATE.
NEWSPAPER USED IS THE TRENTON TIMES.
TIME: 8:30 AM UNTIL FINISHED
PLACE: CITY COUNCIL CHAMBERS, 2ND FLOOR
CITY HALL, 319 E. STATE STREET
TRENTON, NEW JERSEY 08608
PROPERTIES AVAILABLE FOR SALE: APPROXIMATELY 800 TOTALLING $450,000
BIDDING PROCESS: Bidding is on the interest rate beginning at 18% and going down. If the rate is bid to 0% then the bidding is on a dollar premium based on the highest amount bid.
PURCHASER: Purchasers, or their representatives must be present and register two business days prior to the sale date. Anyone not registered will not be able to bid.
METHOD OF PAYMENT: CASH, CERTIFIED CHECK OR WIRE TRANSFER ON DAY OF SALE
UPON RECEIPT OF YOUR TAX SALE CERTIFICATE(S) YOU SHOULD RECORD THEM WITH THE MERCER COUNTY CLERK’S OFFICE. RECORDING, SEARCH AND OTHER FEES ASSOCIATED WITH THE ENFORCEMENT OF THE CERTIFICATE CAN BE RECOUPED UPON REDEMPTION BY FILING A AFFIDAVIT OF EXPENSE WITH THE TAX OFFICE
REDEMPTION PERIOD: TWO YEARS
FORECLOSURE: AFTER TWO YEARS, PURCHASER MUST HIRE THEIR OWN ATTORNEY
TO CONDUCT FORECLOSURE PROCEEDINGS.
FOR FURTHER INFORMATION CONTACT CITY OF TRENTON TAX OFFICE (609) 989-3070, FAX (609) 989-4248.