Paying property tax liens in NJ

[Makemba]

Within the last year I ran into difficulty paying my property taxes (this is the first time this has ever happened). A third party paid the taxes for me and then took out a lien against my property. I want to repay everything, however I do not have all of the money to cover the lien. I tried to pay part of it, but my town refused, saying I have to pay it all in full. This seems very unfair. I want to pay it off and the best way that I can do this is in installments. But my town won't accept. The longer it takes me to pay off the amount in full, the more interest I pay. Can anyone offer any advice? Any help would be appreciated.

 

[loku]

Property tax

One thing you can do to minimize the loss is to take the amounts that you can set aside for payment and put them in a savings account to earn interest. That way you can set off at least part of the interest.