Property Taxes are due and payable on the following dates: February 1st – May 1st – August 1st – November 1st
Tax bills are sent out once a year, normally at months’ end in June or beginning of July. Each bill has four stubs: 3rd & 4th quarters of the current year and 1st & 2nd quarters of the following year. If your mortgage company escrows for taxes a copy of the tax bill will be sent to them, with a copy being sent to the homeowner. If you are a permanent resident of Stone Harbor, please inquire as to your eligibility for any tax deductions. Please notify the Tax Collector in writing if you have a change in mailing address. Under New Jersey State law it is the property owner’s responsibility to make sure that the property taxes are paid when due, even though the owner may not have received the tax bill. A bill is not necessary to make a payment. The Tax Office will be glad to give the owner the amount due over the phone. However, we ask that the block, lot and qualifier (if any) be placed on the check. When making tax payments, all checks must be made payable to: Borough of Stone Harbor. The Tax Office does not accept post dated checks. The official payment date is the date when the payment is received by the Tax Office, not the postmark date.
Although taxes are due on the first days of February, May, August and November, the governing body of the Borough of Stone Harbor has authorized the Tax Collector to waive interest on the payment of any taxes if the full payment is received in the Tax Office by the 10th of the month due. (Note: If the 10th falls on a Saturday, Sunday or legal holiday, the grace period would extend until the next regular business day.) Taxes may be received and credited as payments at any time, even prior to the dates when they become payable. If not paid on the due dates, taxes are considered delinquent until full payment is made including all principal and interest due (cumulative effect).
Interest and Penalties
If taxes are not paid by the 10th of the month in which they are due, interest will be charged back to the 1st of the month (N.J.S.A. 54:4-67). Interest will be calculated at 8% per annum on the first $1,500 of delinquency and 18% per annum on any amount in excess of $1,500 to be calculated from the date the tax was payable until the date of actual payment. Payments received on a delinquent account are applied in the following method: first to interest due, then any balance being applied to the oldest delinquency first, then to subsequent delinquencies.