Thursday, November 13, 2008
Edgewater Park Property Tax Deals
Are you behind on your property tax payment?
Is your home on the Tax Sale List?
Well you can apply to the Township Committee for a waver of the interest owed and promise to make the past due tax owed sometime after the township tax sale.
This is the deal the Township Committee voted on and approved, at the November 11th Township Committee Meeting. The deal was for a Rt. 130 business. Township Committee also went into executive (closed) session to talk about making the same deal with another business, but did not act on it in the open meeting.
If the Township Committee can legally wave interest on past due taxes for a business property, then should they do the same for every homeowner who has paid interest on past due taxes? I think so, because you must treat everyone the same right! Oh, I forgot our Township Administrator and Committee do treat people differently, depending on your (Farm inside joke) relationship with them.
If the Township Committee will let this business property owner, pay his past due taxes (2-yrs) after the scheduled tax sale for that property, and order the removal of that property from the scheduled tax sale, then Township Committee should do the same for all owners, whose properties are on the tax sale scheduled by the Township.
Somehow I don't think you would get this same deal, because you are not a neighbor of a Township Committeeman (check the minutes of the Nov. 11, 2008 when published to see who).
How many senior citizens have had their homes sold at tax sale in Edgewater Park? Shouldn't they get the same type of deal?
I think it would be finically smart for all property owners in Edgewater Park not to pay the taxes on their properties for two years, then ask for the same deal (a waver of interest for the two years), then make the past due tax payment after the tax sale. You would make interest on the withheld taxes by investing that money and after two years withdraw the original amount (past due tax) and pay the township without interest. You would keep the interest earned for yourself.
No wonder our Township is raising property taxes in excess of 6% average per year, for the past ten years.
The Edgewater Park Reporter