1st Quarter 2018 taxes are due February 1, 2018. The last day for the grace period for the 1st quarter payment will be Monday, February 12, 2018 since February 10, 2018 is a Saturday. Payments received after February 12, 2018 will have interest charged back to February 1, 2018 as mandated by the State of New Jersey. The Tax Collection Office hours for payments are Monday through Friday 8:30 AM to 3:30 PM.
Click here to view or pay taxes online. In addition, payments can be made in person, placed in the tax payment drop box by the front door of Borough Hall or mailed to the Tax Collector's Office at 480 DeKorte Drive, Franklin Lakes, NJ 07417. For additional information call 201-891-0048, ext 1216 or TaxCollector@franklinlakes.org.
Payments can be made in person, placed in the tax payment drop box at the front door of Borough Hall or mailed to: Borough of Franklin Lakes ATTN: Tax Collector's Office 480 DeKorte Drive Franklin Lakes, NJ 07417
Working under the statutes of the State of New Jersey, and the ordinances of the Borough of Franklin Lakes, it is the duty of the Tax Collector’s office to bill, collect, enforce and provide reports on the taxes levied by the Borough, Board of Education – both district and regional, County, Library & Open Space. The Collector is responsible for collecting all current and delinquent property taxes with interest and penalties. It is our mission to fulfill the duties of this office to the best of our abilities, to educate the residents on the tax collection process, and to assist the Senior Citizens of our Borough in the application and completion of state-mandated forms for tax reduction programs. As part of this mission, the Collector’s intent is that every payment received will be posted to the respective property on the day it is received.
Tax bills are mailed out in July and the first payment is due August 1st. As per N.J.S.A. 54:4-64, failure to receive a tax bill does not exempt you from paying your taxes or the interest due on delinquent taxes. Taxes are to be paid on a quarterly basis as reflected in your tax bill each year. Statutory due dates for real property taxes are February 1, May 1, August 1 and November 1. Tax bills are mailed to mortgage companies and all owners of the property. Those owners whose mortgage companies escrow property taxes, receive a bill marked, "THIS IS NOT A BILL. FOR ADVICE ONLY." When your mortgage is satisfied, you should use the "ADVICE" bill to make payments. The tax bill reflects any deductions for that year and carries the full amount due for the year. The tax bill should be used for income tax purposes. The four “Collector Stubs” attached to the bill are for mailing in with your payment. The final tax bill of the current year is the 3rd quarter due August 1 and the 4th quarter due November 1. The preliminary tax is based on half of the previous tax billed, the 1st quarter due February 1 and the 2nd quarter due May 1. Please make checks payable to and mail to: Borough of Franklin Lakes.
The Borough of Franklin Lakes offers a 10-calendar day grace period for payment of taxes. Payment must be received by the last day of the grace period to avoid interest; therefore if the 10th falls on a Saturday, Sunday or Holiday, the last day of the grace period is extended to the next business day. (ie: November 10th falls on a Saturday, we are closed Monday, November 12th for Veterans day, the last day of the grace period would become Tuesday, November 13th to pay to avoid interest). Postmarks are not accepted by the State of New Jersey. Please note that on the day following the last day of the grace period, interest will be charged, reverting to the statutory due dates, at 8% on the first $1500.00 and 18% on the balance amount over $1,500.00. A year end penalty will be charged at 6% on all delinquent balances (including interest) in excess of $10,000 not received by December 31. Please read the back of the tax bill for valuable information that may answer many of your questions.
You can pay your Tax bill in person using a check or cash, by mail with a check, by Direct Withdrawal, or by using the on-line WIPP Payment through the website.
IN PERSON: Bring check or cash with appropriate stub to the Tax Office. If you wish a receipt, you must bring in the entire bill and we will receipt the back of the bill.
IN PERSON AFTER HOURS: For your convenience, the Borough has installed a drop box outside the Municipal Building in the event you visit the building and find the offices are closed. Please note the drop box is for checks only. No cash is to be left in the drop box.
MAIL: Send your check with the appropriate stub from the bill to: Borough of Franklin Lakes, 480 DeKorte Drive, Franklin Lakes, NJ 07417. Please do not send us post-dated checks. We cannot hold checks for more than 48 hours. Post-dated checks will be mailed back to you. A mailed check (even local mail) could take 5-7 days to reach us. Online bank payments can take up to 14 days before they are processed by the bank and a check is mailed to us by regular mail.
Please note: If mailing your payment, include your entire tax bill with a self-addressed, stamped envelope, if you need a receipt.
Payment must be received in our office by the 10-calendar day grace period to avoid interest charges. Please note that our office does not accept postmarks as proof of timely payment.
It is imperative that you: 1. Put property location and block and lot identifier for the property you are paying on the check. 2. Allow at least 14 days for your bank to process your check and mail it to us by the tax payment due date. An electronic transfer of funds is not done by the bank. The bank mails us a check by regular mail.
The Borough of Franklin Lakes accepts tax payments via automatic withdrawal from your checking account. This is a free service. We will implement this withdrawal when taxes are due on your property as follows:
February 1 (withdrawal between February 1 and February 5) May 1 (withdrawal between May 1 and May 5) August 1 (withdrawal between August 10 and August 15) November 1 (withdrawal between November 1 and November 5)
Please note there is no charge for this service. If you are interested in this convenient payment method, submit a completed enrollment/authorization form along with a voided check from the checking account where we will be making the withdrawal. Click here for the enrollment/authorization form.
Please drop off or mail the form along with a voided check at least two weeks prior to the payment due date:
View property taxes billed and paid or to make a payment with your E-check, credit/debit card, click here. Please be aware of the convenience fees as once the transaction is complete, it cannot be reversed. There is a tab to "Project Interest" for a future payment receipt date. You can also contact our office for more information on delinquent tax payments.
NOTE: Properties on Tax Sale are not able to make website payments.
Please note that our office does not accept postmarks. Consequently, the interest on your taxes will revert to the first of each quarter if we receive your payment in our office after the 10-calendar day grace period.
New owners should call the Tax Office for a tax bill.
The Tax Office takes great pride in Franklin Lakes, and strives to maintain your confidence as residents while providing considerate and competent assistance to those we serve.
The Tax office will not receive new owner information until the deed is recorded at Bergen County Clerk’s Office (which could take up to 3 months). Therefore, it is your responsibility to be sure you know your tax obligation. Kindly call us at (201) 891-4000 Ext. 1216 between 8:30 AM to 4:00 PM to request a tax bill and status of your property taxes to avoid the possibility of becoming delinquent and paying interest. New bills are not automatically mailed to new homeowners.
If you receive a Tax Advice Copy but no longer have a mortgage company paying your taxes, you should use the Advice Copy to make your payments. It is your responsibility to ensure your payments are received by the due date.An original bill will not be sent.
An improvement to your home will increase its selling price and property tax. This will take the form of an added assessment tax bill, which you will receive in the mail in October, after the improvement is substantially completed for its intended use. This bill shall be payable on November 1, February 1, and May 1. Then, the added assessment amount will be included in your annual tax bill received in July for the new tax year.
The added assessment is the difference between the property assessment before and after the improvement. It does not reflect the cost of the amenity itself or the cost of the project.
If you did not receive an Added Assessment Tax Bill for work completed in the previous year, you will receive an Omitted Added Assessment Bill, in addition to an Added Assessment Bill, the following year. The original bill will be mailed to your mortgage company, if you have one, and you will receive an advice only copy. We recommend that you contact your mortgage company to ensure payment will be made.
If you wish to appeal your assessment, when you receive the post card from the Tax Assessor’s office in February, please call the County: 201-336-6300 – Ask for a Petition to Appeal.
Bergen County Board of Taxation One Bergen County Plaza – Room 370 Hackensack, NJ 07601
The deadline to file your Appeal is APRIL 1st. Any questions regarding the appeal process may be directed to the Tax Assessor’s office at 201-891-4000, Ext. 1222 or 1223, click here for office hours. Or call the Bergen County Board of Taxation at 201-336-6300.
Veterans - A deduction of $250.00 each year is available for qualified veterans of the United States who were honorably discharged and served in active duty during conflicts or wars as per state guidelines. Also, for qualified veterans there is a 100% permanently disabled veteran deduction which grants full tax exemption. Click here for application.
Senior Citizens - A deduction of $250.00 each year for qualified persons over age 65 in which the income is $10,000 or less, not including social security. Click here for application.
Checks are no longer issued by the State. Credits are issued and stay with the property.
2009 H.B. Credit was applied to 2011 2nd qtr. 2010 H.B. Credit was applied to 2012 1st qtr. 2011 H.B. Credit was applied to 2013 3rd qtr. 2012 H.B. Credit was applied to 2015 2nd qtr. 2013 H.B. Credit was applied to 2016 2nd qtr. 2014 H.B. Credit was applied to 2017 2nd qtr.
Credits cannot be applied to delinquent taxes. All questions concerning the Homestead Benefit program should be directed to the Division of Taxation at 1-888-238-1233.