Pellegrino & Feldstein offers legal representation and administration for clients with New Jersey tax lien investments.
Our law firm specializes in services for tax lien investors, particularly in foreclosures and litigation relating to NJ tax lien investments.
Foreclosure of NJ municipal tax liens
Representing tax lien investors in Bankruptcy Court
Real estate closings for our municipal tax lien investors
Litigation relating to NJ municipal tax liens
Assisting in the assignment (sale) of NJ municipal tax liens
Understanding New Jersey Tax Lien Law
Tax certificates are sold by municipal tax collectors to generate funds owed by delinquent tax payers. Municipalities depend on the collection of property taxes and other assessments to fund the many services provided to residents. Municipal governments could not operate without the consistent collection of these funds. In exchange for the payment of unpaid property taxes, an investor is issued a tax certificate which accrues interest until redeemed (paid off) by the property owner or another interested person. The certificate represents a high-priority lien on a delinquent tax payer’s property. If the certificate is not redeemed within a period of time, the certificate holder may foreclose on the certificate and obtain title to the underlying property.