Government

New Providence Accepting Prepayment of 2018 Property Taxes

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NEW PROVIDENCE, NJ - Residents of the borough who are wondering whether they can pre-pay their 2018 property taxes, and how, will find the answer on the borough's website.

In short, those who wise to prepay all or a portion of the 2018 property taxes, may do so. However, those who want to pay more than they paid for 2017, "must drop off payment in person and complete a simple form that states any overage will be applied to 2019 taxes," according to the website. Those who want to pay more than the first and second quarters of 2018 must also drop off the payment at the tax office.

Anyone wishing to pay only the first and second quarters of 2018 taxes may do so online.

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"Please do not set up payment through your online banking/bill pay if you are trying to pay by year end.  These checks can take over a week to be received by our office since they are usually mailed from another state.  Even if they guarantee a delivery date it sometimes doesn’t get to us by this date (especially with the holidays).  If you have already scheduled payment, please make sure it is scheduled to arrive no later than December 29th," according to the website.

Residents are asked to "check with your financial advisor/accountant with regard to itemizing this deduction on your 2017 tax return, as we cannot give financial advice on this topic.  If you have a mortgage/escrow service please check with them before submitting any future tax payments since this will most likely create a duplicate payment."

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