What is an Added Assessment Bill

The Added Assessment bill is for taxes on any new construction or improvements that have been completed which have not yet been assessed for taxation.

 “A structure is considered ‘completed’ when it is ready for the purpose for which it was intended. This does not mean that the structure actually must be in use; it does not have to have a certificate of occupancy; it is taxable when it is ready for use.”

• This added bill is to be paid in addition to the original tax bills that were mailed out at the end of August.
• Added bills are due in three installments (like regular tax bills), on November 1st, then February 1st and May 1st of the succeeding year.
• The first added tax payment is due November 1, 2023.  The last day to pay without penalty is November 10, 2023.
• If you have a mortgage company paying your property taxes, you should contact them to confirm whether you are responsible for payment of this added assessment bill.
• Added tax bills are prorated monthly, beginning from the first full month after the completion of work through December 2023.
• If the improvement was completed in 2022, you will have two added bills (one for 2022 and one for 2023).
• If you have any questions regarding your assessed valuation amount, please contact the Tax Assessor’s office at (551-600-8294) or via email at NRubenstein@midlandparknj.org

If you have any other questions, please do not hesitate to contact our office at 551-600-8280 or akalata@midlandparknj.org