Borough of Mountain Lakes Annual Tax Sale
The Mountain Lakes Tax Collector’s Office conducts an annual tax sale of all parcels with prior year delinquencies per N.J.S.A. 54:5-21.
The 2023 Tax Sale is scheduled for October 20th, 2023 at 10:00 am at the Department of Public Works building at 55 Pocono Road.
Prospective Lien holders should view and complete the following documents:
All bidders must complete the Bidder Information Sheet and an updated W-9 prior to the tax sale. Please complete and return to the Township by October 12, 2023. This can be done via email to: apurcell@mtnlakes.org.
2022 PROPERTY TAXES
A breakdown of Mountain Lakes real estate taxes in 2021 is as follows:
| TAXING ENTITIES | 2022 TAX LEVY |
2022 RATE* |
% OF Levy 2022 |
2021 TAX LEVY |
2021 RATE* |
% OF Levy 2021 |
INCREASE / DECREASE IN TAX RATE 2021 TO 2022 |
|---|---|---|---|---|---|---|---|
| LOCAL (MUNICIPAL) TAX | $6,757,904.30 | 0.527 | 19.479% | $6,874,446.71 | .563 | 20.107% | -1.70% |
| COUNTY TAX | $3,324,472.90 | 0.260 | 9.583% | $3,213,225.43 | .264 | 9.398% | 3.46% |
| COUNTY OPEN SPACE TAX | $83,020.63 | 0.007 | .239% | $78,939.60 | .007 | .231% | 5.17% |
| DISTRICT SCHOOL TAX | $24,527,177.00 | 1.917 | 70.699% | $24,023,533.00 | 1.972 | 20.107% | 2.10% |
| TOTALS | $34,692,574.83 | 2.711 | 100% | $34,190,144.74 | 2.806 | 100.00% | 1.47% |
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* This is the tax per $100 OF ASSESSED VALUE. Please Note: the Tax Rate is the SAME for EVERY property — residential or commercial.
Here are materials to help you calculate the impact on your own properties:
PROPERTY TAX DATABASE
Go to the Mountain Lakes Property Tax Database to find out details on a specific property: assessment, property taxes, how much is owed, delinquent amount if any, and a calendar of payment dates.
OTHER WEB SITES
The Morris County Tax Board web site has tax and home sales information for all Morris County municipalities.
For a good general description of the revaluation process, including your options for both informal and formal appeals, click here.
