Gloucester Twp. Tax Sale by the Numbers
More than 1,000 liens were sold at Gloucester Township's accelerated tax sale on Tuesday.
Gloucester Township sold more than $1.7 million in tax and utility debt to investors during an acclerated tax sale held at the Municipal Building on Tuesday, according to Tax Collector Sandra Ferguson. In addition to property-tax debt, unpaid sewer bills were sold to investors at the auction-style tax sale. Of the 4,774 delinquent properties on the rolls at the mid-November beginning of the tax-sale notice mailing period, 1,126 remained at the start of Tuesday's tax sale. About 3,500 property owners were delinquent as of Nov. 19. Of the 1,126 delinquent properties at the start of Tuesday's tax sale, investors purchased 1,033 liens, totaling $1,763,763.40, Ferguson said. Of the 93 liens not purchased during the tax sale, 87 were municipal …
Sybil Evans
4:02 pm on Saturday, December 22, 2012
It starts and ends with the governor’s office. It is state law the only control the municipality has is to use the accelerated sale which is prior to the end of the year or the standard sale which would be around the 1st week in January. The fees are state mandated. You can choose to ignore that all you want but the facts are the facts. It's just like when Christie ran for office crucifying … more ›