During his April 28 press briefing, Gov. Phil Murphy announced he will sign an executive order permitting municipalities to extend the grace period of May 1 property taxes to June 1.
The extension was granted due to the current COVID-19 pandemic and many property owners’ inability to pay taxes on time due to job losses or severe cuts in income.
NEW: I’m signing an EO permitting municipal governments to extend the grace period for property tax payments due this Friday, 5/1, until 6/1.
Under existing law, municipalities are only allowed to allow grace periods of up to 10 days – I'm extending this for an entire month.
— Governor Phil Murphy (@GovMurphy) April 28, 2020
Municipal governments across the area had been sending pleas to the state Department of Treasury for an extended grace period to provide relief to residents whose incomes had depleted due to job losses, lay offs, furloughs and a variety of other measures.