Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 7 years ago on . Most recent reply

User Stats

32
Posts
3
Votes
Kirk Johnson
  • Pennsauken, NJ
3
Votes |
32
Posts

Tax Delinquent Properties (Tax Lien State)

Kirk Johnson
  • Pennsauken, NJ
Posted

Hey everyone, 

Currently, I wholesale in the state of New Jersey and I focus on tax delinquent properties. However, the state of New Jersey is a tax lien state. I was wondering if I should still pursue/mail to tax delinquent properties before the tax auction? Due to New Jersey being a tax lien state homeowners can still own their properties AFTER the tax auction. Is there any effective way to wholesale tax delinquent properties in New Jersey while being an tax lien state? 

Most Popular Reply

User Stats

16,433
Posts
12,718
Votes
Ned Carey
  • Investor
  • Baltimore, MD
12,718
Votes |
16,433
Posts
Ned Carey
  • Investor
  • Baltimore, MD
ModeratorReplied

@Kirk Johnson yes you can wholesale a property. The owner is still the owner and can sell their property until a foreclosure case is final. The tax lien just gets paid off at settlement.  With a tax lien the owner can still eventually lose their property, so that can be a motivating factor. 

I vaguely recall hearing you can't contact owners in tax foreclosure in NJ. I have no idea if this is true but worth checking out with someone who know NJ law.

  • Ned Carey
  • Loading replies...