2011 PROPERTY TAXES
A breakdown of Mountain Lakes real estate taxes in 2011 is as follows:
| TAXING ENTITIES | 2010 TAX LEVY | 2010 RATE | % OF Levy 2010 | 2011 TAX LEVY | 2011 RATE | % OF Levy 2011 | INCREASE IN TAX RATE 2010 TO 2011 |
|---|---|---|---|---|---|---|---|
| LOCAL (MUNICIPAL) TAX | $4,837,777.63 | 0.374 | 17.856% | $4,839,274.38 | 0.374 | 17.632% | 0.0% |
| COUNTY TAX | $2,949,429.45 | 0.229 | 10.886% | $2,970,412.59 | 0.230 | 10.823% | 0.44% |
| COUNTY OPEN SPACE TAX | $324,376.82 | 0.026 | 1.197% | $238,768.14 | 0.019 | 0.070% | -26.92% |
| DISTRICT SCHOOL TAX | $18,981,184.00 | 1.471 | 70.060% | $19,398,097.00 | 1.500 | 70.676% | 1.97% |
| TOTALS | $27,092,767.90 | 2.100 | 100.000% | $27,446,552.11 | 2.123 | 100.000% | 1.10% |
Please Note: The Tax Rate is the SAME for EVERY property -- residential or commercial.
PAY ON LINE
In addition to the normal means of payment, the Borough offers the option to pay your taxes on line by credit card or by check using Electronic Funds Transfer (EFT). To access the On-line Payment System for Borough Tax Bills click here. You will be asked to create a user account. Once you have an account, you can enter your properties, view details of your tax bill and past payments, and pay some or all of your bill on line. If you choose credit card, Visa, Mastercard, American Express and Discover credit cards are accepted.
A Convenience Fee will be charged for on-line payments as follows. Credit card payments will be charged 2.80% of the payment amount ($5.00 minimum). EFT fees are $4.00 for payments up to $4,000; $8.00 for payments between $4,000 to $8,000; and $10.00 for payments greater than $8,000. The convenience fee is charged by the third-party vendor for the use of their service. The Borough of Mountain Lakes receives no portion of the fee.
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.
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