By what date are current year taxes due in New Jersey?

In New Jersey, property taxes are typically due on February 1st of the current year for the first installment. This timeline is established to assist municipalities in collecting enough revenue to fund yearly operations and local services. February 1st serves as a standardized date for many jurisdictions within the state to ensure uniformity in tax collection.

Understanding this deadline is crucial for property owners as it emphasizes the importance of timely payment to avoid penalties or interest on late payments. The other dates mentioned do not align with the established deadlines for the current year's tax payments in New Jersey. March 1st is often associated with tax assessments and other administrative deadlines, while April and May do not fit within the typical schedule for property tax payments.