What is the due date for the second quarter property tax payment in New Jersey?

In New Jersey, the second quarter property tax payment is due on May 1st. This date is significant because it aligns with the property tax payment schedule established by the state. Homeowners and property owners in New Jersey are required to make their property tax payments in four quarters, with the first quarter due on February 1st, the second quarter on May 1st, the third quarter on August 1st, and the fourth quarter on November 1st. Therefore, the correct identification of May 1st as the due date for the second quarter is essential for ensuring compliance with state tax laws and avoiding any penalties associated with late payments. Understanding this schedule helps property owners in budgeting and managing their financial obligations effectively.