New Jersey A3547 mandates municipalities to refund property taxes paid in error due to assessor's or owner's mistake.

New Jersey A3547 amends the state statutes to require municipalities to return property taxes overpaid due to errors by assessors or property owners. The bill mandates a refund without interest, provided the tax lien has not expired and no property transfers have occurred since the erroneous payment. The refund applies to the tax year of the error and the three preceding years. The governing body must cancel erroneous assessments and correct tax records after a hearing and five days' notice to the property owner.

New Jersey A3547 mandates municipalities to refund property taxes paid in error due to assessor's or owner's mistake.

New Jersey A3547 amends the state statutes to require municipalities to return property taxes overpaid due to errors by assessors or property owners. The bill mandates a refund without interest, provided the tax lien has not expired and no property transfers have occurred since the erroneous payment. The refund applies to the tax year of the error and the three preceding years. The governing body must cancel erroneous assessments and correct tax records after a hearing and five days' notice to the property owner.