The Department of Finance oversees the city’s assets and protects its resources for Newark citizens. In this way, the department supports the City of Newark’s overall mission to provide security and opportunities for economic prosperity to all of its citizens and to create an environment that is nurturing and empowering for families.
Led by the city director of finance/chief financial officer, the Department of Finance provides fiscal policy recommendations to the mayor and Municipal Council and is responsible for all financial activities and functions of city government. This includes paying all employees; paying all vendors; collecting all revenue; investing all idle funds; billing all taxes; recording all receipts, expenditures, and other financial transactions; preparing all financial reports; and raising all capital funds on behalf of the City of Newark. The department is also responsible for the city’s assets and resources, including investments, revenues, budgetary appropriations and expenditures, and fixed assets.
Accounts and Control protects the assets of the City of Newark by maintaining accurate accounting records and recording all financial transactions for all of the City’s funds including current, water, sewer general capital, water capital, sewer capital, insurance and other trust funds.
Director’s Office is to maintain prudent custody of assets of the City and protect its resources for its citizens. The composition of those assets include cash, revenue, investments, budgetary appropriations,trust funds, capital authorizations and fixed assets.
Revenue Collections insures that all taxpayers of the City of Newark are billed properly and accurately for their property taxes and collects and reports this and all revenue of the City in a timely and accurate fashion; and initiates and carries out various enforcement procedures related to the non-payment of taxes and other municipal charges
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Call Customer Service, Mon. thru Fri.(Holidays Excluded) 9:00am to 4:00pm
Taxes: (973) 733-3791, 3792, 3962, 8098, 3978
Water/Sewer: (973) 733-6370, 6371, 6396, 6479,6483
Standard Tax Sale: When prior years taxes and/or other municipal charges remain owing and due in the current year, pursuant to the above N.J. Statute, the municipality will enforce the collection of those charges by offering same for sale which will cause a Tax Lien Certificate to be sold and filed against the property, and can become subject to foreclosure proceedings if not redeemed timely.
Accelerated Tax Sale: When current years taxes and/or other municipal charges remain owing and due after the statutory due date (Nov 10th.), the municipality may enforce the collection of those charges by offering for sale, the property, which will cause a Tax Lien Certificate to be sold and filed against the property, and will become subject to foreclosure proceedings if not redeemed timely.
If you owe one, two, or three quarters in taxes the amount due with interest becomes much greater.
Please note: If you pay a portion of your tax bill, the payment will go toward the oldest payment due. For example, if you owe for your 1st, 2nd and 3rd Quarter tax bills and you make a partial payment in September, the payment will go towards the principle and interest owed on your 1stQuarter tax bill.
If you have outstanding tax payments for the prior year, still outstanding in the current year, the property will be subject to TAX SALE pursuant to New Jersey State Law, N.J.S.A. 54:5-19.
If your taxes are paid after the due date (inclusive of the 10 day grace period), interest will be assessed at the rates permissible by law, 8% on the first $1,500.00 and 18% on the remaining balance.
Property taxes are due quarterly:
We allow a 10 day grace period. Whenever the 10th day falls on a Saturday, Sunday or holiday, the taxes are due on the following business day.
The amount of taxes assessed to support the municipal budget. To operate and maintain the Municipality, provide municipal services such as garbage collection, street lighting, street maintenance and public safety.
Your TAX BILLS consists of your Municipal, County and School taxes.
To open and operate a business in the City of Newark, you must have a City of Newark Business License.
The first step in the process to secure a business license is to make sure you have the following documents:
Your next step is to obtain a Business License Application package from the Office of Central Licenses and Permits. In the package will be a list of additional permits and/or certifications you will need to obtain and present along with your application in order to qualify for a business license.
Office of Central Licenses and PermitsCity Hall920 Broad Street, Room B-17Newark, NJ 07102(973) 733-6390
Hours of Operation: Monday through Friday, 9:00 a.m. to 4:00 p.m.