Princeton residents have until June 1 to pay property taxes

The grace period to pay property taxes in Princeton has been extended to June 1. Residents have until that date to pay taxes that were due May 1.

If you pay on June 2, you will have to pay interest charges, and the interest reverts to May 1, officials said.

Gov. Phil Murphy issued an executive order last week giving municipalities the ability to extend the grace period to pay property taxes by another month. Municipalities still must pay school districts and counties the portion of tax payments that are due to them before June 1.

“A request I’m making to the taxpayers of Princeton – If you’re not in financial duress, we do ask residents to pay their taxes at the time you would normally pay them,” Mayor Liz Lempert said at the special council meeting where the council voted to approve the grace period extension.