Real Estate Taxes: What happens if I don’t pay my Real Estate bill?

If a payment is not received by the due date, interest will begin accruing daily at a rate of 14% annum. For any unpaid balance remaining on an account after the 4th quarter due date, a demand fee of $15.00 will be added. If the account remains unpaid, the owners name, address and the outstanding amount will be advertised in the Salem Evening News. An advertising fee will be added to each account. If any account continues to remain unpaid, a tax lien is placed on the property and is recorded with the Essex County Registry of Deeds. A tax lien insures the payment of taxes upon sale or refinance of the property.