When must added assessments be paid?

Added assessments in New Jersey refer to property assessments that are made when new construction or improvements to property occur after the assessment date of October 1. As per New Jersey law, these added assessments must be paid with the next tax bill that follows the assessment.

The timing of this payment is important because it aligns with the regular tax collection process, ensuring that property owners are aware of their new financial obligations resulting from enhancements made to their property. This helps in maintaining accurate and fair tax rolls while providing a predictable timeline for property owners to prepare financially.

Understanding this context clarifies why the chosen answer is correct. After October 1, when any new improvements are assessed, property owners will see these additional charges reflected in their subsequent tax bill. This ensures that they are not caught off guard and can budget accordingly for their property taxes.