Which are the two methods of foreclosure mentioned in New Jersey tax collection?

In New Jersey tax collection, the two methods of foreclosure that are recognized are the strict method and the in rem method. The strict foreclosure process is a legal procedure that allows a municipality to take ownership of a property without going through a traditional court process, as long as the property has not been redeemed after a certain period. This method is typically used for properties with delinquent taxes and provides a more expedited approach for municipalities to recover owed taxes.

The in rem foreclosure method, on the other hand, is a court-based process where the tax lien is foreclosed on the property itself rather than on the individual owner. This allows the municipality to pursue the property owner through legal means, ultimately leading to a court judgment that can result in the sale of the property to recover back taxes.

Both methods provide municipalities the ability to enforce tax collection while ensuring that the rights of property owners are considered within the boundaries of New Jersey law. Other options such as judicial and non-judicial do not accurately describe the specific types of foreclosure utilized for tax collection purposes in the state. Comprehensive and selective or public and private do not pertain to the mechanisms of foreclosure either.