54:4-97 - Settlement of unpaid taxes by city when lien is questioned - New Jersey Statutes

54:4-97.  Settlement of unpaid taxes by city when lien is questioned
    In a city where taxes or assessments or both, levied and assessed upon or on  account of real or personal property remain unpaid, and the lien of the city  for those taxes and assessments is questioned, impaired or in litigation, the  board having control of the finances thereof may, upon application and petition  in writing presented to it by or on behalf of a person interested in the  property, make a revision, alteration, adjustment or settlement of the taxes or  assessments, or both, so levied, assessed and remaining unpaid, and the  interest and penalties thereon, and fix and determine an amount to be accepted  by the city in full satisfaction thereof.