In Re Princeton Office Park v. Plymouth Park Tax Services (069521), 93 A.3d 332

Princeton Office Park, L.P. purchased a large commercial property in Lawrence Township in 1998 and failed to pay real estate taxes.
By 2005 Princeton owed $204,296.79 in back taxes and penalties to Lawrence Township.
Lawrence Township conducted a public auction of tax liens on December 19, 2005; Plymouth Park Tax Services won the bid with a zero percent interest rate and paid $204,296.79 plus a $600,100 premium and $100 sale costs.
The winning bidder obtained a tax sale certificate under N.J.S.A. 54:5-32, and Princeton was obligated to redeem for $204,396.79 (plus accrued charges) under N.J.S.A. 54:5-58.
Plymouth Park paid taxes through mid-2008; redemption amount accrued interest at 18% annually under N.J.S.A. 54:4-67 and 54:5-6.
Plymouth Park foreclosed in Chancery Division (Dec 18, 2007); by June 6, 2008 the redemption amount was set at $1,012,188.80. Princeton later filed for Chapter 11 bankruptcy (Sept. 9, 2008).

Issue	Plaintiff's Argument	Defendant's Argument	Held
Whether a tax sale certificate purchaser holds a tax lien.	Princeton Park argues no tax lien is created by a tax sale certificate.	Plymouth Park contends the certificate creates a tax lien derived from the tax debt.	Yes; the purchaser holds a tax lien.

Varsolona v. Breen Capital Servs. Corp., 180 N.J. 605 (New Jersey, 2004) (Tax sale law enables municipalities to raise revenue via sale of certificates)
Simon v. Cronecker, 189 N.J. 304 (New Jersey, 2007) (Tax lien and its relation to municipal power and collection)
Kopec, 473 B.R. 601 (Bankr. D. N.J., 2012) (Creditor's lien derived from tax delinquency under tax sale framework)
Ramos v. Passaic City, 19 N.J. Tax 97 (Tax Court, 2000) (Tax delinquency survivals and amendments shaping tax liens)
Twp. of Jefferson v. Block 447A, Lot 10, 228 N.J. Super. 1 (App. Div. 1988) (Certificate holder succeeds to lien interest of the taxing district)