The Borough of Medford Lakes, NJ requires a $3,000 street opening permit bond before you cut into a Borough road — ours is $275 flat, the minimum premium (3% of $3,000 is $90, so the $275 floor applies). The application is five minutes.
















Municipal street opening bonds are the simplest thing in surety. Here's the entire process:
Business details and an effective date. That's the application — no financials, no credit check section.
Bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.
Your executed bond and power of attorney arrive by email, ready to file with the Borough of Medford Lakes. Wet-ink original mailed on request.
$3,000 bond × 3% = $90, but our minimum premium is $275 — so you pay $275 per term. Fixed amount, fixed price, multi-year if you want it.
A street opening permit bond is the Borough of Medford Lakes’ assurance that the public road you cut into goes back the way it was. It guarantees you restore the pavement, curb, and right-of-way to the Borough’s standards after the work is done.
It's a three-party arrangement: you (the principal), the surety carrier, and the Borough of Medford Lakes (the obligee). If you leave the surface unrestored or below standard, the Borough can recover against the bond up to the $3,000 penal sum.
The bond must stay active while your permit is open. We track it and notify you 60 and 30 days out, keeping your $3,000 filing continuous for whatever term you choose.
These are the actual issuing fields — no credit check section, because this bond doesn't have one.
Start the application →If yours isn't here, the bond team can usually answer within the hour.
$275 flat, five-minute application, bond often issued in the same sitting. Free until issued.