Medford Lakes street opening bonds.
$100 flat.
The Borough of Medford Lakes, NJ requires a $3,000 street opening permit bond before you cut into a Borough road — ours is $100 flat, the price you see is the checkout price. The bond issues the moment you pay — no credit check.
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How much does a Medford Lakes street opening bond cost?
$100 at the $3,000 amount, the same for every applicant.
Three steps. One sitting.
Municipal street opening bonds are the simplest thing in surety. Here's the entire process:
Apply online
Business details and an effective date. That is the application. No credit check.
Pay & e-sign
Bonds like this are among the thousands of bond types that issue right after purchase.
File with the Borough
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.
What it is and who needs it.
What the street opening bond actually covers
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.
You need this bond if you're
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the $3,000 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose; a longer term is the same price per year, chosen at checkout.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
File with the Borough. 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.
What sets the price
The premium is fixed at $100 at the $3,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.
No credit check.
One application, issued instantly.
These are the actual issuing fields. No credit check.
Start the application →Common questions.
Other New Jersey bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
Finish your Medford Lakes permit today.
$100 flat, no credit check, bond often issued in the same sitting. Free until issued.