Category Archives: Property Taxes

The perks of campaign contribution

Posted on May 22, 2012 by grim
Posted in National Real Estate, Politics, Property Taxes | 134 Comments

I’d be more surprised if this wasn’t going on everywhere. Will they be charging the contributors as well? Probably not, I’m sure they had no idea this was going on. Time for an investigation in NJ? From Bloomberg: L.A. Appraiser … Continue reading →

Just a little bump in taxes

Posted on May 21, 2012 by grim
Posted in Property Taxes, South Jersey Real Estate | 149 Comments

From the Philly Inquirer: In Burlington County, a 458 percent tax hike with Christie’s blessing When two New Jersey towns asked voters to approve a property-tax hike last month, Gov. Christie scorned them. The state’s other 564 municipalities didn’t seek … Continue reading →

Farmland Assessment Fix – Does it go far enough?

Posted on May 19, 2012 by grim
Posted in New Jersey Real Estate, Politics, Property Taxes | 64 Comments

From the Star Ledger: Bill to stop ‘fake farmers’ from getting large property tax discounts passes N.J. Senate panel A Senate panel has approved a bill to make it tougher for property owners to qualify for large property tax discounts … Continue reading →

Tax cuts (income or property) not looking likely as NJ revenue misses

Posted on May 16, 2012 by grim
Posted in Economics, New Jersey Real Estate, Property Taxes | 144 Comments

From Bloomberg: Tax-Cut Pledge May Trap Christie as N.J. Revenue Misses Governor Chris Christie, a Republican who has spent the past four months promising New Jersey income- tax cuts, now confronts the challenge of selling his plan’s feasibility against a … Continue reading →

April Revenue #’s Gone Missing

Posted on May 15, 2012 by grim
Posted in Economics, New Jersey Real Estate, Politics, Property Taxes | 112 Comments

From the Star Ledger: N.J. Treasury delays release of April revenue figures without explanation A joint news conference between Gov. Chris Christie and Senate President Stephen Sweeney wasn’t the only thing that didn’t go off as scheduled today in Trenton. … Continue reading →

Property taxes are too damn high!

Posted on April 26, 2012 by grim
Posted in Economics, New Jersey Real Estate, Property Taxes | 110 Comments

From the Philly Inquirer: Realtors’ group poll: Property taxes irk N.J. residents If you want to rile a New Jersey resident, two words will do it: property taxes. Most state residents — 89 percent of the 800 registered voters surveyed … Continue reading →

Income or Property Tax Cut – Which would you prefer?

Posted on April 17, 2012 by grim
Posted in Economics, New Jersey Real Estate, Politics, Property Taxes | 168 Comments

Editorial on NJ Property Taxes from the Philly Inquirer: N.J. needs property-tax relief, not income The one thing that seems to get otherwise rational New Jersey residents to foam at the mouth is the state’s punishing property-tax system. Property owners … Continue reading →

Appeal 2012!

Posted on March 26, 2012 by grim
Posted in Economics, New Jersey Real Estate, Politics, Property Taxes | 81 Comments

From the Record: North Jersey homeowners seek lower tax assessments (Hat tip Gary) Watching their property taxes rise as the value of their 82-year-old house dropped, Nora and Pat Sfarra of Teaneck decided to appeal their tax assessment last year. … Continue reading →

Property taxes cuts too expensive to afford

Posted on March 12, 2012 by grim
Posted in New Jersey Real Estate, Politics, Property Taxes | 251 Comments

From the Star Ledger: N.J. can’t afford tax cuts proposed by either party It’s party time in Trenton, where we now have a menu of tax-cut plans to choose from — one from Gov. Chris Christie, one from the Senate … Continue reading →

Value in consolidation or just smoke and mirrors?

Posted on February 14, 2012 by grim
Posted in New Jersey Real Estate, Politics, Property Taxes | 118 Comments

From the Star Ledger: At Caldwell town hall meeting, Christie calls on N.J. towns to share services Gov. Chris Christie today told a hospitable audience at the Caldwell Community Center that after school funding, the duplication of municipal services is … Continue reading →

Taxes taxes and more taxes

Posted on February 8, 2012 by grim
Posted in New Jersey Real Estate, Property Taxes | 118 Comments

From the Daily Record: Property taxes in N.J. rise 2.4 percent despite state-imposed cap New Jersey’s highest-in-the-nation property taxes continued to rise in 2011, although at a slower rate than in previous years, according to figures released by the state … Continue reading →

Which gets cut: Income taxes or property taxes?

Posted on January 27, 2012 by grim
Posted in New Jersey Real Estate, Politics, Property Taxes | 280 Comments

From Bloomberg: Christie Pushes Income-Tax Cut as Democrats Eye Property Levies Governor Chris Christie told a group of business leaders that Democrats in the Legislature may jeopardize New Jersey’s economic recovery by putting social issues ahead of job-creation and tax … Continue reading →

2010 – Lowest property tax increases since 1992

Posted on January 9, 2012 by grim
Posted in New Jersey Real Estate, Politics, Property Taxes | 135 Comments

From the Star Ledger: Special Report: Did N.J. property tax reform help most taxpayers? New Jersey homeowners paid an average of 2.4 percent more for property taxes in 2011, the smallest increase in nearly two decades, showing Gov. Chris Christie’s … Continue reading →

Farmland assessment must be fixed

Posted on December 2, 2011 by grim
Posted in New Jersey Real Estate, Politics, Property Taxes | 202 Comments

The fix is simple, adjust the $500 minimum requirement (in 1964 dollars) for inflation, and ensure it adjusts for inflation every year going forward. $500 was a significant sum … in 1964 when the original law was passed. Had the … Continue reading →

Town Mergers – Elegant solution or are we the suckers?

Posted on November 23, 2011 by grim
Posted in Economics, New Jersey Real Estate, Property Taxes | 155 Comments

From the APP: Gov: Mergers can help towns save tax dollars Gov. Chris Christie threw state support behind the successful effort to consolidate the Princetons into one town, but said he is not sure how many more town mergers are … Continue reading →