Category Archives: Property Taxes

Paying the Sandy Tax

Posted on November 14, 2012 by grim

From Bloomberg: Christie Says Damage Costs From Sandy Outside Tax Cap New Jersey Governor Chris Christie said property owners in areas devastated by Superstorm Sandy may face higher tax bills, as local governments exceed his 2 percent cap on annual … Continue reading →

Posted in Economics, New Jersey Real Estate, Property Taxes | 172 Comments

Inquirer takes a slam at South Jersey (for good reason)

Posted on October 22, 2012 by grim

From the Philly Inquirer: N.J.’s local tax bills keep spiraling upward Ted Marvel pays $4,900 in annual property taxes on his 1,000-square-foot home in the heart of Collingswood. In fact, his monthly tax bill – $407 – is starting to … Continue reading →

Posted in Comp Killer, Politics, Property Taxes, South Jersey Real Estate | 91 Comments

Bye bye tax cut

Posted on August 20, 2012 by grim

From Bloomberg: N.J. Revenue May Be $540 Million Off Target, Analyst Says New Jersey’s revenue collections were as much as $540 million less than targeted by Governor Chris Christie through the fiscal year ended June 30, according to a memo … Continue reading →

Posted in Economics, New Jersey Real Estate, Politics, Property Taxes | 118 Comments

Tax cuts increases in our future

Posted on June 19, 2012 by grim

From the Star Ledger: A remarkable thing happened in Trenton last week: Democrats outmaneuvered Gov. Chris Christie for the first time ever, effectively killing his crazy plan to cut taxes. And then another remarkable thing happened: The most voluble and … Continue reading →

Posted in Economics, New Jersey Real Estate, Politics, Property Taxes | 179 Comments

Tax Showdown Approaches

Posted on June 14, 2012 by grim

From the Star Ledger: North Dakota’s no-property-tax dream is infectious As New Jersey homeowners fall asleep tonight, maybe they’ll dream of North Dakota. It’s possible that the folks in Fargo will wake up this morning as the first state to … Continue reading →

Posted in Employment, New Jersey Real Estate, Politics, Property Taxes | 118 Comments

NJ Schools – Worth Every Penny!

Posted on June 11, 2012 by grim

From the Daily Journal: N.J. high school more expensive than Harvard Kevin Kusion’s journey through high school was normal in almost every way, except for what taxpayers spent to educate him. The cost for his last year of high school: … Continue reading →

Posted in New Jersey Real Estate, Politics, Property Taxes | 228 Comments

The perks of campaign contribution

Posted on May 22, 2012 by grim

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 →

Posted in National Real Estate, Politics, Property Taxes | 134 Comments

Just a little bump in taxes

Posted on May 21, 2012 by grim

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 →

Posted in Property Taxes, South Jersey Real Estate | 150 Comments

Farmland Assessment Fix – Does it go far enough?

Posted on May 19, 2012 by grim

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 →

Posted in New Jersey Real Estate, Politics, Property Taxes | 64 Comments

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

Posted on May 16, 2012 by grim

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 →

Posted in Economics, New Jersey Real Estate, Property Taxes | 144 Comments

April Revenue #’s Gone Missing

Posted on May 15, 2012 by grim

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 →

Posted in Economics, New Jersey Real Estate, Politics, Property Taxes | 112 Comments

Property taxes are too damn high!

Posted on April 26, 2012 by grim

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 →

Posted in Economics, New Jersey Real Estate, Property Taxes | 110 Comments

Income or Property Tax Cut – Which would you prefer?

Posted on April 17, 2012 by grim

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 →

Posted in Economics, New Jersey Real Estate, Politics, Property Taxes | 168 Comments

Appeal 2012!

Posted on March 26, 2012 by grim

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 →

Posted in Economics, New Jersey Real Estate, Politics, Property Taxes | 82 Comments

Property taxes cuts too expensive to afford

Posted on March 12, 2012 by grim

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 →

Posted in New Jersey Real Estate, Politics, Property Taxes | 251 Comments