Category Archives: Property Taxes

State Tax Caps Not Effective

Posted on March 9, 2010 by grim

From the Star Ledger: N.J. municipalities raise taxes despite state cap When New Jersey announced that property taxes went up by an average of 3.3. percent last year — the smallest increase in a decade of rapid growth — some … Continue reading →

Posted in New Jersey Real Estate, Property Taxes | 485 Comments

NJ Home Buyer Credit? Misguided legislation we just can’t afford.

Posted on March 5, 2010 by grim

From the Star Ledger: N.J. legislation could create home buyer tax credit A state association of real estate agents is backing legislation that would create a New Jersey tax credit for home buyers, according to a release. The bill, which … Continue reading →

Posted in New Jersey Real Estate, Property Taxes | 693 Comments

“I’m not going to spend this state further into debt and I’m not going to tell you a happy story…”

Posted on February 19, 2010 by grim

From the Star Ledger: Gov. Chris Christie warns N.J. districts school aid could be cut 15 percent in next budget With school districts still reeling from the midyear budget cuts he announced last week, Gov. Chris Christie said today he … Continue reading →

Posted in New Jersey Real Estate, Politics, Property Taxes | 619 Comments

Property tax rebate fraud? I’m shocked!

Posted on February 13, 2010 by grim

From the AP: Audit exposes NJ property tax program flaws Lax oversight, confusing rules and potential fraud have combined to cost New Jersey millions each year in rebates and tax deductions given to homeowners who may not qualify for them, … Continue reading →

Posted in New Jersey Real Estate, Property Taxes | 735 Comments

Corzine “was unwilling to make the tough decisions”

Posted on January 11, 2010 by grim

From Bloomberg: Corzine Leaves $8 Billion Gap as N.J. Governor Readies Exit Jon Corzine, only the second sitting New Jersey governor to lose a general election since 1947, makes his farewell speech tomorrow with the third-most indebted U.S. state facing … Continue reading →

Posted in Economics, New Jersey Real Estate, Politics, Property Taxes | 323 Comments

Willing to pay for it

Posted on December 13, 2009 by grim

From the NYT: The Hottest Topic in Home Sales RESIDENTIAL property taxes: Could there be a more potent issue for real estate right now in New Jersey? Polls indicated that voter concern over high taxes — New Jerseyans pay the … Continue reading →

Posted in New Jersey Real Estate, Property Taxes | 163 Comments

“The gravy train continues to roll”

Posted on December 2, 2009 by grim

From the Star Ledger: N.J. investigations unit reports huge payouts by local government They receive paid days off for Christmas shopping, donating blood and weddings. And when these public employees retire, they can cash in tens of thousands of dollars … Continue reading →

Posted in Politics, Property Taxes | 220 Comments

Can we really afford home rule?

Posted on November 30, 2009 by grim

From the Daily Record: Do we really love home rule? A recent poll says residents are not as enamored with their home towns as some think. A Quinnipiac University poll asked residents if they would support merging school districts and … Continue reading →

Posted in New Jersey Real Estate, Politics, Property Taxes | 261 Comments

I’m thankful for our prudent state and local government

Posted on November 26, 2009 by grim

From the Star Ledger: N.J. budget deficit grows to $1B for current fiscal year The state today said it is facing a $1 billion hole in this year’s budget — a shortfall five times bigger than previously disclosed — and … Continue reading →

Posted in New Jersey Real Estate, Politics, Property Taxes | 62 Comments

All eyes on the fat man

Posted on November 4, 2009 by grim

From the Star Ledger NJ Voices Blog: Property taxes the major concern for N.J. voters despite political affiliation Route 78 cuts through New Jersey. More accurately, it cuts through the many New Jerseys. Every dozen or so miles, the towns … Continue reading →

Posted in New Jersey Real Estate, Property Taxes | 308 Comments

NEWSFLASH! Taxes are high in Millburn

Posted on October 13, 2009 by grim

Thought this was obvious, especially since the average home price is over a million. Hard to swallow an argument about a “poor homeowner” who can’t afford taxes when you are talking about Millburn. How about you sell the house and … Continue reading →

Posted in New Jersey Real Estate, Property Taxes | 225 Comments

Backlash on the horizon? Or is it already here?

Posted on October 5, 2009 by grim

From the NY Times: As Property Taxes Become a Real Burden, Can Backlash Be Far Off? The list from census data isn’t all that surprising, but there it is. Westchester County, No. 1. Nassau, No. 2. Hunterdon and Bergen in … Continue reading →

Posted in New Jersey Real Estate, Property Taxes | 275 Comments

“There is no bright spot in New Jersey”

Posted on September 28, 2009 by grim

From the Vineland Daily Journal: Property taxes are stealing our way of life New Jersey’s property tax system is broken. But you already know that. What is not well known is that property taxes promote disparities among economic and racial … Continue reading →

Posted in New Jersey Real Estate, Property Taxes | 152 Comments

“New Jersey continues as the overall property tax champ”

Posted on September 26, 2009 by grim

From the WSJ: New Jersey Moves Up The Property Tax Charts New Jersey, infamous for having some of the highest property taxes in the U.S., is only getting more so. The state has inched its way up on a list … Continue reading →

Posted in New Jersey Real Estate, Property Taxes | 167 Comments

NJ tops the list!

Posted on September 23, 2009 by grim

From Bloomberg: New Jersey, New York Taxes Are Worst for Business, Study Says New Jersey and New York are the worst of the 50 U.S. states for business because of their tax burdens, a study by the Tax Foundation says. … Continue reading →

Posted in Economics, New Jersey Real Estate, Property Taxes | 210 Comments