Category Archives: Property Taxes

Time to start the real cuts, Jon.

Posted on December 17, 2008 by grim

From the Record: Corzine looking for another $1.2B to cut from budget Governor Corzine will announce new spending cuts early next month, his response to a recession-fueled budget deficit that is now $459 million and likely heading to well over … Continue reading →

Posted in Economics, New Jersey Real Estate, Politics, Property Taxes | 123 Comments

Tax Collections Down Statewide

Posted on November 11, 2008 by grim

From the Press of Atlantic City: State down $73.1 million amid low home sales, gaming, retail The housing-market downturn isn’t just affecting property owners looking to unload their homes; the state, too, is feeling the pinch, collecting $17.6 million less … Continue reading →

Posted in New Jersey Real Estate, Politics, Property Taxes | 327 Comments

Spending our dollars when everyone else is slashing

Posted on September 25, 2008 by grim

From the Daily Record: Corzine: No new budget cuts, at least for now New Jersey will not follow New York City in reopening its budget to make additional spending cuts in response to the Wall Street turmoil, Gov. Jon S. … Continue reading →

Posted in Economics, Politics, Property Taxes | 520 Comments

Homeowners appeal taxes as housing slumps

Posted on August 11, 2008 by grim

From the APP: Tax boards face flood of appeals by homeowners Homeowners battered by the economy are seeking help in unprecedented numbers from property tax review boards. Nearly 6,000 tax assessment appeals were filed in Monmouth and Ocean counties this … Continue reading →

Posted in Housing Bubble, New Jersey Real Estate, Property Taxes | 348 Comments

Fighting to keep the rebates

Posted on May 5, 2008 by grim

From the AP: Pre-emptive strike launched against more NJ rebate cuts A pre-emptive strike is being launched against the possibility of additional cuts to New Jersey’s property tax rebates. AARP New Jersey plans to rally at the Statehouse on Monday. … Continue reading →

Posted in Economics, New Jersey Real Estate, Property Taxes | 3 Comments

Good-bye rebate!

Posted on April 21, 2008 by grim

From the AP: Property tax rebates — touted as not being “an election year gimmick” — now ready to be cut They’ve talked of keeping parks and the state agriculture department open and maybe boosting aid for towns and cities, … Continue reading →

Posted in New Jersey Real Estate, Politics, Property Taxes | 3 Comments

Have mercy on us

Posted on March 26, 2008 by grim

From the Associated Press: NJ lawmakers call for cities, towns to impose their own taxes Assembly lawmakers on Tuesday said the state should weigh allowing cities and towns to impose their own taxes as more woes were predicted for New … Continue reading →

Posted in New Jersey Real Estate, Property Taxes | 306 Comments

Public enemy number one

Posted on March 19, 2008 by grim

From the AP: Leading mayor says property taxes ‘public policy enemy No. 1’ A leading New Jersey mayor calls New Jersey’s highest-in-the-nation property taxes “public policy enemy number one.” In doing so, he beseeches New Jersey lawmakers to reject Gov. … Continue reading →

Posted in New Jersey Real Estate, Property Taxes | 285 Comments

Corzine may cut 3,000 jobs

Posted on February 20, 2008 by grim

From the NY Times: Corzine Is Said to Weigh Cutting 3,000 Jobs and One Department Faced with a worsening economy, Gov. Jon S. Corzine is considering reducing the state’s work force by 3,000 employees and closing at least one department … Continue reading →

Posted in Politics, Property Taxes | 5 Comments

Eliminating the property tax “rebate”

Posted on February 19, 2008 by grim

From Newsday: Democratic lawmakers: End most property tax rebates Three Democratic lawmakers on Monday proposed axing property tax rebates for most homeowners to help control state spending and avoid Gov. Jon S. Corzine’s proposed toll increases. Sen. Jeff Van Drew … Continue reading →

Posted in New Jersey Real Estate, Property Taxes | 6 Comments

Middletown delays reval

Posted on February 14, 2008 by grim

From the Asbury Park Press: Town misses deadline for revaluation MIDDLETOWN — A revaluation of tax assessments for properties in Monmouth County’s largest municipality will have to wait until next year. County officials are now probing why Middletown did not … Continue reading →

Posted in New Jersey Real Estate, Property Taxes | 1 Comment

Tapped out, taxed, and tired

Posted on January 29, 2008 by grim

From the Record: Open-space skimping assailed New Jersey needs more money to save open space, maintain its parks, and support hunting and fishing, officials and environmental activists told state legislators Monday. At a hearing to set the Legislature’s environmental agenda … Continue reading →

Posted in Politics, Property Taxes | 3 Comments

NJ facing $3b budget deficit.. No new taxes?

Posted on January 2, 2008 by grim

From the AP: New Jersey enters 2008 facing major budget woes With Gov. Jon S. Corzine finalizing plans to increase highway tolls to help solve the state’s chronic fiscal woes, New Jersey enters 2008 with the nation’s third largest budget … Continue reading →

Posted in Economics, Politics, Property Taxes | 11 Comments

NJ Debt: $38 billion

Posted on November 17, 2007 by grim

From NorthJersey.com: N.J.’s debt burden tops $38B A new report shows New Jersey’s record debt is now above the $38 billion mark, a figure Governor Corzine has vowed to slash in half with a yet-to-be disclosed “financial restructuring” plan that … Continue reading →

Posted in New Jersey Real Estate, Politics, Property Taxes | 6 Comments

What a fine mess…

Posted on October 31, 2007 by grim

From NorthJersey.com: N.J. to vote on tax relief funding Voters will get to decide whether to amend the state constitution to dedicate one cent of the state’s 7 percent sales tax to property tax relief through a ballot question next … Continue reading →

Posted in New Jersey Real Estate, Property Taxes | 3 Comments