Category Archives: Property Taxes

“I wish there were more”

Posted on August 1, 2007 by grim

From the AP: Towns predict tax hikes, service cuts after aid cut New Jersey municipalities predicted property taxes would increase and local services would be cut after the state announced today it was doling out less special state aid to … Continue reading →

Posted in New Jersey Real Estate, Property Taxes | 4 Comments

Will it stay or will it go?

Posted on July 31, 2007 by grim

From NJ.com: Corzine says rebates will continue next year As the first of $2.2 billion in property tax rebate checks moved through a sorter at the Treasury Department’s plant in West Trenton today, Gov. Jon Corzine said he would deliver … Continue reading →

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

NJ retiree obligations skyrocket to $58b

Posted on July 25, 2007 by grim

From the NY Times: $58 Billion Shortfall for New Jersey Retiree Care In 1994, New Jersey decided to stop setting aside money in a fund to pay for health care for its retired public workers. The savings paved the way … Continue reading →

Posted in New Jersey Real Estate, Property Taxes | 5 Comments

Overwhelming support, but only in the face of higher taxes

Posted on July 25, 2007 by grim

From the Courier Post: N.J. would rather sell roads than hike taxes New Jersey residents overwhelmingly oppose the leasing of state assets, such as the lottery or the New Jersey Turnpike, to fix the state’s fiscal problems. That is, unless … Continue reading →

Posted in New Jersey Real Estate, Property Taxes | 4 Comments

“Why does it cost $6,000 more per year to educate my child?”

Posted on July 24, 2007 by grim

From the Record: Hearing on River Dell breakup draws 500 An overflow crowd of 500 residents attended a public hearing Monday night on a proposal to dissolve the River Dell Regional School District, a sign that the issue has struck … Continue reading →

Posted in Politics, Property Taxes | 3 Comments

“Trenton Makes, the World Takes”

Posted on July 24, 2007 by grim

From the APP: Corzine’s global warming initiatives just smoke and mirrors With Al Gore watching, Gov. Corzine signed the Global Warming Response Act into law earlier this month. That makes New Jersey the third state, following California and Hawaii, to … Continue reading →

Posted in New Jersey Real Estate, Politics, Property Taxes | 7 Comments

Tax Gimmicks

Posted on June 25, 2007 by grim

From NorthJersey.com: Rebates not a cure for property tax burden Come Election Day, state lawmakers are counting on you to remember how good it feels to tear open an envelope from the state with a check inside, with your name … Continue reading →

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

Reval triggers tax spike in Haddon Heights

Posted on June 20, 2007 by grim

From the Courier Post: Haddon Heights tax hikes spark ire Hundreds of angry residents on Tuesday night protested sharp increases in property taxes here after a revaluation. “It’s absolutely absurd,” shouted Ron DiMedio, who said the annual property taxes for … Continue reading →

Posted in New Jersey Real Estate, Property Taxes | 10 Comments

Part of the exodus

Posted on June 7, 2007 by grim

From the Philly Inquirer: With taxes flying through the roof, N.J. retirees face a painful decision Fifty years of my life have come and gone. My youngest child has graduated from college, and my husband, who is five years my … Continue reading →

Posted in New Jersey Real Estate, Property Taxes | 354 Comments

Robbing Peter to pay Paul in NJ

Posted on May 29, 2007 by grim

From Bloomberg: To the Barricades! Property Taxes Spur Revolts When it comes to property taxes in the U.S., often you are blessed and cursed. In a rising market, the local assessor will raise his estimate of your home’s worth, which … Continue reading →

Posted in Property Taxes | 39 Comments

Get your hands out of the cookie jar

Posted on May 28, 2007 by grim

From NorthJersey.com: Public to get a clearer view of N.J. budget By ADRIENNE LU For the first time in recent history, state lawmakers will be required to attach their names to eleventh-hour budget appropriations — ending the anonymous system that … Continue reading →

Posted in Politics, Property Taxes | 1 Comment

Can we really afford open space?

Posted on May 28, 2007 by grim

From the Herald News: Towns worry open space funds may be limited By ASHLEY KINDERGAN If state funds for environmental preservation are allowed to dry up next year, the burden of creating and maintaining green space will fall to counties … Continue reading →

Posted in Politics, Property Taxes | 4 Comments

Will frequent revals ease tax hike pain?

Posted on May 17, 2007 by grim

From the Stamford Advocate: New cycle sought for revaluations By Donna Porstner Published May 17 2007 The city would be required to conduct a revaluation every two years under a new legislative proposal intended to prevent huge increases in property … Continue reading →

Posted in National Real Estate, Property Taxes | 8 Comments

NY tax burden tops the charts

Posted on May 16, 2007 by grim

From the NY Post: BURDEN OF OOF: TAX PAIN WORST IN N.Y. New York’s overall tax burden is the heaviest in the nation – a staggering $5,770 average for every man, woman and child, a new study found. Per-capita state … Continue reading →

Posted in National Real Estate, Property Taxes | 4 Comments

“The school budget increased again!”

Posted on May 4, 2007 by grim

From USA Today: Parents selling homes when kids go to college GLEN RIDGE, N.J. — In towns such as this, where highly rated public schools are supported by even higher property taxes, many parents faced with college bills are selling … Continue reading →

Posted in New Jersey Real Estate, Property Taxes | 13 Comments