Category Archives: Property Taxes

Billion Dollar Jersey Stimulus?

From TAP: Nearly 1.7 Million New Jerseyans Applied for the ANCHOR Property Tax Relief Program Approximately 1.7 million New Jersey homeowners and renters applied for the first year of the State’s historic ANCHOR property tax relief program, announced Governor Phil … Continue reading

Posted in Economics, New Jersey Real Estate, Politics, Property Taxes | 43 Comments

We’re spending more … for you!

From Politico: Murphy outlines $53B plan for ‘Next New Jersey’ in budget speech Gov. Phil Murphy on Tuesday outlined a $53.1 billion budget that supports what he calls the “Next New Jersey” as the state faces the prospect of a recession after … Continue reading

Posted in Economics, New Jersey Real Estate, Politics, Property Taxes | 65 Comments

You should be happy to pay NJ taxes

From Patch: NJ Has Nation’s Highest Property Taxes, By A Long Shot: Report Life in New Jersey tends to guarantee two things: death and high property taxes. The Garden State pays the nation’s highest rate on property taxes by a … Continue reading

Posted in New Jersey Real Estate, Politics, Property Taxes | 98 Comments

Hybrid NJ

From NorthJersey.com: ‘Working remotely is here to stay’: NJ considering new tax break for hybrid offices New Jersey officials say they’re contemplating a new tax break designed to lure companies interested in having their staff work from home rather than in the … Continue reading

Posted in Economics, Employment, New Jersey Real Estate, Property Taxes | 57 Comments

How to lower your NJ property taxes

From the Philly Inquirer: Ivana Trump is buried at Donald Trump’s New Jersey golf club. Could that mean a tax break for the former president? Ivana Trump’s death grabbed international headlines, but her New Jersey burial place is now garnering … Continue reading

Posted in New Jersey Real Estate, Property Taxes | 54 Comments

Relief?

From the Record: New Jersey taxpayers won’t find relief in Phil Murphy’s budget Gov. Phil Murphy and Democrats in the state legislature are lauding themselves for providing relief and improving New Jersey’s economy with their recently passed state budget. Neither … Continue reading

Posted in Demographics, Economics, Employment, New Jersey Real Estate, Politics, Property Taxes | 68 Comments

NJ’s new tax rebate

From Patch: $900M In Tax Relief Could Be Coming To 1.8M NJ Homeowners, Renters Nearly 1.8 million New Jersey homeowners and renters could get some money back from the state under Gov. Phil Murphy’s new property tax relief program proposed … Continue reading

Posted in New Jersey Real Estate, Politics, Property Taxes | 127 Comments

All eyes on school budgets

From the Star Ledger: Jersey City slams $1,600 school tax hike, but education group says sides ‘need to figure how to make that work’ The Fulop administration slammed the Jersey City Board of Education for its $1,600-per-average-homeowner tax hike in … Continue reading

Posted in New Jersey Real Estate, Politics, Property Taxes | 132 Comments

Low tax counties see cuts to school aid

From NJ1015: 6 NJ counties may see property taxes rise due to school aid cuts When Gov. Murphy announces a victory, you always have to look underneath for the real story. That’s because in a tax and spend administration like … Continue reading

Posted in New Jersey Real Estate, Politics, Property Taxes | 137 Comments

Cheaper to live in NJ? Yeah, right.

From the Star Ledger: Murphy unveils plan for big property tax rebates to nearly 2M N.J. households Gov. Phil Murphy announced Thursday his administration will extend property tax relief to about 1.8 million New Jersey households by replacing the state’s Homestead Benefit … Continue reading

Posted in New Jersey Real Estate, Politics, Property Taxes | 100 Comments

Would someone please think of the $550k a year families. They are not rich.

From the Star Ledger: 96% of N.J. residents would get their full property tax break restored under this Senate plan Efforts to restore the full federal deduction for state and local taxes have run into opposition from some Senate Democrats who want … Continue reading

Posted in Economics, Employment, New Jersey Real Estate, Property Taxes | 224 Comments

$931,698 – What the average NJ resident will pay in taxes over their life

From NJ101.5: New Jersey residents pay the most taxes over a lifetime The governor downplays it and the media, the PR arm of the Democrat Party, seem to ignore it. Taxes are and have been the biggest concerns of most … Continue reading

Posted in Economics, New Jersey Real Estate, Property Taxes | 86 Comments

Paying taxes in the Sunshine State

From the Star Ledger: With no SALT deduction, should I move to Florida? There’s no question that taxes across the board are high in New Jersey when compared with other states, and that most taxes in Florida are lower. To … Continue reading

Posted in Demographics, Economics, New Jersey Real Estate, Property Taxes | 166 Comments

NJ is the state for them!

From Patch: Every NJ Town’s Average Property Tax Bill In New 2021 List Tavistock Borough, Camden $30,328 Millburn Township, Essex $24,370 Mountain Lakes Borough, Morris $21,625 Tenafly Borough, Bergen $21,552 Demarest Borough, Bergen $21,377 Glen Ridge Borough, Essex $21,214 Rumson … Continue reading

Posted in Economics, New Jersey Real Estate, Property Taxes | 101 Comments

Halfway there

From MSN: House Bill Raises SALT Tax Cap; Senate Still To Vote Among the items passed by the House of Representatives Friday morning in the Build Back Better Act was an increase in the state and local tax (SALT) cap. … Continue reading

Posted in National Real Estate, Politics, Property Taxes | 66 Comments