Category Archives: Property Taxes

State ready to force reassessment of properties

Posted on November 25, 2015 by grim

From the Star Ledger: State blasts tax boards, may force N.J. towns to reassess properties Three New Jersey municipalities in Union, Hudson and Middlesex counties are under investigation by the state for stalling property reassessments for decades and could be … Continue reading →

Posted in New Jersey Real Estate, Politics, Property Taxes | 125 Comments

If high taxes mean no jobs, why has NY recovered?

Posted on November 20, 2015 by grim

From the Star Ledger: N.J. has worst business tax climate in U.S., study finds New Jersey’s high property and income taxes contribute to its standing as the nation’s least attractive tax climate for businesses, according to a Washington tax policy … Continue reading →

Posted in Housing Recovery, Politics, Property Taxes | 97 Comments

NJ Tax Machine Rolls On

Posted on November 19, 2015 by grim

From the APP: Property tax relief? Not in sight in NJ (Warning annoying autoplay video) Tax relief doesn’t appear to be on the way anytime soon for New Jersey residents — in fact, top state lawmakers meeting here Wednesday spent … Continue reading →

Posted in New Jersey Real Estate, Politics, Property Taxes | 139 Comments

Bend Over NJ

Posted on November 3, 2015 by grim

From the Star Ledger: N.J. taxes second-worst in U.S., Forbes says New Jerseyans already know it to be true, but a Forbes analysis of state-by-state tax burdens places the Garden State near the top of its “Worst States for Taxes” … Continue reading →

Posted in New Jersey Real Estate, Politics, Property Taxes | 93 Comments

Weekend Legal Discussion – Hospitals should pay property taxes

Posted on October 24, 2015 by grim

For the lawyers, from Lexology: Pretty sure that hospitals and doctors don’t need to have subsidized property taxes. New Jersey Tax Court decision may signal a troubling trend in challenges to non-profit entitie The New Jersey Tax Court’s decision in … Continue reading →

Posted in New Jersey Real Estate, Politics, Property Taxes | 39 Comments

Sword of Damocles

Posted on October 12, 2015 by grim

Nothing but fantastic journalism from the APP, kudos to Paul D’Ambrosio – This is fantastic… WE CAN’T AFFORD NEW JERSEY New Jersey’s regressive property tax system has long drained the wallets of workers and retirees. As the experience of the … Continue reading →

Posted in New Jersey Real Estate, Property Taxes | 83 Comments

3 New North Jersey Casinos to Save AC

Posted on June 2, 2015 by grim

From the Star Ledger: Lawmakers now want 3 casinos in northern N.J. Several state lawmakers who want to allow casino gambling outside of Atlantic City are now seeking as many as three casinos in northern New Jersey — up from … Continue reading →

Posted in Demographics, Economics, New Development, Politics, Property Taxes | 181 Comments

Shut up and pay me…

Posted on April 29, 2015 by grim

From the Star Ledger: 7 of the 10 counties in America with the highest property taxes are in N.J., study says It’s no secret that New Jersey homeowners are hit with some of the highest property taxes in the nation. … Continue reading →

Posted in New Jersey Real Estate, Politics, Property Taxes | 76 Comments

Doesn’t make it any easier to swallow

Posted on April 20, 2015 by grim

From Time/Money: 8 Reasons Your Property Taxes Are So Damn High A Monmouth University survey released last fall showed that more than half of New Jersey residents want to leave at some point, with 26% saying that it’s “very likely” … Continue reading →

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

Low property taxes outside NJ? Think again

Posted on April 7, 2015 by grim

Watch the rest of the country catch up in real time, from Wallethub: Source: WalletHub

Posted in New Jersey Real Estate, Property Taxes | 117 Comments

It ain’t fair

Posted on March 6, 2015 by grim

I don’t know who Lawrence Uniglicht is, but he nailed it this morning. Posted in full, from the Daily Record’s Letters section: Feds owe New Jersey more than they’re paying Why is New Jersey jumping through hoops to balance its … Continue reading →

Posted in Economics, Politics, Property Taxes, Unrest | 98 Comments

It’s a privilege to pay NJ taxes

Posted on March 4, 2015 by grim

From the Record: Bergen’s property taxes among nation’s highest Bergen County homeowners had the fifth-highest average property tax bill in the nation, at $11,159, last year, according to a new survey by RealtyTrac, a California real estate information company. Passaic … Continue reading →

Posted in New Jersey Real Estate, Property Taxes, Unrest | 91 Comments

Death and Taxes

Posted on February 4, 2015 by grim

From the Star Ledger: N.J. property taxes top $8,000 per home after rising 2.2 percent last year New Jersey’s sky-high property taxes rose to new heights last year, from an average $7,988 in 2013 to $8,161 in 2014, according to … Continue reading →

Posted in New Jersey Real Estate, Politics, Property Taxes | 157 Comments

Bulldoze it all, turn it into a nature preserve

Posted on January 19, 2015 by grim

From the Philly Inquirer: Casino closings have big impact on A.C. property-tax base The loss of 8,000 jobs in Atlantic City’s casino industry in the last 12 months has sent shock waves through the region’s economy, but an even more … Continue reading →

Posted in Economics, Employment, Politics, Property Taxes | 81 Comments

NJ tops United Van Lines migration report again

Posted on January 6, 2015 by grim

From the Star Ledger: People are fleeing N.J. faster than any other state, moving company says Nearly two of every three families making an interstate move involving New Jersey last year were leaving the Garden State, the highest rate in … Continue reading →

Posted in Demographics, Economics, Employment, Property Taxes | 158 Comments