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Category Archives: Property Taxes
If high taxes mean no jobs, why has NY recovered?
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
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
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
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
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
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…
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
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
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
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
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
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
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
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
Christie Axes Property Tax Rebate
From the Record: Christie puts off property-tax rebates to ease budget problems Senior citizens, disabled residents and other homeowners who are among the more than a million people enrolled in New Jersey’s Homestead program will not get their property tax … Continue reading
Posted in Economics, New Jersey Real Estate, Property Taxes
106 Comments