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New Jersey 2013 Property Tax

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The Green Group
January 14th, 2013

An article from The Star Ledger published yesterday outlined information regarding NJ Property taxes and their changes over the past year.

An excerpt from the article:

"New Jersey homeowner taxes went up 1.7 percent last year, the smallest bump in more than two decades and a hard-fought milestone for one of the highest-taxed states in America.

Residents paid $7,870.28 on average in property taxes for 2012, an increase of $132.46, a Star-Ledger analysis of all 566 municipalities shows."

Included here is a link for the full article, including a chart at the bottom where you can search for your town by name to see the property tax change.

http://www.nj.com/politics/index.ssf/2013/01/nj_property_taxes_rise_slightl.html

Contact our Real Estate Niche with any questions or concerns:

Ralph Anderson - randerson@greenco.com

Michael McCabe - mmccabe@greenco.com

Timothy Torres - ttorres@greenco.com

www.greenco.com

Pursuant to IRS Circular 230 regulation: "Any tax advice expressed was not intended or written to be used, and cannot be used, by any taxpayer, for the purpose of avoiding penalties that may be imposed on the taxpayer.  If this advice was written to support the promotion or marketing of partnership or other entity, investment plan, or arrangement to any taxpayer then the advice was written to support the promotion or marketing of the matters addressed by the written advice and the taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax adviser."

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Taxonomy: 

An article from The Star Ledger published yesterday outlined information regarding NJ Property taxes and their changes over the past year.

An excerpt from the article:

"New Jersey homeowner taxes went up 1.7 percent last year, the smallest bump in more than two decades and a hard-fought milestone for one of the highest-taxed states in America.

Residents paid $7,870.28 on average in property taxes for 2012, an increase of $132.46, a Star-Ledger analysis of all 566 municipalities shows."

Included here is a link for the full article, including a chart at the bottom where you can search for your town by name to see the property tax change.

http://www.nj.com/politics/index.ssf/2013/01/nj_property_taxes_rise_slightl.html

Contact our Real Estate Niche with any questions or concerns:

Ralph Anderson - randerson@greenco.com

Michael McCabe - mmccabe@greenco.com

Timothy Torres - ttorres@greenco.com

www.greenco.com

Pursuant to IRS Circular 230 regulation: "Any tax advice expressed was not intended or written to be used, and cannot be used, by any taxpayer, for the purpose of avoiding penalties that may be imposed on the taxpayer.  If this advice was written to support the promotion or marketing of partnership or other entity, investment plan, or arrangement to any taxpayer then the advice was written to support the promotion or marketing of the matters addressed by the written advice and the taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax adviser."