Essex County Taxes To Increase
From the Star Ledger:
County taxes will increase for most
Most Essex County homeowners should expect to see a slight bump in their county taxes again this year, while residents in three Essex communities will see a decline.
The local impact of the county's $6.4 million tax increase recently became clear as the county treasurer released the breakdown of how the county's $325 million tax levy will be distributed among its 22 municipalities.
For a half-dozen towns, the increase will be negligible -- Caldwell, Glen Ridge, Montclair, Verona, West Caldwell and West Orange will all see hikes under $25 for the average homeowner. Another eight municipalities, including Newark, will see hikes of under $100.
Others, however, will be hit harder. Belleville, Orange, Nutley and Cedar Grove will each see average increases of over $100, while the posh hamlet of Essex Fells will be hit with the biggest average increase -- $242.
Meanwhile, homeowners in the affluent suburbs of Livingston, Millburn and Roseland will see their county taxes go down this year, due to a complicated formula that uses local real estate values to apportion county taxes.
To many homeowners, the news of yet another increase in their county taxes is maddening, no matter how small the bump might be. Coupled, in many cases, with increases in their local and school taxes, some residents say Essex County is simply becoming too expensive.
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But while D'Elia is sighing in relief, DiPaolo said he's thinking about joining her neighbors and hitting the road. Though he lives in a house passed down to him by his father, DiPaolo said there's only so much he can take in tax increases.
"What can you do? You move." he said. "Get out of Essex County and follow everybody north and west."
7 Comments:
For anyone interested in Millburn township:
Total tax rate projected to rise by seven points
Thursday, June 29, 2006
By PATRICIA HARRIS
Township officials are projecting a total tax rate this year of $2.12 for every $100 of assessed property value, a 7-point increase over last year’s rate of $2.05.
Gerald Viturello, the municipality’s tax collector, said this week the municipal and schools portions of the tax rate are set, although the county portion is yet to be finalized.
Municipal needs account for 3 points of the increase, while school needs account for 5 points. County needs are expected to drop by 1 point, however, yielding a total of 7 points.
Taxes for the average homeowner, whose property is assessed at $778,800, are estimated at $16,510.56. Using last year’s tax rate of $2.05, taxes on the same property would have been $15,965, according to Viturello.
http://theitemonline.com/page.php?page=1772
out of control taxes in Essex County. I guess that is why you can get a 3 bed 2 bath in west Orange for $450k, because the monthly tax nut is as if you had a $650k house with an 80% mortgage.
This is the tipping point. Even steel bends at 1 degree temperature difference.
The great exodus is now underway. Say goodbye to NJ and anyone who owns real estate within it and if you are on a fixded income, better start calling those 1-800 hotlines for psychological medical care, cause you are going to need it.
SAS
Abolish Essex County. What do they really give us that the state plus our town could not do better?
You have the wonderful Essex County
Jail.
Cedar Grove has been trying to get out of Essex county for some time now. Makes sense, they are right on the boarder of Passaic.
question - when was the last time you heard of anywhere in NJ lowering any tax - be it on a relative or nominal basis?
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