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Property Taxes

Property Taxes News: Explainer: Why Property Taxes Are So High . . . and Reform Efforts Fall Short

It is the perennial complaint of New Jersey homeowners: Property taxes are too high.

The property tax dates back to colonial times, with a half penny per acre tax on property first imposed in 1670, according to the New Jersey State League of Municipalities’ “A Short History of the New Jersey Property Tax and the Long Road to Reform.

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Summary of the Article

The property tax dates back to colonial times, with a half penny per acre tax on property first imposed in 1670, according to the New Jersey State …

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It is the perennial complaint of New Jersey homeowners: Property taxes are too high.

The property tax dates back to colonial times, with a half penny per acre tax on property first imposed in 1670, according to the New Jersey State League of Municipalities’ “A Short History of the New Jersey Property Tax and the Long Road to Reform.

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first published: 2015-03-02 06:56:15[otw_is sidebar=otw-sidebar-2][otw_is sidebar=otw-sidebar-11][otw_is sidebar=otw-sidebar-3][otw_is sidebar=otw-sidebar-5]