Siekerka pointed out in 2018, New Jersey’s corporate tax rate went from 9% to 11.5% in what was termed a “temporary increase.” It was originally scheduled to phase down to 10.5% in 2020 and back to 9% in 2021, but instead the 2.5 percentage point surcharge was extended by the Leg...
IPED's figures put Montclair State's six-year graduation rate at 67.3% (percentage of 2015 students who earned their degree by 2021). Forty-six percent of full-time undergraduates who entered Montclair State in the fall of 2017 earned their degree within four years. The four-year graduation ...
035,725 in taxes, on average, in a lifetime. New Jersey residents will pay 61.84% of their earnings to taxes over their lifetimes, one of six states where residents pay more than 50% of their earnings in total taxes. New Jersey residents also pay the highest effective rate on owner-occu...
Average NJ property tax rises again Property taxes went up by $158 for the average New Jersey homeowner last year, according to figures compiled by New Jersey 101.5. The total jump in the tax levy was the most in 10 years. Read the full story by New Jersey 101.5 Statehouse Bureau Chief ...
Local taxes go to pay for the maintenance of our roads and bridges and for other infrastructure needs. Public schools eat up a high percentage of local taxes as well as government facilities and personnel. Our local taxes also pay for recreational areas including parks, beaches, and other recre...
N.J. Homestead property tax relief not coming this year, treasury says. Taxpayers will likely receive Homestead property tax credits on their February and
New Jersey towns that cut their property taxes last year In 2023, the average property tax bill declined in 44 municipalities in New Jersey. The rankings, listed from the smallest percentage decrease to the largest decrease, is based on recent state Department of Community Affairs analyzed by New...
Understanding Property Taxes in New Jersey How Property Taxes Are Calculated In New Jersey, property taxes are determined by multiplying the assessed value of the property by the tax rate set by the local municipality. The assessed value is typically a percentage of the market value,… ...
Understanding Property Taxes in New Jersey How Property Taxes Are Calculated In New Jersey, property taxes are determined by multiplying the assessed value of the property by the tax rate set by the local municipality. The assessed value is typically a percentage of the market value,… ...
From tiny Tavistock to towns with tens of thousands of residents like Westfield and West Windsor, 11 New Jersey municipalities currently boast a population that's more than 70% boosted — or the same percentage Gov. Phil Murphy had originally set as a baseline for the state's adult population...