Tax Abatements - the Series+Tax abatements are exempt from property tax but pay "payments in lieu of tax" (aka "PILOTS"). Learn about these state-authorized tools that municipalities use to both develop neighborhoods and fund city budgets with revenue other than property tax.. This series is provided in sequential order to enable building-block learning. Additional posts that provide more context and nuance are also provided.
Property Revaluation - the Series+
Property revaluation is at the heart of tax fairness in NJ. This series provides a sequential overview of revaluation - from understanding key terms to how to compute post-Reval property tax expense. Additional posts that inform this topic - using Jersey City as a case study - are also provided.