Every year, the state of NJ publishes property tax data on the Department of Community Affairs website. I have combined all the available data, for tax years 1998 through the most recently published data for 2018, into one tabulation and visualized it in Tableau. This dashboard is intended to provide taxpayers with a bird's eye...
This is a property tax dashboard for NJ residents who may be interested in learning about the property tax profile of their municipality, including: 1) Latest available (Tax Year 2017) property tax metrics available from NJ’s Property Tax portal. 2) Tax base growth chart from 1988 to 2017 – how has your town’s tax base...
If you are new to the topic of abatements, I recommend my tax abatement series here including my 2015 article,”Jersey City PILOTs Rob Funding from the School System.“ This post is a refinement of my previous “Mapping Jersey City Abatements By Project Type and Ward” post. I wanted to update the data, and the map, to show...Continue reading
Jersey City property taxes, as seen through state compliance data: Jersey City’s last citywide revaluation was in 1988. Jersey City’s 2017 equalization ratio is 23.66%. Jersey City’s 2017 coefficient of deviation is 35.66%. On this map: Green = under-taxed | Red = over-taxed NJ property tax law is based on this foundational premise: assessed values are supposed...
I’m sharing a new map I created that pin-drops all abatements approved since Mayor Fulop and the current City Council took office*, i.e. since the summer of 2013. I created the map after reading Terrence McDonald‘s recent article from the Jersey Journal titled “Has Steve Fulop Evolved on Tax Abatements?” It’s a valid question and...Continue reading
In my Abatement Series, I’ve discussed the basic premise of abatements, how they are funded, and the impact to conventional taxpayers. In this post I look at Mayor Fulop’s new tax abatement policy for Jersey City, which includes two notable components: Tiering System: A system of awarding abatements based on geographic location or project type1. Each “tier”...Continue reading
This is article #3 in my series about abatements. Article #1 is “Tax Abatements 101: The Basics” and Article #2 is “Tax Abatements 201: Abatement Impact on Conventional Taxpayers.” In my previous post, “Tax Abatements 201: Abatement Impact on Conventional Taxpayers”, I focused on the orange slice of the pie pieces below. In this post I...
This is Article #2 in my series about abatements, which focuses on the impact abatements have on conventional taxpayers. My first post, “Abatement Basics,” is located here. How important are abatements to Jersey City residents? The answer: extremely important. Abatement revenues – also known as PILOTs, or “payments in lieu of taxes” – have increased from 3% of...Continue reading
A basic introduction to the topic of tax abatements in NJ.Continue reading
The genesis of CivicParent.org…. I live in Jersey City and on November 14, 2013 I learned that Mayor Fulop’s first abatement – the 3 towers planned for Journal Square – would not include dedicated funding for Jersey City public schools. I also learned that five City Council members, all of whom were Fulop-endorsed candidates, approved...