Lakewood residents received a post card with the 2021 property tax assessment. In Lakewood, the average taxpayer paid $7,435 in property tax in 2020; a 5.5% increase over 2019. In Jackson, the average was $7,778 (+1.4%) and in Toms River, the average was $6,673 (+5.1%).Taxes went up across the board this year in Lakewood from municipal, BOE and Fire taxes all voted on budget increases. The municipal and BOE portion went up $300 - $500 annually. and fire went up from $35 -$75 annually. The county tax portion went down.
According to new figures released by the state Department of Community Affairs, the average 2020 property taxes paid in New Jersey rose above $9,000 for the first time, with the average homeowner paying a property tax bill of $9,112, up nearly $160.00, or 1.8%, compared to 2019.
Well I am so glad that all of our public servants got raises this year
ReplyDeleteThey really have had such a difficult times with all of that work at home
They’ve had to make their own coffee fill their own printer trays and return phone calls left on their voice within 3-5 business days
It’s not normal their dedication
What a privilege to be a part of this
It's obvious what the cause is....the over building with no planning! Every house that gets built, raises each person's property taxes. It sounds counterintuitive, but that is the facts in this crazy town. With the funding formula and the lack of oversight of the BOE, together with no obligation of builders to pay towards infrastructure and giving out millions in tax abatements.....
ReplyDeleteBased on what we owe the state for the BOE ($140 Million!!!) and the annual increases on BOE and municipal expenses.... property taxes should be 50% higher right now and increase 25% per year! I have done the math.
Everything you say is without evidence. You're debunked!
DeleteNot exactly .
DeleteThe fact that there is no will for transparency on the part of the township is the biggest evidence that Anon 9:27 is spot on .
However he also forgot to mention if anyone has looked into if there are no bid contracts awarded on top of all of the over spending
Public watchdogs are a very important ingredient in preventing out of control government
The fact that we owe the state $140million is fact. That the BOE annual deficit is $40million and rising is fact. That the funding formula creates a situation that Lakewoods unique makeup hurts us, is fact. That developers dont pay towards infrastructure (or very minimally) is fact. That the entire Cedarbridge development and the Prime apartments got tax abatements are facts. That we are now paying our DPW employees time and a half, to work on Fri nights and weekends because we have too many houses, is fact. That we pay for crossing guards at many locations because of all the extra people is fact. That more schools are needed to house all the extra kids and are now tax exempt in our industrial park, is fact. That so many extra houses means statistically more kids will need SCHI, is fact. I can go on and on.
DeleteThis is great news. Your idol Trump thought he would get away with it and keep lowering taxes. Well, we showed him, now we finally will have all the rich guys taxes go up.
ReplyDeleteRemember: Homeowners = rich guys
Higher property taxes = higher taxes on rich guys
What can be better??
Go Biden!
What are you trying to say?
DeleteCan you explain it me in simple terms that even I can understand?
When one demands services which they are so so entitled to; when one demands services which most people don't use in spite of being legal taxes rise. there are no free lunches in this country. Israel is different, but here you eventually pay for each and every benefit.
ReplyDeletewhat services are you talking about? people here get almost nothing from local taxes. it's not like israel where everyone has their hand out.
Deletehttps://www.app.com/restricted/?return=https%3A%2F%2Fwww.app.com%2Fstory%2Fnews%2Flocal%2Fredevelopment%2F2021%2F02%2F10%2Flakewood-downtown-99-apartment-complex-coming-zoning-board%2F4376319001%2F
ReplyDeleteIf we keep re-electing the same Bozos why would we expect any different results?
ReplyDeleteThe reasons why the taxes are so high is because there is an overabundance of government in the state of New Jersey with 565 municipalities most of which have their own local governments police departments at cetera all these Personnel cost a ton of money including their pensions and benefits for life
ReplyDeleteThere are a few reasons why taxes in NJ are insane. One of them is because the states do not allow municipalities to collect any taxes other than property taxes.
DeleteIn many states municipalities collect sales tax, utility taxes etc, but in NJ, the state wants all of that revenue themselves so they onyl allow local government to collect property tax.
You would think, in return, the state would funnel that money back to municipalities, but that is not reality. NJ gives less money back to local school districts than most states.
the other issue is the lack of media coverage. NJ is comprised of many small towns, so the fraud, waste and local tax increases get almost no press. This keeps the pressure off the corrupt politicians, and they practice pay to play at the expense of local taxpayers
Actually, a clarification is in order.
ReplyDeleteCheck out LNN Reporter Moshe's tweet at https://twitter.com/ReporterMoshe/status/1264572399313399809?s=19.
Township and BOE together increased in 2020 $240 - $450, fire increased $6-10, and the county reduced taxes $150-280.
These are the increases from 2020 over 2019.
The $35-75 fire increase is the 2021 increase over 2020. The Township, BOE and county have not yet set their 2021 budgets.