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The largest property tax exemption is the exemption for registered non-profit organizations; all 50 states fully exempt these organizations from state and local property taxes with a 2009 study estimating the exemption's forgone tax revenues range from $17–32 billion per year.
In 2018, the city had an average property tax bill of $3,274, the lowest in the county, compared to an average bill of $8,292 in Mercer County and $8,767 statewide. [ 112 ] [ 113 ] The city had the sixth-highest property tax rate in New Jersey, with an equalized rate of 5.264% in 2020, compared to 2.760% in the county as a whole and a statewide ...
The mission of the New Jersey Department of the Treasury is to formulate and manage the state's budget, generate and collect revenues, disburse the appropriations used to operate New Jersey state government, manage the state's physical and financial assets, and provide statewide support services to state and local government agencies as well as the citizens of New Jersey.
Based on a home value of $400,000 and an example millage rate of 29 mills, you would pay $11,600 in annual property taxes. Depending on where you live, a home’s assessed value or market value ...
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Portions of the township were taken to form Chambersburg on April 1, 1872, and annexed by Trenton in 1888, and by Wilbur on April 24, 1891, and annexed by Trenton in 1898. [28] Hamilton Township derives its name from the village of Hamilton Square, which might have been named for Alexander Hamilton. [29] [30]
Those driving an electric vehicle might have to pay a new annual fee, under a new bill introduced in Trenton that seeks to prevent shortfalls in the state's road infrastructure funding.
Trenton City Hall is located in Trenton, Mercer County, New Jersey, United States. The white marble building was built in 1907 and added to the National Register of Historic Places on January 30, 1978.