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If you are a taxpaying New Jersey resident who is eligible for the ANCHOR benefit, your payment is coming. The ANCHOR program provides property tax relief to New Jersey residents who own or rent ...
Jersey City's tax base grew by US$136 million in 2017, giving Jersey City the largest municipal tax base in the State of New Jersey. [167] As part of a 2017 revaluation, the city's property tax base is expected to increase from $6.2 billion to $26 billion. [168]
New Jersey residents now have until Dec. 6 to apply for the state’s Affordable New Jersey Communities for Homeowners and Renters, or ANCHOR program.
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During his tenure as mayor, Schundler reduced crime, lowered property taxes, increased the city's tax collection rate and property values, instituted medical savings accounts for city employees and privatized the management of the city's water utility. He also led the battle to pass New Jersey's charter school legislation.
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That tentative budget proposed an increase in the state sales tax from 6% to 7%, which was estimated to generate an additional $1.1 billion in revenue. The plan also included a requirement to use half of that for direct relief toward New Jersey's property tax—highest of all states. The plan also called for the same dedicated purpose for all ...
The Square was named for the Jersey Journal. The Labor Bank Building at 26 Journal Square was the city's first skyscraper.. Prior to its development as a commercial district Journal Square was the site of many farmhouses and manors belonging to descendants of the original settlers of Bergen, the first chartered municipality in the state settled in 1660 and located just south at Bergen Square.
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