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Re: Dixon Leasing Cheating JC out of Taxes with the help of Rebecca Sysmes
#1
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Quote:

Frinjc wrote:
You mean that the tax would skyrocket AFTER the abatement expires right? If this is the case then Dixon banked on the delayed reval to keep taxes low for a while but it should not prevent their properties from being reassessed and them paying a higher rate right post-reval. They could refuse to have their properties visited and argue out of partial renovation paperwork (if they did so) but I am sure it would backfire considering they have rented many of them and people know what's inside. The goal for Dixon as part of the HCA maybe to cool people down post-reval and get as much info on people's properties to do the right appeals if they can. At this point my position on them has turned to neutral.


No, not after the 5yr abatement expires..... more like shortly after JC processes the paperwork that is filed in order to receive an abatement. If you apply for an abatement post renovation work, your property will be reassessed using recent comps. Your new tax bill will be based on this new assessment less any abatement they grant you. If you do any significant improvements, your new assessment (even with an abatement) will likely be much more than your old assessment so your taxes will go up prior to the abatement expiring. You will pay even more taxes after it expires.


Posted on: 2017/4/21 3:41
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Re: Dixon Leasing Cheating JC out of Taxes with the help of Rebecca Sysmes
#2
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Quote:

MDM wrote:
Dixon did a partial gut - rehab (twice because the 1st contractor didn't do such a good job), including a tear off / replace of the roof on the property next to mine. This was a house previously occupied by a hoarder with 30+ cats. My block no longer smells like cat piss. So personally, I have no negative issues with Dixon.

As for abatements.. 1-4 unit buildings are eligible for a 5 year abatement for major renovations, regardless who owns them (owner occupied or investor). You don't report rent income on units 4 or less to the city since they are not rent controlled and are taxed as residential (tax assessment based on comparison sales.. not rent income). So what exactly is this 'special' abatement that Dixon is getting?


Dixon is not applying for an abatement after they renovate a property. If they did, the property would be reassessed and the tax on the property would skyrocket. This is what I think the OP is getting at.

Posted on: 2017/4/19 21:17
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Re: Is Jersey City Real Estate in a bubble?
#3
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Quote:

SRhia wrote:
Sad, but I must agree true.

However, it's still nice to have some ball park figures though. Neither my parents, nor my husband's parents ever owned a home in USA (we're both 1st generation immigrants). And we currently own a condo. So the cost structure is very different between the two, and I honestly have very little idea/knowledge what it takes to own and maintain a brownstone.

I always like to know as much as I could before jumping into anything. And the way I approach if/when we can "upgrade" to a brownstone is to begin with how much we can afford every month (say $x) to spend on all housing related costs. From $x, I'd deduct all the fixed/known expenses such as: heating, Water/sewage/property tax/insurance/average repair per month. And whatever's left would be how much mortgage we can afford, and from that I can calculate how much "house" I can afford.

It's been good to hear everyone's input. I'm a bit surprised to hear that a couple making $400K/yr could not afford a brownstone with ease. That's very sad.


As others have already answered, it's hard to give you an estimate since many things depend on the size and condition of the house. If masonry work is needed, then be prepared to pay big $$$. We generally budgeted several thousand per year for general maintenance since things (boilers, water heaters, appliances) in older homes can go at any time. Some years we didn't spent very much ($500 or less) but other years we had to replace an appliance or a boiler. Other stuff like yard work I pretty much take care of myself (including painting our rubber roof annually).
Currently for us there is not much in terms of maintenance cost since we did major renovations to our house (windows, electrical, plumbing). Home insurance is ~$1500/yr (one million liability coverage) since no flood coverage is required on our block. We purchase more liability coverage since we rent out garden level.

Posted on: 2015/10/27 19:41
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Re: Man Shot & Killed - Grand & Communipaw
#4
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Isn't there a police station right around there?

Posted on: 2015/10/26 21:22
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Re: JC has the least demographically representative police force of any city in the nation
#5
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I don't think anyone here advocated living in JC as a condition for employment. Rather,, giving civil servants priority to affordable housing in JC or making affordable housing available to them in the place they work. As sort of an optional benefit......

Posted on: 2015/1/9 17:27
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Re: JC has the least demographically representative police force of any city in the nation
#6
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Agree that JC should give priority to police and firefighters in these affordable housing developments.

Posted on: 2015/1/7 15:20
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Re: Wheels gone and car left on blocks in Jersey City
#7
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Saw another newish honda accord on blocks w/o wheels. Was about a year ago around Coles & Pavonia. Police need to step up patrols.

Posted on: 2014/11/26 15:26
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Re: Speed bump between 8th and 9th on Erie.
#8
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Quote:

RUinHamiltonPark wrote:
Quote:

dtjcview wrote:
Quote:

radryan03 wrote:
It's simple - people shouldnt be using Erie as a pass through street for their commute. I am all for making it painful to drive through Hamilton Park and any other neighborhood in JC. Even with the stop signs... I am regularly rushed by cars at the stops and would gamble I'm not the only one.
...


Totally agree. I think the City needs to close that entire block during school hours.

At the very least, force all traffic right on Erie and Pavonia - those using Erie as a cut-through to the Holland Tunnel need to be inconvenienced as much as possible.


So I should be later for work leaving the city where I pay taxes for what reason again?

No one is crossing at Pavonia. They're crossing at 8th and 9th to go to the PATH. 8th is where the trouble is. Yet there is no bump heading up to that lethal intersection. Pavonia doesn't even have oncoming traffic. This is just a bunch of whining from the neighborhood association. If someone told them a 6 story building was going up or there was a kale sale they'd forget about it.

This will just ADD more cars on MORE streets.

The whole problem is that what Fulop has been doing is letting the neighborhoods determine traffic flow instead of engineers. I trust engineers on this stuff more than yoga instructors.


What's wrong with letting neighborhoods have input into something they have to live with.....especially when their safety is concerned? Don't they pay taxes too? The problem is not that Fulop is listening to neighborhood associations. The problem is that way too may people speed/don't stop completely at stops signs in areas where there more and more pedestrians.......that, and the size of the speed hump!


Posted on: 2014/9/24 19:45
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Re: Speed bump between 8th and 9th on Erie.
#9
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Quote:

mikerush wrote:
Is way to big. Ive seen a dozen cars mess up there front ends hitting it. Also. there are 2 stop signs 300 feet from each other, why do you need a freaking speed bump.
Someone please explain why this oversized hidden unnecessary speed bump exists?


Why? Beceause too many people don't stop at said stop signs trying to get to the tunnel. Plus, have you seen how many children/strollers are in the area??

Having said that, they did go a little overboard on the size of the speed bump.

Posted on: 2014/9/15 13:39
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Re: 30 Children at 5th Street Daycare drank bleach!
#10
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What a nightmare!!

Posted on: 2014/9/11 16:11
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Re: Buying an apt with tenant in place
#11
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When we bought our 3-family house (two 1-BR rentals plus 2-BR duplex) it was fully occupied. We wanted to live in the duplex so we had the sellers attorney prepare a Notice to Quit. I believe this gave them at least 60 days to vacate. Can't remember if they had a lease in place. We didn't have any problems.


Posted on: 2014/8/27 16:06
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Re: Live on Coles, 6th or 7th? If you haven't checked your CO and Smoke detectors ..CHIRP.. please do so
#12
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HAHHAH.....subtle hints but your message comes across loud and clear.......CHIRP!

Posted on: 2014/8/4 20:18
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Re: Daniel Wrieden aka 'Queer Eye For The Historic House Guy'
#13
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Say what you want about Dan, but I think we need someone like him to keep everyone (including developers) from doing whatever the hell they want.


Posted on: 2014/4/4 15:20
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Re: Pre-natal Yoga
#14
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Hey Jeeper,

My wife had a good pre-natal yoga experience with Michelle Timek. See her website:

http://www.michelletimekyoga.com/

PM me if you have any specific questions and I'll ask my wife for more details.


Quote:

jeeper275 wrote:
Anyone have a good experience with pre-natal yoga in Jersey City? Or a studio they prefer which also offers pre-natal? Thanks!

Posted on: 2014/2/27 17:10
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Re: wallpaper hanger recommendation?
#15
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Bumping this up in case anyone has a recommendation. We're also in the market fo someone who can put up wallpaper well.

Posted on: 2014/2/24 17:25
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Re: Jeep/car dealers on 440
#16
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Not sure, but I don't think the 3.5% sales tax applies to cars.

Quote:

Monroe wrote:
Isn't one advantage of buying in JC (everything else being the same) the 3.5% sales tax?? One way or another I'd use that as leverage if dealing with an out of area dealer.

Posted on: 2014/1/13 14:24
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Re: Slate tiles
#17
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Good luck. Let us know how you make out. Pics would be appreciated too!!

Posted on: 2013/12/30 18:05
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Re: Slate tiles
#18
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We just tiled our bathrooms and used:

1) The Tile Shop
Rochelle Park

2) Best Tile
East Brunswick
732-390-6662


Kinda far but we like what we saw in the showrooms....especially for the Tile Shop. Helped us to visualize what the entire bathroon would look like. Hope this helps.

Posted on: 2013/12/30 15:02
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Re: Problem mouse in our house!
#19
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Thanks to all for the suggestions! We'll probably have to bite the bullet and seal any holes in the house. Still need to evict the mouse though. Thanks again!

Posted on: 2013/9/12 21:40
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Problem mouse in our house!
#20
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Living in a garden level apartment and have a mouse running around in the kitchen. Laid out traps (both snap and glue boards) with peanut butter bait but to no effect. Mouse is not interested. I occasionally the mouse and notice mouse poop so I know it's around. Anyone have any suggestions? Thanks.

Posted on: 2013/9/12 19:10
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Re: Boy hit by car at Hamilton Park
#21
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Need to clear the cars parking on the corners. Just a plain hazard.

It doesn't help that drivers don't like to come to a complete stop!

Posted on: 2013/8/19 14:27
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Re: van vorst park and hamilton park flood question
#22
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Can't comment on the specific streets you mentioned but I live on 8th street (east of Hamilton Park - closer to Newport Mall) and can tell you that we did not flood during Sandy or Irene. Hope this helps.

Posted on: 2013/7/12 18:04
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Re: Any information on the razing of the Lincoln Park Golf Range?
#23
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Quote:

1stStGuy wrote:
On a (somewhat) related note: can anyone recommend some good public courses that don't require any township/county residence cards to reserve tee times?

Anywhere in the Hudson, Bergen, Essex counties would do. Possibly even Union County.


I don't think it's public, but if you're willing to drive to Clark, NJ (Union) you should take a look at Hyatt Hills GC. Nice little 9 hole course w/ driving range.

Posted on: 2013/7/5 14:27
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Re: Brazen bicycle theft on Jersey Ave. btwn 7th and 8th St.
#24
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I like that....thinking outside the box!! Probably get sued by the bike thief tough.

Posted on: 2013/6/27 14:48
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Re: Brazen bicycle theft on Jersey Ave. btwn 7th and 8th St.
#25
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Crazy. Can't even lock a bike in front. Police need to step up patrols b/c these guys will just keep coming back for more.

Posted on: 2013/6/27 13:56
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Re: Hamilton Park Arrest
#26
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Why did they think it was a carjacking?

Posted on: 2013/6/19 13:30
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Re: Chief Comey, other JCPD top brass planning to retire before Fulop takes the helm?
#27
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Quote:

HPYC wrote:
This time I think we need to pass a requirement that the Chief of Police actually live in the city he/she is tasked with protecting. We've got no more use for officials who use the city as an ATM but don't really care how safe or clean it is because they and their families don't live here.


Agreed. They should offer some type of local JC housing for all JC public servants.

Posted on: 2013/5/22 19:09
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Re: NJ DCA Inspection
#28
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For me it was relatively painless...other than the fee!! They focused on the things you mentioned like CO detectors, fire detectors, emergency lighting works properly, clutter in the common hallways/fire escape that can block people from getting out in an emergency, self closing doors, etc. Anything the find will be written up and you have a few months to fix. They told me they were really back logged so it would be a while before they could come back to check if you fixed the issues. The guy I dealt with was reasonable. The stuff we had to fix was pretty minor. Having said that, I am glad it is only once every 5 years!

Hope this helps. Good luck !

Posted on: 2013/5/21 22:14
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Re: Contractor to do work on doors
#29
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Quote:

MattSchapiro wrote:
Baker Doors -- 201-988-0524

Worked with Jeff Baker more than once and recommend him highly.


I have heard Baker does good work too and I am considering them for work on our house. Are they priced on the high or low end?

Posted on: 2013/5/21 20:35
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Re: Australians investors buying up Jersey City housing
#30
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Yes, the house sold for below asking, but $950,000 ain't that bad considering the house needs some interior work (in my opinion).

Posted on: 2013/5/21 16:41
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