Register now !    Login  
Main Menu
Who's Online
44 user(s) are online (29 user(s) are browsing Message Forum)

Members: 1
Guests: 43

Yvonne, more...


Forum Index


Board index » All Posts (brewster)




Re: New Tax Rate is Insane!
#1
Home away from home
Home away from home


All I know is that if land is now 60% of the value, and your neighbor's identical land is valued at half yours, making their taxes 30% lower, heads will roll. Downtowners will not accept the standard line: "your neighbors taxes are not relevant to your appeal". Land is land.

The "attorney density" DT is very high, they can't fudge this like they do regular appraisals. I've had appraisals where they groomed the numbers so that the comp, replacement, and income methods came out within a 1.3% range. You're more likely to golf 18 holes of "hole in one".

Posted on: Today 12:47
Top


Re: New Tax Rate is Insane!
#2
Home away from home
Home away from home


I'm getting the feeling the biggest issue of this reval will be the half assed way they're valuing the land, which has become the major portion of the home value. If, as someone said, it's valuation is the remainder after subtracting construction cost, this is going to be a shitshow. Every bank appraisal I've ever had has been a work of fiction in that "replacement cost" method. If they end up with the land values per sq ft on a block all over the place people are going to sue.

On the other hand, the land value is a way to keep assessments up to date between revals. Statistical analysis should be able to show how much land is appreciating in the various sectors of the city, and the land assessment could be adjusted yearly, greatly softening the blow of a reval. It's ridiculous that currently lot values can be so disparate, you don't need to count bathrooms to know what the dirt is worth.

Posted on: Today 11:00
Top


Re: Cat Groomer Recommendation?
#3
Home away from home
Home away from home


No long hair advice here, but I have found for trimming nails that the key is to play with their toes all the time when they're in your lap, till your messing with their toes is not a hostile act but a sign of affection. My boy purrs when I give him a "foot massage".

Posted on: Yesterday 17:34
Top


Re: New Tax Rate is Insane!
#4
Home away from home
Home away from home


Quote:

HeightsNative wrote:
Who's organizing this sad protest?


A low information voter on NextdoorJC.

Posted on: Yesterday 14:08
Top


Re: New Tax Rate is Insane!
#5
Home away from home
Home away from home


Yeah, I'm tempted to show up at the rally with a sign that says:

MAKE GREENVILLE KEEP PAYING MY TAXES!!!

Posted on: Yesterday 13:50
Top


Re: New Tax Rate is Insane!
#6
Home away from home
Home away from home


There's a new thread with a link showing JC's MEDIAN price went up 24% last year. Think on that, and that DT is undoubtedly higher than than. How long can you pay your taxes just from what you made last year?

Oh, and I'm wiping away tears for Yvonne's neighbor who probably makes $70k a year just from her 2 rentals and doesn't want to pay taxes on them or her own home.

Posted on: Yesterday 12:09
Top


Re: New Tax Rate is Insane!
#7
Home away from home
Home away from home


Parkman, I at least, have never said anything about what people expected decades ago, only their current status. It's just that when people with $1-3m in equity plead poverty that some of us feel that there's a real problem in perspective.

Posted on: Yesterday 1:49
Top


Re: School options in the heights...
#8
Home away from home
Home away from home


I don't have relevant advice, but want to congratulate you on your positive attitude, instead of buying what all the naysayers are selling. My kids are 15 & 18, and growing up in JC has been a great experience for them. Good luck.

Posted on: 2/21 23:35
Top


Re: New Tax Rate is Insane!
#9
Home away from home
Home away from home


Quote:

parkman wrote:
At this point, where our taxes have been raised from that $17,000 level to $28,000 and up, it feels like we are being forced out our homes, where we never wanted to sell, and weren’t driven by a monetary motive.


I simply don't understand. Why would you leave your beloved home rather than part with a small fraction of your unexpected and apparently unwelcome gains? Because I'm pretty sure you're over 62, you can pay that 1.62% indefinitely via a reverse mortgage, the taxes paid will almost certainly be replenished by further appreciation.

This anger and sense of "underappreciation" by the oldest residents who have seen the most gains is really frustrating for those of us who will also see tax raises, but can see the big picture as well. Instead of realizing you got a gift of easily $100-200k from other parts of the city due to the long delay, many of you indulge this anger at the end of the party. It's unseemly.

Posted on: 2/21 23:27
Top


Re: New Tax Rate is Insane!
#10
Home away from home
Home away from home


Quote:

JCGuys wrote:
Fair question. It's incredibly complicated, which is why there is so much misinformation around the subject.


Nicely done sir.

Resized Image


Quote:

Strawhat wrote:
Also the thousands of people who have moved in within the last few years and had kids will one day have to send them to a high school. Not sure how all these transplants are going to feel about Ferris.


An interesting point I've seen made is that the AEP programs and McNair actually damage the district schools greatly by skimming the most talented students out. I wonder what my suburban school would have been like if the top 60 out of my class of 600 had been pulled out to a magnet HS.

Posted on: 2/21 20:06
Top


Re: 50 NJ High Schools with best SAT scores -- McNair at #20
#11
Home away from home
Home away from home


Quote:

bustjc wrote:
What the hell are you talking about almost every school on the list has a highly competitive selection process similar to Academic or you have to live in one of the wealthiest neighborhoods in NJ which by itself is automatic cut off.



I was speaking of the national list, I think US News, where they explicitly said so in their methodology. This is why the NYC selective schools were not there. But I see they have changed their methodology, and Stuy is there now, surprisingly below McNair's #49. Hard to believe Stuy is #13 in NYC. I wonder if the bad culture rep they got lost them the best students. US News has McNair #2 in NJ below Monmouth Hi Tech.

Posted on: 2/21 19:59
Top


Re: 50 NJ High Schools with best SAT scores -- McNair at #20
#12
Home away from home
Home away from home


The fact that McNair's scores are no better than many non-selective suburban schools is why it is included in many of those "best schools" lists when other selective schools like Stuyvesant are not.

Posted on: 2/21 12:40
Top


Re: New Tax Rate is Insane!
#13
Home away from home
Home away from home


Oh yes Yvonne, people work the system, like repeatedly appealing your taxes on the basis of an unrenovated property, then renovating fully and never getting reassessed for decades while paying a fraction of what other people were, even your loathed abated properties. Your blindness to your own righteous hypocrisy is why people call you names.

Posted on: 2/20 14:55
Top


Re: Reval - press request
#14
Home away from home
Home away from home


Quote:

farmboy wrote:
Keep in mind that those in the heights can redevelop their property as they see fit (building codes, of course, have to be complied with). A large portion of downtown is covered by easements that require historic district approval for any minor modification, refurbishment, or construction project. Taxation should drive optimal usage and downtown residents are greatly restricted in that regard (which should be noted in their tax burden).


WTF are you talking about? Most of the Heights, just like most of the rest of JC, is zoned R-1, 2 family limited to 35 ft high. Many if not most of the DT properties in question exceed one or both of those parameters.

Posted on: 2/19 22:08
Top


Re: Land Value.
#15
Home away from home
Home away from home


Quote:

JCman24 wrote:
Why bother saying anything at all then?


Yeah, pretty funny to complain about posts that don't forward the conversation with a post that adds nothing. Though given Ralphs demonstrated ignorance of the reval details I'm dubious of his claim.

It's gotta be tough to "comp" since so few empty lots transfer. If they do it by subtracting the made up "replacement cost" numbers from an appraisal from the comped assessment, then it's going to be a mess.

Was cruising the old land assessments for reference, and picked the long row of 12' houses on the S side of 8th between Monmouth & Coles. Most are $3500 or $4500, but 329.5 is $30k!!! It was $3500 in 2015, apparently reassessed after a gut, and owned by Dixon. So much for them getting a free ride. I also doubt you could actually buy a lot there in 1988 for $3500. Maybe 1978...

Posted on: 2/19 12:43
Top


Re: Land Value.
#16
Home away from home
Home away from home


Quote:

tern wrote:
How is the land value portion calculated? Is there a formula based on lot size and location?

Examples I have looked at seem inconsistent, even for properties in the same neighbourhood.

Robin.


I've raised this question too, I think there's potential for a giant shitshow there. I've found current assessments where adjacent identical lots are 1/4 their neighbor. When land was 1/5 the total it meant less, but it looks like land may be the major portion now. I posted a link a little while ago to a study showing that land cost was actually the main driver of high housing cost in cities like ours.

Posted on: 2/18 20:28
Top


Re: New Tax Rate is Insane!
#17
Home away from home
Home away from home


Quote:

tictaktoe wrote:
are you nuts?


Some things are self evident. What is not is that this creature claims to have taught children in school! That essay gets a D.

Posted on: 2/16 11:40
Top


Re: Reval - press request
#18
Home away from home
Home away from home


Nicole, please balance your piece with the whole picture that many people are getting reductions and why.

Posted on: 2/15 21:41
Top


Re: New Tax Rate is Insane!
#19
Home away from home
Home away from home


Quote:

Yvonne wrote:
What is missing from this revaluation is the budget


No, the budget isn't missing because it has nothing to do with the reval. The reval is about EQUALITY BETWEEN PROPERTY TAX PAYERS!!! It does not raise the tax levy. Is the city wasteful and the budget too high? likely, but that is not the issue of the reval, and you keep inserting it and other nonsense as a way to muddy the issue, just like all your accusations of "free rider" to people paying PILOTS far higher than your taxes. In fact, had the reval taken place on schedule all the people underpaying might have been more engaged in how the city was spending their money. Will they now? Hopefully, but THE BUDGET HAS NOTHING TO DO WITH THE REVAL!

Monroe, I've given up on calling her out on the "high taxes" BS. I used to say "prove that they're high", but she does not deal in facts.

Posted on: 2/15 19:46
Top


Re: New Tax Rate is Insane!
#20
Home away from home
Home away from home


Quote:

HeightsNative wrote:
Quote:

Ralph_Abutts wrote:
Quote:

Well put. People calling for a phase in are being greedy and encouraging more bad behavior.


Not really. Rather this conversation is just above the level of comprehension and analytical capability for some folk.


Yes, and those people who can't comprehend it are the ones downtown crying foul. Thank you for confirming!!


LOL! So true.

Posted on: 2/15 18:50
Top


Re: New Tax Rate is Insane!
#21
Home away from home
Home away from home


Quote:

Haggis wrote:
Does anyone know how many owners have not rec'd their reval yet?
Haven't seen my property on any list, mailbox filled daily with useless spam.
Just want to know at this point.
Thanks mates.


I think most have not. There's only 13k in the excel file.

Posted on: 2/14 20:19
Top


Re: New Tax Rate is Insane!
#22
Home away from home
Home away from home


I think what Dolomiti is trying to say is that even if everyone overpaying had appealed, and many were not financially sophisticated enough to know they should, their tax would only be reduced to the official rate while many downtowners were paying less than half that. And then the rate would be raised to make up for the lost taxes.

As for people losing their homes to tax liens, Yvonne keeps trotting out that scaremongering nonsense. As said, only an idiot lets a home they actually own get taken in a lien.

Posted on: 2/14 18:47
Top


Re: New Tax Rate is Insane!
#23
Home away from home
Home away from home


Quote:

RichMauro wrote:
Can someone explain ?--if there is an explanation: if all the city's properties were evaluated way back when, how did uptown properties come to suffer with higher evaluations and therefore higher taxes?
What parameters were employed that created this inconsistency?


This is been explained but I guess it bears repeating for those new to the game. Every year after a reval the city basically guesses what the overall appreciation of ALL the property has been. This is called the ratio and and it times your assessment should yield a market value.

But when one area appreciates faster than another over time this factor is more and more in error. This is why when the ratio of assessment to market falls below 85% we're supposed to have a reval. We got below 25%, and the properties that appreciated the slowest were being overtaxed because the ratio guessed them to be more valuable than they were, and ones that appreciated the fastest were being under taxed. Got it?

Posted on: 2/14 16:33
Top


Re: Photo nerds: Dark room in Jersey City?
#24
Home away from home
Home away from home


Quote:

tbo wrote:
I have an old enlarger and accessories that I used to set up in my bathroom to develop prints at home if you are interested.


I bet you're not alone! I ditched mine many years ago after having spent much of high school in the darkroom. Lord I love Photoshop! Last time I photo nerded was hand filling inkjet tanks with archival pigments. Prints from Costco are better and cheaper.

Posted on: 2/14 16:21
Top


Re: New Tax Rate is Insane!
#25
Home away from home
Home away from home


Quote:

Dolomiti wrote:
Hopefully, the people who are getting tax relief will want to share their perspective.


But most of them haven't gotten their letter! Bad choice from a PR standpoint, but that's just consistent with this whole debacle.

It's amazing that after all this time Yvonne either still doesn't understand what a reval is or cynically chooses to ignore it in favor of her disinformation campaign. People want to blame Fulop, but he's been in office 4 years and she's been spreading these lies to anyone who will listen for 30. She's at least one reason every mayor shied away from this.

Posted on: 2/13 23:01
Top


Re: New Tax Rate is Insane!
#26
Home away from home
Home away from home


Kudos to Terrence for getting the whole story, unlike some of the broadcast media starting to cover this by just hearing the sob stories.

What I can't figure is why they're releasing DT before other areas, it hurts their credibility. So far only 1/4 of the properties have seen cuts according to the spreadsheet. Perhaps they're just trying to get a jump on the appeals.

Posted on: 2/13 21:20
Top


Re: New Tax Rate is Insane!
#27
Home away from home
Home away from home


Quote:

HeightsNative wrote:
Sure is taking them a while to post Ogden Ave LOL. Unless I missed it.


Lots of Heights blocks still missing from the spreadsheet.

Posted on: 2/13 12:40
Top


Re: New Tax Rate is Insane!
#28
Home away from home
Home away from home


Quote:

bryler wrote:
What's with Appraisal System's boundary between Harsimus Cove and the Village? Isn't the border Coles Street and not Monmouth Street?


These things are not official (at least maybe up till now?) and rather fluid. While there's been a legacy of 'Italian Village' for many years, "The Village" as an organized entity is rather new, and IIRC they originally claimed parts of HC & HP. Given the number of neighborhood names in the Heights and elsewhere that I had never heard before, I think much of this is spitballing. Ever heard anyone say they lived in "Waverly"?

Posted on: 2/12 22:11
Top


Re: Article: Dense zoning is the solution to housing costs
#29
Home away from home
Home away from home


Yvonne, crack a book and study some actual economics rather than racist crap on Fox. Population growth is considered an essential of economic growth, new industry needs new workers, and the entire housing construction sector could shut down if we had no population growth. Japan and some European countries are in serious trouble because of low, shrinking, or aging populations.

Your nostalgia for a economically moribund, depopulated JC is horrifying. How about 1930, when JC had 317,000 residents? Bet you'd have hated that! Where would you have parked your Model T?

Posted on: 2/11 20:38
Top


Re: FULOP, DEAL WITH PEDESTRIAN & BIKE SAFETY!!
#30
Home away from home
Home away from home


As Bohdipooh said, we all know dozens of spots where a cop could write a new one as soon as he finished the last. But they don't. I think part of the problem is even when they do, it takes so damn long for a cop to write a ticket.

I think this could easily be solved with off the shelf technology. You could have a cop sit in car at any stop sign and video 100 cars running it in an hour, then turn the file over to an outside contractor for processing just like the cams. No points, just a big enough fine to matter. Done. Just one cop doing that in 8 different spots per shift, every day, and people will stop running stop signs.

Why productivity at the Parking Authority is so low is a mystery. They have computers to write the tickets fast, as anyone snagged by the trike leading the sweeper knows. I've watched from a restaurant as one ticketed a single car at an intersection parked too close to the curb, and ignored the other 6 that were too close also. Afraid of being too productive and raising expectations?

Posted on: 2/9 23:29
Top



TopTop
(1) 2 3 4 ... 163 »






Login
Username:

Password:

Remember me



Lost Password?

Register now!



LicenseInformation | AboutUs | PrivacyPolicy | Faq | Contact


JERSEY CITY LIST - News & Reviews - Jersey City, NJ - Copyright 2004 - 2017