Register now !    Login  
Main Menu
Who's Online
93 user(s) are online (81 user(s) are browsing Message Forum)

Members: 0
Guests: 93

more...




Browsing this Thread:   1 Anonymous Users






Re: Tax Abatements? - Just for developers
#2
Home away from home
Home away from home


Hide User information
Joined:
2007/10/1 1:03
Last Login :
2023/10/30 19:51
Group:
Registered Users
Posts: 1280
Offline
Well, when I moved into my condo it had a five-year abatement on it which has long since expired.

It worked like this - after multiplying the price I bought it for by the equalization ratio, giving you the assessed value, they subtracted $ 25,000 from that number and then taxed that value. It was nice while it lasted, and I was earning a lot less then so it helped, but we're not talking about any great savings, a couple thousand a year I guess (don't really remember) which worked out to a few hundred dollars on each quarterly tax payment.

Posted on: 2016/5/19 20:01
 Top 


Tax Abatements? - Just for developers
#1
Newbie
Newbie


Hide User information
Joined:
2016/3/23 22:25
Last Login :
2017/2/17 20:21
From Jersey City
Group:
Registered Users
Posts: 7
Offline
Are tax abatements only given to developers or can private citizens get them?

If your not developing a condo complex or something but just a home to live in can you get any kind of abatement?

Posted on: 2016/5/19 19:42
 Top 








[Advanced Search]





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