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Property Taxes

Thursday, January 17, 2013

Summit Property Taxes Higher Than State Average, Highest In County

Summit also saw a higher percentage tax increase for 2012 than the state average.

Homeowners in Summit are paying higher property taxes than the statewide average and the highest taxes out of all communities in Union County, according to a statewide chart published by the Star-Ledger. The average total Summit tax bill comes in at $16,050.53, compared with the statewide average of $7,870.28. While the statewide average property tax increase was 1.7 percent for 2012, the smallest bump in more than two decades, Summit residents saw a 3.3 percent tax increase for 2012. Across Union County, the average percent increase for 2012 was 2.1 percent. Mountainside had the highest percentage increase for 2012 (5.6 percent), while Winfield had the biggest decrease for 2012 (-0.8 percent). Compared to the rest of Union County, Summit …

J

9:29 pm on Friday, January 18, 2013

here's what Union County did with your Summit tax dollars: http://www.gallopinghillgolfcourse.com/layout9.asp?id=222&page=8056   more ›

Monday, February 6, 2012

Letters to the Editor

Letter to the Editor: Tax Relief and the Fair School Funding Plan

For Summit this would mean $28,533,871 more state school aid and that would help lower property taxes.

It is well known that New Jersey's highest-in-the-nation property taxes cause severe hardships for many families.  What is less well known is the root cause of those high property taxes.  Simply put, in the matter of school funding, the state supreme court has usurped the authority which our constitution gives solely to the legislature.  But now there is hope!  Senator Mike Doherty has introduced The Fair School Funding Plan, which would provide tax relief for many New Jersey citizens.  You can learn more about this at http://fairschoolfunding.com/.  For Summit this would mean $28,533,871 more state school aid and that would help lower property taxes.  It’s a win-win proposition! The Supreme Court has yet to realize that you cannot bring …

Gil Jackson

10:41 am on Monday, February 6, 2012

It seems to me that this proposal boils down to- take money from poor, mostly minority school districts- and give it to rich, mostly white school districts. For all the complaints about property taxes, Summit probably has the highest per capita income in Union County. If anyone wants to reduce their property taxes, they should sell their big house and buy a small house.   more ›

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