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Property Taxes

Municipal Rates Chase Doesn't Necessarily Pay
Read
New Jersey Future's special report that calls into question the municipal pursuit of non-residential development in an effort to lower property taxes.  Read the article in the Daily Record from August 1, 2010. Read NJF's Future Facts on the ratables chase.

NJF's Tax Reform Scorecard
Property tax reform is a foundation of New Jersey Future's goal to achieve smart, center-based growth throughout the Garden State.  To help decision-makers evaluate the proposals released by the Legislature on Nov. 15, 2006, we developed a Tax Reform Scorecard, which reveals the strengths and weaknesses of the policies now under debate. Click here to download a printable version.

Property Tax Reform & Land Use
Property tax reforms aimed only at reducing individual homeowners' tax bills will fail to correct one of the most insidious damages inflicted by today's property tax system: competition between municipalities for new nonresidential developments or tax "ratables" that improve the fiscal bottom line but that worsen traffic, suppress much-needed housing opportunities, drain older communities of resources and erase open lands.  >Click here to read more.

Making Towns Family-Friendly
In short, our property tax system is anti-family, anti-environment and anti-business. Reforming the property tax system, which should be the charge of a constitutional convention, is an absolute necessity. Here's why. 

Property Tax Reform
New Jersey’s system of property taxation is not only hard on the pockets of New Jerseyans, it’s taking a permanent toll on the places where we live. Today’s property tax system is a primary driver of land-use decisions that have increased our traffic and reduced our choices about communities and homes in which to live, and how to move around.


From the Future Facts Archive:
Tax Relief with Reform
Can Property Tax Relief Slow Sprawl?
Voting for Property Tax or Reform
The Property Tax Problem
Supporting Tax Relief but not Tax Reform
Summit Touches Key Cause of Sprawl
School Funding Over-reliant on Property Tax
Property Tax System Broken
Property Tax Reform Needed
Building Stronger Communities with Tax Sharing
Smarter Growth Through Tax Sharing


Testimony in Favor of Constitutional Convention on Property Tax:
June 2003
November 2002
May 2002