Tag Archives: taxes

Council hires appraiser for Merck assessment

City Council hired an appraisal firm to help with the tax assessment of new developments on the East Scott Avenue campus of Merck & Co., the city’s largest taxpayer.

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Delco Plaza settles multi-year tax appeal

Owners of a shopping center that straddles Rahway and Woodbridge will get a refund of almost $150,000 after a tax appeal settlement on the property, the second in the past decade.

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Council extends Rahway Plaza tax break

City Council extended a 50-year tax break another five years for a downtown high-rise with plans to possibly extend it longer in the future.

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50-year tax break to be extended

A downtown high-rise building would have its 50-year tax abatement agreement extended another five years under a resolution to come before City Council tonight.

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A closer look at PILOT revenue in 2022 budget

The municipal budget anticipates more than $2.5 million in revenue from Payments In Lieu Of Taxes (PILOT), thanks in part to two new developments coming online and a new state law requiring a contribution from local hospitals.

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Abstract of Ratables, 2021

The city’s total assessed value inched up again last year for the second year in a row, led by a nearly 3% increase in assessed value of Class 4C Apartment.

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