Tag Archives: taxes

Tax appeal settled on hotel, commercial space

A multi-year tax appeal settled for the commercial and hotel space at Carriage City Plaza yielded a combined refund of $85,000, a reduction of about 12.5 percent of its tax bill over the four disputed years.

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St. Georges Ave. auto center settles tax appeal

A St. Georges Avenue auto center won a tax appeal that slashed more than a quarter off its property tax bill for last year.

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City Council to approve 2017 municipal budget

City Council is scheduled to hold a public hearing and final approval of the 2017 municipal budget during its combined conference and regular meeting tonight, starting at 7 p.m. The $54-million spending plan, which projects an average municipal tax increase of $81, was introduced at the April 24 regular meeting.

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PILOTs in the 2017 municipal budget

Payments In Lieu Of Taxes (PILOTs) more than doubled in last year’s municipal budget, eclipsing $2 million after three new projects were added to the tax rolls. The spending plan for 2017 anticipates $1.3 million after the expiration of one five-year PILOT.

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Annual $140K SID budget up for approval

City Council is scheduled to vote on a $140,000 Special Improvement District (SID) budget for 2017 during its combined conference and regular meeting on June 12.

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A look at assessed value over the past decade

Rahway’s overall assessed value is about 7 percent off since the recession with assessed values of apartments and industrial properties heading in opposite directions while commercial assessments are almost back to pre-recession levels.

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