Property Tax

Homeowners say property taxes are on the rise in New Jersey, despite a cap. (Credit: CBS2)

NJ Homeowners Feel The Pinch As Property Taxes Rise Despite Cap

High property taxes have some homeowners in New Jersey feeling the pinch, taxes went up dramatically in 2014 despite a cap.


Gov. Andrew Cuomo proposes a $1.66 billion property tax credit program while speaking at at Hofstra University on Long Island on Jan. 14, 2015. (credit: CBS2)

Gov. Cuomo Proposes NY Property Tax Credit Program

Gov. Andrew Cuomo announced a new plan that would bring property tax breaks to some New Yorkers.


Revel Casino Hotel (Credit: (Spencer Platt/Getty Images)

Revel, Atlantic City Battle Over Property Taxes

Lawyers for Atlantic City and the bankrupt Revel Casino Hotel are battling over as much as $30 million that Revel owes for property taxes and penalties.


New York State Attorney General Eric Schneiderman announces TRAMS Act to provide property tax breaks to active-duty service members. (credit: Twitter/AG Eric Schneiderman)

AG Schneiderman Proposes Property Tax Relief For Active-Duty Service Members

The Tax Relief for Active Military Service Act – or TRAMS Act – would allow those serving in the military or their spouses to apply for a tax exemption on 10 percent of the assessed value of their homes.


United States Postal Service mail truck (file / credit: Joe Raedle/Getty Images)

Seen At 11: Did Your Tax Break Get Thrown Out With Your Junk Mail?

This year, the state did things differently and some homeowners could be missing out on their money.


The Empire State Building (L) and the Chrysler Building (R) are seen behind darkend buildings on Second Avenue October 31, 2012. (credit: STAN HONDA/AFP/Getty Images)

Residents Outraged After NYC Raises Property Taxes On Sandy-Ravaged Homes

A property tax revolt is brewing in areas of New York City hard hit by Hurricane Sandy. Residents are crying foul over the city’s decision to raise the assessed value — and the taxes — on homes damaged by the storm.


Mayor Bloomberg speaks at Staten Island restoration center Nov. 29, 2012 (credit: Rich Lamb/WCBS 880)

Some NYC Sandy Victims To Get Property Tax Extension

Mayor Michael Bloomberg announced Thursday that some homeowners will receive an interest free extension from Jan. 1 to April 1.


Nassau County Executive Ed Mangano (file/credit: County Executive's Office)

Nassau County Small Business Owners Upset Over Licensing Fee Proposal

County officials said the new fee would bring in about $1.6 million, according to Newsday. Entrepreneurs said there should be shared sacrifice during tough fiscal times.


New Jersey Gov. Chris Christie (Photo by Jeff Zelevansky/Getty Images)

Governor Christie Signs NJ Budget, Tax Issues Remain Unresolved

Gov. Chris Christie has signed a budget that keeps New Jersey government humming along through next June, but with a millionaires’ tax and property tax cut still unresolved, the partisan fiscal fight between the governor and the Democrats has spilled into summer.


People walk along the boardwalk in Atlantic City, New Jersey. (Photo by Spencer Platt/Getty Images)

Atlantic City Wants $38.5M Loan To Cover Property Tax Appeals

The Atlantic City Council must get approval from the state Community Affairs Department’s Local Finance Board in order to borrow the money.


(Photo credit should read EMMANUEL DUNAND/AFP/Getty Images)

School Budgets On The Ballot Across New York Tuesday

Behind the scenes there’s a growing debate over what the vote might mean for a proposed statewide property tax cap.


FILE - A voting booth in Fort Lee, NJ (Photo: Evan Bindelglass / WCBS 880

Report: NJ Voters Approve Many School Budgets

New Jersey voters were being a bit more generous, one year after they rejected most school budget proposals. According to a published report, the majority of budgets passed Wednesday in elections.

A full, unofficial tally was expected Thursday.


NJ Residents Vote Against Exceeding Property Tax Caps

New Jersey voters were not generous when it came to exceeding the new two percent property tax caps in school elections. They rejected increases in 12 of 14 municipalities that had referenda.


Generic School Photo (Credit: AP)

N.J. School Budgets, Board Candidates On The Ballot Wednesday

New Jersey school budgets and school board candidates will be up for votes in a rare Wednesday election. The school elections were moved to Wednesday so they wouldn’t conflict with Passover this year.


New Jersey Governor Chris Christie (credit: SAUL LOEB/AFP/Getty Images)

‘Hot And Sexy’ Christie Addresses Flooding, Taxes & Pensions

New Jersey Governor Chris Christie received an unusually warm reception at a town hall meeting Wednesday — warm enough to make him blush.