village grande at camelot: NJ Real Estate Taxes!!!!!
- 04/22/08 12:33 PM
Could Someone Please explain NJ Real Estate Taxes??? I can't comprehend how open farm land that has been paying only several thousand dollars a year for huge Acreage, can suddenly be worth $10,000 - $15,000 - $20,000 in Tax Revenue per LOT a YEAR to municipalities that didn't spend any money to build that community?? Where is all the extra CASH going to these towns and worse, how can they justify that amount of money? When a builder develops a community, they incur all the expenses of roads, sidewalks, installing utilities - basically everything! A good example is Glassboro. They had open farm land (3 comments)