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N.J. – 13 of 20 Most Taxed Counties in Nation

January 27, 2009 by  
Filed under News

New Jersey has 13 of the 20 most taxed counties in the Nation according to a new study by the Tax Foundation for owner-occupied homes located in counties that have populations of over 20,000. According to the study, the ranking of the counties with the highest property tax burden is as follows:

Westchester County, New York ($7,908)
Nassau County, New York ($7,726)
Hunterdon County, New Jersey ($7,708)
Bergen County, New Jersey ($7,370)
Somerset County, New Jersey ($7,201)
Essex County, New Jersey ($7, 149)
Rockland County, New York ($7,066)
Morris County, New Jersey ($6,977)
Union County, New Jersey ($6,727)
Passaic County, New Jersey ($6,673)
Putnam County, New York ($6,553)
Suffolk County, New York ($6,502)
Monmouth County, New Jersey ($6,360)
Hudson County, New Jersey ($5,865)
Lake County, Illinois ($5,790)
Fairfield County, Connecticut ($5,694)
Sussex County, New Jersey ($5,677)
Middlesex County, New Jersey ($5,575)
Mercer County, New Jersey ($5,457)
Warren County, New Jersey ($5,228)

Source: The Tax Foundation

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Highest Property Taxes In The Country

January 27, 2009 by  
Filed under News

Residents who reside in three New Jersey Counties pay more in real estate taxes as a percentage of homeowner median income than residents of any other county in the United States. Specifically, residents who reside in Passaic County, N.J. pay on average 8.5% of their income in real estate taxes. Close behind are the residents who reside in Union County, N.J. and Essex County, N.J. who pay on average 8.1% of their income in property taxes.

Given that real estate values have fallen drastically in the last several months, residents who reside within Passaic, Union and Essex counties should give the thought of filing a real estate tax appeal on their property heavy consideration.

The full article posted on Forbes.com may be found by clicking the words Real Estate Tax Appeal Attorney.

* LEGAL DISCLAIMER
This Blog/Web Site is made available for educational purposes only general understanding of the law, not to provide specific legal advice. By using this blog site you understand that there is no attorney client relationship between you and the Blog/Web Site publisher.

Link to the original site