SonOfMcGee
SonOfMcGee t1_ito7126 wrote
Reply to comment by mmmmyah in Jersey City’s 2022 tax hikes & Q3 and Q4 tax bill flux, explained by Downtown-Prompt-6499
The school increase was known early enough to spread it out over Q3 and Q4. The city increase just finalized so it all has to be crammed into Q4 (which was already going to be pumped up with half the school increase).
The new bill amounts just dropped and my 2022Q4 is just under double my Q1 and Q2. This is after a roughly 33% increase in Q3. I’m fortunate to have a healthy escrow account, but a bunch of people are simply not going to be able to pay. It’s like a landlord telling you at the end of October that Oct/Nov/Dec rent is $800 more.
SonOfMcGee t1_ito5oha wrote
Reply to comment by PostPostMinimalist in Jersey City’s 2022 tax hikes & Q3 and Q4 tax bill flux, explained by Downtown-Prompt-6499
There was a city-wide reval about three years ago and I think most properties got close to market value but just a little under. Maybe like 90%?
SonOfMcGee t1_ito53ny wrote
Reply to comment by pmax2 in $500 rent increase in West Side! by alex12m
The $200 increase is only a 9.5% increase. The rest is them charging for utilities they used to cover, which I don’t think is considered a rent increase.
SonOfMcGee t1_itlyucq wrote
Thank you for the thorough description and drawing. I have reviewed the case and determined that at no point during this maneuver did the driver park on the wrong side during the street sweeper time window. His actions are both legal and encouraged under Jersey City motor vehicle code [points to Blu-Ray of Mad Max: Fury Road]
SonOfMcGee t1_itlk9j6 wrote
Reply to Are we in the Matrix? by Nedi-Ryze-57
The other day I got on 78-West at the Columbus/Montgomery entrance and right after the toll plaza I saw a guy on an e-scooter driving down the shoulder. As I passed him I noticed he was on a FaceTime call and giving it his full attention.
SonOfMcGee t1_itlhlyc wrote
Reply to Jersey City’s 2022 tax hikes & Q3 and Q4 tax bill flux, explained by Downtown-Prompt-6499
So whatever you paid last year, you’ll pay just under a third more this year. That’s one hell of a hike. So, say, from $6K to $8K.
And to make matters worse, the increase is almost all back-loaded in the Q4 bill because JC passed their 2022 tax levy in October of 2022.
You could argue that the tax hike itself is the only issue and how it’s distributed over the year doesn’t matter. But it is hell on people trying to budget. It also makes it a pain for people that pay through an escrow account.
SonOfMcGee t1_itl8ssu wrote
Reply to comment by WarrenBuffetsDriver in Chicken Parm - delivered? by Marybelle18
Recently discovered Renato’s Pizza Masters. Their whole menu is solid.
SonOfMcGee t1_it0898a wrote
Reply to comment by fltlsyko in Jsq house with Giant skeleton by cherryvanillapoptart
There’s a catchy sing about it:
SonOfMcGee t1_irikfc8 wrote
Reply to comment by objectimpermanence in NY Times Real Estate weekly article "The Hunt" features couple looking in the Heights... by Chris_NJ
They don’t even have to move to another town. It sounds like they’ve put roughly $1M into a property that is now worth over $2M. They could sell and buy a $1M house with cash.
SonOfMcGee t1_ito7jzh wrote
Reply to comment by PostPostMinimalist in Jersey City’s 2022 tax hikes & Q3 and Q4 tax bill flux, explained by Downtown-Prompt-6499
By “here” do you mean the state of New Jersey? We’re still a little under the state average for property tax even with the 2.1%. Average NJ property tax is 2.4%. National average is 1%.