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Asbury Park

Asbury Park Unveils 2018 Spending Plan

Capabianco: Despite coming Off Transitional Aid, Average Homeowner Will See A Drop in Municipal Taxes

By Michelle Gladden
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The Asbury Park City Council introduced a 2018 budget Wednesday that comes with a lowered tax rate and, for the first time in years, calls for no Transitional Aid support from the state. “That’s a huge, huge thing for Asbury Park,” Deputy Mayor Amy Quinn said. Capabianco said while they requested no transitional aid dollars, […]

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Mar 15, 2018
Asbury Park

West Side Community Center Loses Tax Appeal Case

75-year-old embattled organization must pay taxes on $349K 2016 tax assessment

By Michelle Gladden
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The Asbury Park West Side Community Center [WSCC] has lost its 2016 tax appeal case against the city. The 75-year-old embattled organization, once a hub for community activities, challenged the municipal tax assessment by maintaining it fell under the purview of a tax exemption status. But State Tax Judge Mala Sundar said in a Feb. […]

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Feb 28, 2018
Asbury Park

Asbury Park Property Values Increase By 20 percent

Aguiar: 65 percent of the City properties will see a decrease in assigned share of the tax levy

By Michelle Gladden
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Asbury Park property values have increased by 20 percent over last year, according to a 2018 Assessment Report released Wednesday. But that increase does not translate into a definitive tax increase, Tax Assessor Eric Aguiar said. Instead the figure represents the strength of the local real estate market. “The City’s real estate market continues to […]

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Nov 02, 2017
Asbury Park

City Property Maintenance Code Violations At Issue

Snapshot Of How New Laws Will Affect Residents & Land Owners

By Michelle Gladden
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Since 2001, a Brooklyn based property owner of three lots on Avenue A has received property maintenance violations from the city’s code enforcement department, according to city records. With a goal of utilizing two of the three lots for urban farming and the third as part of a an affordable housing project that will help […]

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Feb 21, 2017
Asbury Park

Historic Westside Community Center At Risk

Tax appeal hearing set for March 31

By Michelle Gladden
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An unpaid $90 water bill led to the transfer of a portion of the West Side Community Center’s Dewitt Avenue property to city ownership, according to Rev. John Bradley, the Center’s Board of Trustees Vice President. Bradley told the City Council last month an error in remanding the property back to the Center occurred back […]

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Mar 03, 2016
Asbury Park

Citywide reassessment shifts tax burden

Downtown business district increases burden, reduction in the southwest

By Jill Bartlett
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A long overdue tax revaluation has shifted the values of properties across the city. As required by law, all properties within municipalities across the country are assessed to reflect their true market value. The last revaluation in Asbury Park was completed over 10 years ago. Property values throughout Asbury Park increased during that period. However, […]

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Aug 18, 2014
Asbury Park

Tax abatement ordinance up for renewal

Matter may be decided at next council meeting

By Asbury Park Sun
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A city ordinance that allows property owners to apply for tax abatements for improvements made to existing structures and new construction throughout the city expires at the end of this year. Under the state’s five year abatement and exemption law, cities that qualify may adopt an ordinance to provide local property tax abatement or exemptions. […]

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Dec 13, 2013
Asbury Park

Website for county tax appeals is open

Residents must file prior to Jan. 15

By Jill Bartlett
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Property owners in Asbury Park who would like to contest the value of their recent home assessments can do so until Jan 15. This year, city residents experienced their first city-wide revaluation of properties in about a decade. All of the values of individual properties have changed because of the revaluation. In the past, revaluations […]

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Dec 10, 2013

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