Submitted by The_Nomadic_Nerd t3_ycig4v in jerseycity
pixel_of_moral_decay t1_itncdzh wrote
Remember a few years ago when Reddit was convinced taxes would never go up in JC because… reasons.
Yea… good times.
And the correction still has a ways to go. JC is below state averages and still gets a lot of state funding by right should be allocated to poorer places. This ride is far from over.
But don’t worry, homestead rebate, or whatever they call it now will offset a couple percent.
The_Nomadic_Nerd OP t1_itnenpb wrote
I didn't live here at that time so I have no idea what you're talking about. What's this homestead rebate?
kokoromelody t1_itng4gw wrote
https://www.state.nj.us/treasury/taxation/anchor/index.shtml
It’s called ANCHOR now but it essentially serves as a retroactive rebate if you were a homeowner in NJ and fell across specific income requirements.
You’d need to have owned a home in October 2019 to qualify for this year’s benefit.
[deleted] t1_itng96y wrote
[deleted]
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