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Englewood’s luxury homes do not face much tax hikes
Bergen County and Japanese
Teaneck welcomes Easter
Bergen County’s Family Resource Fair
Teaneck, Bogotá see tax increases
Owners of Englewood real estate valued below a certain amount may face large tax hikes as compared to their wealthier counterparts, says the new budget, which was proposed by the borough. After the first property revaluation in this decade, the houses, which were estimated at $120,000, were seen to triple in value. These homeowners will now have to pay approximately $1000 more in taxes. Many residents have even experienced tax hikes of $2000 and with fixed incomes, they are not happy.
After the last citywide assessment of homes in 1994, changes have taken place this year and not all are pleased. However the ones who can sleep more comfortably are the people who own the luxury Englewood homes. The expensive homes have seen lesser tax hikes and at many instances the taxes have even lowered as compared to last year. It can be seen that a house that has increased by 141% in assessed value will experience huge tax hikes while homes or commercial complexes that have not increased much in assessed values will have smaller tax hikes or can even enjoy a tax cut.
The revaluation for Englewood was conducted by Realty Appraisal, first in 2005 and then in 2006. As per the Borough council, revaluations will soon be conducted for the towns of Teaneck, Fairlawn, and Hackensack in 2007 while the towns of Bogotá, Englewood Cliffs, Leonia and Mahwah will have revaluations in 2008.
Information on houses in Teaneck
Bergen County and the neighborhood are losing the Japanese population that once thrived in. Estimated to be at approximately 100,000 at one time, the figures came crashing down as many left after the stock markets collapsed in Japan.
During the 1980s there were many Japanese families living in Bergen County. These people had come to live here in response to the 25 odd Japanese banks and the various electronic firms like Sharp, Sony, Panasonic, etc. that had opened up in the neighborhood.
To address the needs of the growing Japanese community, Japanese schools and local Japanese centers had also opened up. A full time Japanese school in Englewood Cliffs and a supermarket in Edgewater were there just to cater to the needs of this community. Fort Lee had become the residential hub for many of the Japanese, as the area was ideal for their needs. Real estate agents had also come forth to specifically help the Japanese clients get good property deals for office buildings and homes in Bergen County.
The figures however now show a change and the Japanese restaurants; schools and markets are not as full as they once were. Many officers posted in Bergen County were recalled and the character of the community that remained has transformed over the decade. The three weekend Japanese schools in Bergen County where parents would take their children for native language skills consolidated into one. Many of the Japanese residents still live in Fort Lee while a few have shifted to Tenafly, Ridgewood and other areas in the neighborhood.
Fort Lee organizes health fair
Teaneck’s St Mark’s Episcopal Church undergoes a transformation, as Easter comes and Jesus stretches his arms to say, ‘Here I am’. This year too, many residents of Teaneck got together to transform the Church in Teaneck with Easter finery on Saturday, 7th April, 2007.
Over ten residents volunteered their support and transformed the place with white and gold linen. Many colors and kinds of flowers were used to decorate the church and usher in a festive look. Besides flower decorations, the music playing at the church would also be more lively, say the parishioners who come from diverse backgrounds.
The St Mark’s church has a wide congregation that comprises of half black and half white parishioners. There are also a few people from the Caribbean’s and the West Indies. Parents of children visiting the church, say that their children learn a lot from the diversity of people who come here.
Tenafly works to preserve nature
Bergen County takes good care of its residents, which is evident from the various programs that are conducted on a regular basis for their benefit. For example, one such program was the Family Resource Fair that was conducted in the last week of March 2007. This fair was held at Bergen County Technical High School at 285 Pascack Road on the 24th of March.
The six hour long event saw the various agencies in Bergen County interact with residents on issues as diverse as education, housing, physical and mental health, medical insurance, abuse, recreation, social services, employment generation and parenting. The event was conducted quite successfully and many attended from various parts of the county for diverse reasons and interests. Parking facilities were provided for and childcare was also offered to those visiting.
Housing rentals in Dumont for the elderly
In Teaneck, a $87 million spending plan has been proposed. This would mean a tax hike of 2.9%. Homeowners in Teaneck will vote their opinions on the 2007-08 budget on April 17, 2007.
As per the borough budget for 2007, residents and homeowners in Bogotá will see municipal tax hikes of about 10 percent. The new proposal dictates that an average home owner in Bogotá may pay approximately $170 more than last year as taxes for 2007. The tax bill will also include school and county taxes amongst other elements. While total spending in the budget has reduced by a large margin, taxes have increased by approximately $500,000. Officials state that this tax hike has been caused by a rise in costs and reduction in revenues.
The main factors that hiked costs for the borough included pension payments for police and public employees and sewer fees. However Mayor Lonegan has said that the proposal is still in its preliminary stages and the hike should be decreased when a public hearing is held on June 7, 2007 and the borough council finally adopts the changes in the same month.
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