NJAR® Reports Show Tax Caps and Consolidation Can Help Ease Property Tax...

NJAR® Reports Show Tax Caps and Consolidation Can Help Ease Property Tax Burden

Edison, N.J. – October 17, 2011 – (RealEstateRama) — The New Jersey Association of REALTORS® (NJAR®) Governmental Research Foundation (GRF) today released a group of three reports on methods of controlling property taxes in New Jersey. The first two studies show the benefits associated with consolidating either services such as police, fire, municipalities or school districts. The third report details how property taxes can be controlled and ultimately lowered by the new 2.0 percent property tax cap that took effect at the beginning of this year. The reports listed below were conducted for NJAR®GRF by the Ball State University Center for Business and Economic Research:

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The New Jersey Association of REALTORS® (NJAR®) is a non-profit organization serving the professional needs of its members. It is part of the nation's largest trade organization, the  NATIONAL ASSOCIATION OF REALTORS® (NAR).

NJAR® membership is composed of commercial and residential brokers and salespeople, property managers, appraisers, counselors and other real estate professionals who have pledged to subscribe to a strict Code of Ethics.

Contact:

Lauren Castellano
Media Coordinator
Phone: (732) 494-4709
Fax: (732) 404-8130
E-mail:lcastellano@njar.com

NJAR
295 Pierson Avenue
Edison, NJ 08837    

Phone: (732) 494-5616
Fax:   (732) 494-4723

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