Teaneck Property Tax - Bergen County Real Estate News

Home > Bergen County Real Estate News > March 2007 - week 3

Bergen county news with an emphasis on aspects affecting real estate, residency and community issues.

Teaneck to face a property tax increase
Fort Lee residents may get free bus service
Bergen County will construct a senior center
Luxurious house in Bergen County is on sale
Ridgefield borough sues the Ridgefield zoning board

Teaneck to face a property tax increase

Teaneck's property owners will now face a municipal tax increase of 7.6%, over the $60 million budget that was introduced by the Township council last week. This year’s budget is up by $3.5 million as compared to the year 2006 due to various reasons. Thus for a home assessed at the township average of $464,580, municipal taxes of approximately $3428 would have to be paid.

The pension contributions for the pensions of firefighters and police have gone by $1 million from last year to become $2.8 million this year. Besides this, public employee pensions have also gone up by 78%. The amount allocated for debt service has also risen by 82% this year while employee health insurance has risen by 9%. Other significant rises in the budget include a hike of $3.3 million paid for sewer treatment fees and of $500,000 paid to the tax appeal fund. This year’s budget includes allocations for various huge projects like payments for ventilation and heating system upgrades, resurfacing of roads and purchasing a new garbage truck to name a few.

However the borough is doing its bit to offset the rises and has applied for extraordinary aid for $1.2 million. The announcement of which states receive the aid would be made in the month of June. A public hearing on the budget has been scheduled on April 11, 2007 and those interested can reach the venue at 8 pm.

Fort Lee residents may get free bus service

Residents in Fort Lee may see their dream come true with free bus service. In new developments, the borough of Fort Lee is discussing this option with NJ Transit. If things go well, free bus service would be offered from the Edgewater ferry to the town and from any bus stop in Fort Lee to the ferry stop. An official of the Fort Lee parking authority said that ID cards would be issued to residents of Fort Lee to ensure that they can travel free of charge from any bus stop to the ferry and back.

Approximately 160 residents of Fort Lee may benefit from the service once it is made operational. The program would take advantage of the free seats on buses, which would be issued to the ferry takers. While negotiations are still underway, operations are hoped to begin by the 1st of April 2007.

Bergen County will construct a senior center

Bergen Country Board of Adjustment would decide on the construction of a senior center in Hackensack after a decade of delay. This proposed center has been slated to come up on First Street and if it sees the light of the day, it will contain six apartments made to suit the needs of seniors. The project is the brainchild of Martin Luther King Jr Senior center, a non-profit organization that caters mainly to African-American seniors and provides them the facilities of food, exercise and transport. The proposal was rejected in the year 2005 due to parking and traffic concerns. The center had appealed the decision in the month of October and won the case. However, the architect is taking care of traffic concerns, to make the construction as safe as possible for senior citizens.

Luxurious house in Bergen County is on sale

Edgewater's, Bergen County wonderful home stands next to the Hudson River. This huge house slated to be worth $6.5 million gives a majestic view of the river through a huge glass wall. If you are seeking a luxury home that offers not just good interiors but a wonderful view of the outside world then this home could be just the right place to invest at. It also offers a majestic view of the breathtaking Manhattan skyline and the George Washington Bridge.

Currently the house is listed with Special Properties, a branch of the company Brook Hollow Group Inc. The house is huge, strong and a sturdy steel beam construction holds the house to the rocky cliff. The walls comprise of triple glazed thermopane glass, for good view and sturdy protection from bad weather. Finally, the doors and roof are made of stainless steel for strength.

The three-leveled house has been designed by a renowned architect to resemble life in a houseboat and has an open floor plan at the main floor. Sliding glass doors, huge mahogany decks and ceilings, Brazilian bahia granite kitchen slabs and built in furniture adds a touch of class to the house which can entertain huge parties.

Ridgefield borough sues the Ridgefield zoning board

A seven-storey mid-rise by the developers, Grand Summit Association Inc. is now the point of contention between the Ridgefield borough and the Ridgefield's zoning board. The project that aims to be an age-restricted housing is slated to come up at Broad and Grand Avenues. The developer from Old Tappan was seeking the board’s approval to construct over 80 age-restricted units. A three-level parking space was also being sought along with various variances in height and rezoning. The developer was also seeking a seven storey high rise in an area where the maximum allocated is three.

After three hearings of the project, on January 18, 2007, the zoning board approved of the building along with all the rezoning that was needed. The borough of Ridgefield condemns the idea and has thus filed a suit in the state Superior court against the zoning board’s decision.

As per the suit, the plan of the project does not match the regulations in the area. Also the suit states that the zoning board did not let the residents in the area question the project and the capability of the developer. The mayor commented that while there was nothing specific to be said about the case, the litigation seemed to him as a waste of taxpayer's money, which could be better utilized.

Buy a Home in Bergen County

Bergen County offers the quality of life for you and your families have been dreaming of. Don't miss out on this opportunity to set house in one of Bergen County's towns, famous for their charming atmosphere and top quality schools. Let Anat Eisenberg help you find the house that is right for you. Take your first step with this FREE inclusive report, containing:

14 Questions to ask a Realtor
5 Powerful Buying Strategies
9 Deadly Mistakes Home sellers Make
Additional Reports
How To Get Top Dollar In Any Market
Making the Move Easy on the Kids
Six Ways To Beat The Stress Of Buying A Home
Different Reasons to Own Your Own Home
Things You Should Know about Moving
When Selling a Home

Get Your Free Inclusive Real Estate Report Now.

Find out more about Bergen County homes available for sale. Anat Eisenberg can help you find your dream real estate property. Anat is no ordinary real estate agent. In short, she is professional, honest and dedicated. Call: 201-341-4765 or email here.