Owners of damaged homes concerned about property taxes
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By KERRY DREW, @KerryDrewFox5
MYFOXNY.COM -
Alan Salowe was shocked when he saw his Mantoloking summer home for the first time after hurricane Sandy. Salowe bought the home 13 years ago. For its prime oceanfront location he paid $15,500 in property taxes last year.
In New Jersey, property taxes are based on an assessment of the property's condition and value as of October 1. But because Hurricane Sandy happened at the end of October, many homes -- including Salowe's -- decreased in value.
His attorney, Tom Olson, said that homeowners who have storm damage should notify tax assessors in writing as soon as possible and definitely before January 9, 2013. Many towns will have to find ways to make up for the decrease in tax revenue.
Brick Township Mayor Stephen Acropolis said that luckily his township has a $9 million surplus. He is hoping the township can get through 2013 and that when homes are rebuilt more property taxes will be paid.
Salowe's home is structurally unsafe and must be torn down. He said he is not sure whether he will ever rebuild.
Monday, June 17 2013 6:26 PM EDT2013-06-17 22:26:45 GMT
A man aboard a United Airlines flight bound for Newark Liberty International Airport claimed his fellow passengers on the plane had been poisoned and was screaming about going to die.
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The New Jersey Department of Environmental Protection and a shore community will receive more than $53 million in federal reimbursement for the cost of removing debris from waterways after Superstorm Sandy.
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Monday, June 17 2013 12:20 PM EDT2013-06-17 16:20:15 GMT
lie Hermann has started her first full day as Rutgers' athletic director. A university spokesman tweeted late Monday morning that Hermann was on campus.
lie Hermann has started her first full day as Rutgers' athletic director. A university spokesman tweeted late Monday morning that Hermann was on campus.
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Saturday, June 15 2013 7:27 PM EDT2013-06-15 23:27:36 GMT
TRENTON, N.J. (AP) — Motorists are seeing stable prices at the pumps in New Jersey.AAA Mid-Atlantic says the average price of a gallon of regular gasoline in New Jersey on Friday was $3.40, the same price as last week. It's also the same price motorists were paying a year ago.The national average price also remained stable, coming in at $3.63 for the second straight week.
TRENTON, N.J. (AP) — Motorists are seeing stable prices at the pumps in New Jersey.AAA Mid-Atlantic says the average price of a gallon of regular gasoline in New Jersey on Friday was $3.40, the same price as last week. It's also the same price motorists were paying a year ago.The national average price also remained stable, coming in at $3.63 for the second straight week.
Friday, June 14 2013 10:22 PM EDT2013-06-15 02:22:14 GMT
Fox 5 did not notice any strapless dresses watching students arrive Friday night at a dance for Readington Middle School in New Jersey. That is exactly what the principal wanted.
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A simple commute into New York City on a New Jersey Transit bus turned into a nightmare on Thursday. The driver appeared to get lost, so the 45-minute ride took more than two hours.
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Friday, June 14 2013 8:38 PM EDT2013-06-15 00:38:50 GMT
Superstorm Sandy victims in New Jersey who are weighing whether to rebuild or relocate will soon get more information that should help them decide what to do.
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