BEST ANSWER
FIRST ANSWER
Property taxes will always rise each year, it depends on so many factors. The question isn't whether taxes in Englewood Cliffs rose, it's whether the town did a re-assessment of properties, which the state is pressuring many communities to do. Teaneck just did a professional reassessment for the first time in 20 years, as the old numbers were out of whack with current market values. After that is completed, the total assessment for the town is then divided into the town's budget to determine a new tax rate. Some properties went up in taxes assessed, some went down, and some stayed roughly the same.
Wed Mar 26 2008, 14:45