You may also be interested in the fact that Lyndhurst, NJ is part of the HMDC or Hackensack Meadowlands Development Commission. Any city included in this organization receives tax subsidies from the developments in the Meadowlands. Examples being Giants/Jets Stadium and The Racetrack. The closer the city is in proximity to the actual development the more money is given to the individual municipality lowering the property taxes overall in that town. Currently Giants Stadium resides in East Rutherford therefore the city of East Rutherford currently receives the bulk of the proceeds (as of this writing) and hence they have the lowest property taxes. Other cities that are a part of the HMDC are: Carlstadt, East Rutherford, Little Ferry, Lyndhurst, Moonachie, North Arlington, Ridgefield, Rutherford, South Hackensack, and Teterboro in Bergen County; Jersey City, Kearny, North Bergen, and Secaucus in Hudson County. With more developments planned for the near future other HMDC municipalities such as Lyndhurst may be well positioned to receive future additional tax benefits.