Owners of damaged homes concerned about property taxes
Posted:
Updated:
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.
Friday, May 24 2013 12:43 PM EDT2013-05-24 16:43:54 GMT
The unofficial start of summer is being met with not-so-perfect beach weather. Many beach communities had been hoping for good weather this Memorial Day weekend following the destruction caused by superstorm Sandy.
The unofficial start of summer is being met with not-so-perfect beach weather. Many beach communities had been hoping for good weather this Memorial Day weekend following the destruction caused by superstorm Sandy. The Fox 5 weather team is calling for sunny skies on Sunday and Monday.
Friday, May 24 2013 11:12 AM EDT2013-05-24 15:12:21 GMT
AP photo
President Barack Obama plans to give the Jersey Shore a boost with a post-Memorial Day visit to showcase recovery efforts in the aftermath of Superstorm Sandy.
President Barack Obama plans to give the Jersey Shore a boost with a post-Memorial Day visit to showcase recovery efforts in the aftermath of Superstorm Sandy.
Friday, May 24 2013 9:23 AM EDT2013-05-24 13:23:33 GMT
New Jersey's education commissioner has overturned the firing of a high school athletic director who was caught on camera putting dog waste on his ex-wife's car.
New Jersey's education commissioner has overturned the firing of a high school athletic director who was caught on camera putting dog waste on his ex-wife's car.
Thursday, May 23 2013 10:17 PM EDT2013-05-24 02:17:32 GMT
New Jersey officials have seized inventory and demanded records from 29 bars and restaurants, nearly half of them TGI Fridays, that they say sold low-quality liquor to patrons who thought they were buying premium brands.
New Jersey officials have seized inventory and demanded records from 29 bars and restaurants, nearly half of them TGI Fridays, that they say sold low-quality liquor to patrons who thought they were buying premium brands.
Thursday, May 23 2013 10:11 PM EDT2013-05-24 02:11:26 GMT
An Edison, N.J., police officer was arrested and accused of setting fire to the home of a police captain in his department, according to the Middlesex County Prosecutor's Office.
An Edison, N.J., police officer was arrested and accused of setting fire to the home of a police captain in his department, according to the Middlesex County Prosecutor's Office.
Thursday, May 23 2013 8:50 PM EDT2013-05-24 00:50:04 GMT
Heavy downpours sparked flash flooding across the tristate area on Thursday. The National Weather Service issued numerous weather alerts for many counties in New York, New Jersey, and Connecticut.
Heavy downpours sparked flash flooding across the tristate area on Thursday. The National Weather Service issued numerous weather alerts for many counties in New York, New Jersey, and Connecticut.
