NY, NJ pay highest property taxes: study
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New Jersey and New York state residents paid the highest property taxes in the country in 2006, as much as $6,500 more than the national median, according to a report released on Wednesday.
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Future residents of the Cottage Gate development in Middletown, New Jersey, may be surprised to learn their granite countertops and two-car garages were paid for by a hedge fund.
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Ronald O. Perelmanâs neo-Georgian town house on East 63rd Street holds the distinction of being the highest-taxed single-family home in New York City.
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New York's most expensive home is no longer a posh Manhattan high rise &#151; that title now moves to the state's other tract of astronomically priced real estate.
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By The Record, Hackensack, N.J.  Feb. 5--Finding a new home in the Highlands may get a bit harder.   Town houses and condominiums are going up and are for sale near major  highways.
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American families across the nation are paying an increasingly large portion of their incomes on housing, putting a squeeze on household budgets, according to a published report.
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A new report shows that New York City has the heaviest tax burden of the nine largest American cities, but what do New Yorkers get for what they pay?
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An article last Sunday in the special Your Taxes report, about income taxes that must be paid by athletes who travel out of state, misstated the estimated New York tax liability of a hypothetical Boston Red Sox player making $20 million a year who appeared in nine games at Yankee Stadium. It would be about $60,000, not $100,000. (While such a player would be liable for New York State taxes, there would be no New York City tax due.).
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JERSEY CITY, N.J., June 27  /PRNewswire/ -- The New Jersey real estate market has a new driving force. This weekend when house hunters set out to look at homes for sale or rent, they'll be armed with a customized route map.
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The Yankees are paying more in luxury tax than the Tampa Bay Devil Rays spent on their payroll. New York is required to pay $25,026,352, according to a Dec. 21 memorandum that was sent to all major league teams.
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To help homeowners with high property taxes, Governor Deval Patrick is proposing to extend a disputed measure that temporarily allows municipalities to collect a greater share of taxes from business properties.
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The highlight is a 7 percent across-the-board cut in the property tax rate, more than Mayor Michael R. Bloomberg proposed in January.
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Retail prices for the greater New York area climbed 0.7% higher in October, with higher costs for housing, transportation, food and apparel offsetting a seasonal decline in electricity prices, according to the US Department of Labor&#39;s Bureau of Labor
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If you're lucky enough to own two homes, you may have recently packed up and moved to your summer residence. That's nice, but it can have tax consequences that are anything but a day at the beach.
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Which legislators get the most pork for the tax dollars their states pay in?
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The Supreme Court ruled Thursday that U.S. courts can decide New York City's property tax disputes with foreign governments, an issue the city says involves over $100 million.
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Baseball The New York Yankees did accomplish something this year: They lowered their luxury tax for the second straight season. The Yankees were hit with a tax bill of $23.88 million by Major League Baseball in a notice sent to teams late Friday, pushing them over the $100 million mark since the penalty for profligate spending was introduced in 2003. ...