Recent comments in /f/newjersey

damnitnicole t1_jdon60j wrote

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YawnTractor_1756 t1_jdom12u wrote

Ah, so your idea is "let's artificially inflate all property prices 4x at once". If I wasn't lazy and drunk on saturday I might have typed out how dumb this idea is in a different way and how it's going to shoot you in the foot, but I'm too lazy and drunk on saturday night..

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Kershaws_Tasty_Ruben t1_jdolsvo wrote

I grew up in a beach town. The main thing that prevents “free” beaches is home rule. I put free in quotes because someone has to clean the beach and, maintain them and, pay for Lifeguards etc. So take a town like Sea Bright or Monmouth Beach both have a small population year round but after May it doubles and then on weekends can sometime triple. Beach fees or, parking fees pay for maintenance Lifeguards part time cops and anything else that has to do with the beach. There’s actually an auditing process that the towns have to use to justify the amount spent on costs associated with the beach vs. the regular operation of the rest of the town. If it’s discovered that the towns are overcharging the people who use the beach and using the extra revenue for taxpayer relief the state can attempt to recover the extra money and force the town to adjust their fees. Often, you’ll see beaches in towns that are free to enter but, have a parking fee that’s because the towns can use the parking revenue more liberally than just a straight beach entrance fee.

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falcon0159 t1_jdoli45 wrote

It's certainly an interesting idea, but very flawed as you pointed out. I agree that primary residences would have to be exempt somehow (but then why won't people set the value very low?) and maybe instead of being forced to sell if someone offers you the amount you set, they would need to offer more, and they only get one chance to offer more, and you could also choose to raise the valuation to that amount that they offer.

They would of course need to provide valid proof of funds for an offer and be willing to go through with the purchase or else be fined/lose an earnest money deposit of x% of their offer (maybe 10-20%?) which could go 75% to the homeowner and 25% to the state or something.

This would help prevent abuse and allow you to keep your property. We could also limit the frequency of those "takeover" offers to once a year or something like that as well.

We also have the highest property taxes in the country at the moment (and one of the highest income taxes), so we would need to find ways to both raise more money while making it more affordable IMO.

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talk_birdy_2_me t1_jdokz3k wrote

The justification is so wealthy landowners can have their own little slice of beach away from the plebs and not have to deal with everything that comes with being a public beach. The trouble is, they want their private beaches but still expect the government to pay for replenishment. The way it works in NJ is that if federal money is used for beach replenishment or maintenance, that beach must have a management plan that incorporates things like public access and endangered species protections. These people who try to claim their beaches are "private" are actually wrong and get very pissy when you call them on it. Accept public money, allow public uses.

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Way2trivial t1_jdokfs8 wrote

Do you know how property taxes are set? dividing the ratables over the budget.

so (keeping it simple) if the total value the tax assessor finds for a community real estate is 100 million, and the community needs 1 million to operate, everyone chips 1% of the value of their property in.

if the value of all the real estate is 1,000 million (billion) the tax rate is .1% and every chips .1% of the value of the property in.

If implemented, and EVERYONE with property started off with an automatic 4X amount as assessed by the tax assessor- then everyone would have the same tax bill as before.

It's when you go to declare a different valuation that your tax bill changes and risk increases or decreases to match.

So if my fair market price $500,000 house WAS assessed at $420,000 now my fair market house still priced at $500,000 is now assessed at $1,680,000 but my tax bill stays the same. If someone wants to pay me 1.6 mill for it- I'm good.

It's when I want to declare a different value that my bill levels out...

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YawnTractor_1756 t1_jdogtcx wrote

Sure, not *your* idea but "your idea", no need to be that anal.

I gave you a very clear example how it won't work. Obligation to sell is incompatible with business plans, any competitor can upend you at any second, and it's very costly to move. It is ridiculous you demand me to explain that like it's not self evident.

So you either will have to set price very high, and pay ridiculous property taxes only to avoid being uprooted by a competitor, or risk being uprooted every day. With incentives like that "what can go wrong? /s".

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Substantial-Bat-337 t1_jdogrzq wrote

The reason it's not free is also why it's so nice and pretty. It weeds out a lot of people who don't appreciate it imo. I grew up near the beach and never had a problem paying. That and the money normally pays kids who are badge checkers and lifeguards which is a good thing.

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Leftside-Write t1_jdog908 wrote

Which all of them WERE under blue laws years ago. I remember going to stores with roped off sections.

Grew up in Bergen County and have no issue with it having blue laws. Passaic is a bridge away. The other counties maybe 20 minutes. You would spend that much time trying to get into a parking lot.

And Sunday to enjoy the multitude of parks and recreation the county has.

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