Planet Princeton

Princeton Homeowner Assessed at the Town Average Would Pay $17,336 in Property Taxes for 2015

If the proposed municipal, school, and county budgets are passed for 2015, the owner of a home in Princeton assessed at the town average of $796,000 would pay a total of $17,336  in property taxes in 2015, not including sewer fees.

The municipal portion of the tax would be $3,741. The school tax would be $8,512. The county tax would be $5,078.

The increase for the three taxes combined would be $282 for the homeowner assessed at the town average.

School and municipal budgets will be approved next month. The county freeholders usually approve the county budget in May or June.

Proposed municipal tax rate per $100 of assessed property value – 47 cents

Proposed school  tax rate per $100 of assessed property value –  $1.07

Proposed county tax rate per $100 of assessed property value – 63.8 cents

Total = $2.178 per $100 of assessed property value

 

Krystal Knapp

Krystal Knapp is the founding editor of Planet Princeton. She can be reached via email at editor AT planetprinceton.com. Send all letters to the editor and press releases to that email address.

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Sat 19

Johnny Rockets Grand Opening Celebration at the Quaker Bridge Mall

January 1, 1970 @ 11:00 am - August 26, 2017 @ 1:00 pm
Sat 19
Sat 19

West Windsor Community Farmers Market

August 19 @ 9:00 am - 1:00 pm
Sat 19

Montgomery Farmers’ Market

August 19 @ 9:00 am - 1:00 pm
Sat 19

Good Grief Volunteer Facilitator Training

August 19 @ 9:30 am - 5:30 pm
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