If motorists had to pay fees to offset the costs of air pollution and climate change caused by motor vehicles, they would not take their cars to take advantage of less congestion, Mr. Noland. Additionally, “if there is space for a railway along the highway, for example, it is cheaper to transport people by public transit than to widen a highway”, he says.
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Which North Jersey town is most expensive? Highest average property tax in Bergen, Passaic
But shared services often yield savings only on a case-by-case basis at the local level rather than statewide, said Rutgers’ Pfeiffer, while Ciattarelli’s proposal for an alternating property tax rate could run afoul of the state constitution.
“You can’t give some people a lower rate than other people,” Pfeiffer said. “You have to assess everybody at the same standard.”
After Stafford mobile home landlord jacked up rent 20%, is rent control the answer?
“Rents are the high, and they’ve gone up quite a bit, particularly since the pandemic,” said Eric Seymour, a Rutgers University professor who co-authored a study looking at rent control in New Jersey. “And so there’s interest in understanding the policy levers available to try to keep rents manageable.”
Office vacancy issue in New Jersey will only get worse, experts say. Here’s why
“Today that office inventory is between 44 and 34 years of age. All the stuff built then was before the internet, before mobile technology,” Hughes said. “A lot of it was cheaply built. So now we have the aging, obsolete suburban inventory that we have to deal with today.”
New Jersey is gearing up to dispatch a new round of ANCHOR property tax relief money to homeowners and renters
Hughes said, “They’re living on the edge right now, they’re really stretched,” he said. “We’re in a higher inflation era both now with high energy costs and for what may be coming, because of the [Trump administration] tariffs, any benefit they can receive will be helpful.”
Here’s what NJ’s latest economic data indicates
Rutgers professor Will Irving was less sanguine about the office market and the state’s economy. With respect to a hard or soft landing, he said, “it’s still a landing, and the landing that we’re seeing in New Jersey is a little ahead and a little harder than we’re seeing elsewhere.”
Funding for lawmakers’ pet projects largely flowed to Democratic districts
“If a legislator is threatened, if their district is more at risk, they get greater consideration,” said Marc Pfeiffer, a senior policy fellow at Rutgers University’s Center for Urban Research who has long experience in state and local government.
Can Trump tariffs, state aid spur NJ manufacturing resurgence? There are many hurdles
By 1943, over half of the jobs in New Jersey were manufacturing, said James Hughes, an economist at Rutgers University in New Brunswick.
NJ’s credit rating just improved again. Here’s why it matters
The rating upgrade announcement is “very reputational,” said Marc Pfeiffer, a senior policy fellow at Rutgers University’s Bloustein School of Planning and Public Policy, who studies local government in New Jersey.
Relocate or repair question creating post disaster cracks
“Our study reveals that residents and officials across all levels of government are concerned about the financial implications of coastal risk strategies – underscoring the need to clearly demonstrate the long-term economic benefits of alternatives like voluntary relocation and to bolster both household and local fiscal resilience to climate and political shocks.” said Geronimo