NJAR® Reports Show Tax Caps and Consolidation Can Help Ease Property Tax Burden

Edison, N.J. – October 17, 2011 – (RealEstateRama) — The New Jersey Association of REALTORS® (NJAR®) Governmental Research Foundation (GRF) today released a group of three reports on methods of controlling property taxes in New Jersey. The first two studies show the benefits associated with consolidating either services such as police, fire, municipalities or school districts. The third report details how property taxes can be controlled and ultimately lowered by the new 2.0 percent property tax cap that took effect at the beginning of this year. The reports listed below were conducted for NJAR®GRF by the Ball State University Center for Business and Economic Research: