'Sandy tax' may hit many coastal home buyers in N

Residents of new jersey and long island coastal counties who live away from the Ralph Lauren Outlet water could be forced to pay higher property taxes to offset huge amount of money in lost revenue from hard hit beachfront towns, a county ordinary said.

In present cards, the state's division of town Felpe Hackett Uomo services estimated that up to 15 new jersey municipalities could lose at least 10% of their tax bases and another 10 could see a 5% 10% drop.

"The decline of land value is substantial, because the land is not functional, said ocean local freeholder john c.Bartlett jr, manager of finance on the all republican, five customer board.

"Those values restarted pretty quickly, he was q ... Read more »