Real estate for sale in Neptune Twp New Jersey – 21240336



Financial Post

Canadian Pacific Railway Forms Real-Estate Development Venture
Wall Street Journal
Under the joint venture, Canadian Pacific is providing the real estate and Dream is responsible for identifying the best development proposals. Neither partner has contributed money to the joint venture yet, but each is expected to do so once projects ...
Canadian Pacific Joins With Dream to Develop Real EstateBloomberg
CP teams up with developer on real estate assetsReuters
CP and DREAM Unlimited Partner to Unlock Long-term Real Estate ValueMarketWatch
The Globe and Mail (subscription)
all 28 news articles »

While house hunting, I found a dream home. However, the house had a high property tax rate. When I asked the real estate agent why the rate was high, she told me about religious "camps" in the county which built neighborhoods within them for their members. Their members live property tax free.

Mon, 10 Sep 2012 11:31:55 -0700

These camps are owned by a religious group. Entire neighborhoods have been built in these camps. MANY people are living there and according to this real estate agent, no one on this property pays property taxes. Because these people don't pay taxes, the surrounding neighbors have to pay more taxes to make up the difference.

The house I'm looking at has over $12k in property tax, and it's only valued at roughly $170k. Neighboring properties pay the same (one was at $10k, the other was at $11k).

Can religious groups really get away with this?

Links: (thanks to sandflea)

EDIT: I removed any indication of which religious group owns this land to prevent this thread from becoming a bash-fest against a particular religious group.

submitted by ch-dev to atheism
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