Paramus, N.J.: Low Taxes and Lots of Shopping

For decades, shoppers from miles around have flocked to the mega malls and countless strip centers of Paramus, N.J., making the Bergen County borough a regional retail hub. But for the 26,000 residents who already live there, the best part about all those businesses is that they carry a lot of the property tax burden, giving homeowners a break.

“One of the main draws for Paramus buyers are the low taxes,” said Lisa Sammataro, a Keller Williams real estate agent in Ridgewood.

The tax rates were part of the reason that Vincent Giordano, 37, a mortgage broker, and his wife,

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You can lower your property taxes by shopping local under bill N.J. lawmakers just sent Murphy

Want to save on your property tax bill as a reward for shopping local?

The state Legislature on Thursday approved legislation (A4806) allowing and New Jersey municipalities to create this kind of incentive program that encourages property owners to patronize their local businesses with discounted property taxes.

The average property tax bill in New Jersey hit a whopping $9,112 last year.

Such programs already exist in places like Marlboro, which bills its program as the first in the country, Voorhees, Haddonfield, and in Union Township, where homeowners are reminded that the more they shop,

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