Who Pays the Most Taxes in Marlboro?
Commercial properties share the burden with Marlboro taxpayers. We've got the top 10 taxpayers in the township.
As the township ($32.92) and the school district ($88 million) solidify the 2013 budget, taxpayers are digging their feet in to prepare for the tax bill.
But fear not, Marlboro residents, you aren't alone. The top 10 highest tax bills of 2012 in Marlboro belong to commercial properties, a fact that can provide, maybe, a little solace as you write the check.
Top 10 taxpayers of 2012 in Marlboro*:
10. Exclusive Plaza $150,264.55
-Monster Mini Golf, LA Boxing, Sovereign Bank
9. A&P Shopping Center $175,271.25
-A&P Food Store, Dunkin Donuts, Kathy's Kafe, Stewarts
8. Mart Centre $176,292.83
-Weichert Realtors, Arbat Deli, Millenium Eye Care
7. Sunrise Assisted Living $186,288.30
6. Apartment: Royal Pines at Marlboro $228,353.40
5. Brooks Edge Plaza $254,393.70
-Koo Restaurant, Asian Food Market, Supercuts
4. Lowe's $294,619.95
3. Industrial: Central Jersey Industrial Park, T.M.C Marlboro L.L.C $450,697.50
2. Cambridge Square, Union Hill Nine Associates $611,929.02
-ShopRite, Home Depot, Dunkin Donuts
1. Marlboro Plaza, $733,983.91
-Vacant Pathmark, Kohl's, Staples
Tell us: what other commercial properties would you like to see in Marlboro?
*According to Data Universe, the projected rate excludes local fire tax, state rebate and property tax deductions/credits.
Michael Mirkin
1:33 pm on Thursday, March 28, 2013
What is Costco paying? Would love to know what was paid before Costco was built and after.Also what is the projected assessment for Whole Foods?
Kaitlyn Anness
2:16 pm on Thursday, March 28, 2013
Michael,
Costco paid $112,574.22 in property taxes. I don't know what Whole Foods would be paying.
tom thornton
2:31 pm on Thursday, March 28, 2013
Costco did not pay taxes. The owner of the plaza paid taxes on the valuation of the entire complex which includes the Ihop and other stores.
Marlboro Mann
3:19 pm on Friday, March 29, 2013
Judging by the amount of Marlboro Plaza's tax bill, it's no wonder that the entire shopping center looks run down. A far cry from the modern robust malls along Route 9 in Manalapan.
Robert
9:46 pm on Sunday, March 31, 2013
Why are Manalapans property taxes lower than Marlboro?
They seem to have a better control over their municipal and school taxes .
Michael Mirkin
10:17 am on Monday, April 1, 2013
@kaitlyn - Thanks for the info. I really like to know what was paid while Regal was there and if Costco build out increased/decreased or kept taxes the same?
Interestingly enough I looked at the stats and average taxes in Marlboro are up over 78% between 2000 and 2010. Within the same time frame Manalapan taxes are up a little over 55%. I wonder what normalized data would like breaking out municipal vs. school taxes for both municipalities.
Marlboro Mann
11:02 am on Monday, April 1, 2013
The school taxes in Marlboro are obscene and take up nearly 75% of the annual tax bill. Residents should be greatful that they will no longer have a say since they are now guaranteed a 2% increase per year as the Board spends up to the cap. No longer will residents have to stand in awe and validate the Marlboro NEA's scare tactics. No wonder there are so many empty homes in the Township. Who could afford to live here with our "wonderful and costly" school system? Once the kids take flight, the parents take flight right behind them. It is not a sustainable situation.