Lakewood Mayor Ray Coles responds to your ‘Ask The Mayor’ questions: Taxes and HOA

The following is an ‘Ask The Mayor’ question submitted to TLS, and the Mayor’s response. Email your questions for the Mayor to [email protected].

Question:

Hi Mayor Coles,

I’m a senior citizen and I’m not working just getting by on SS. My HOA goes up every year, my taxes also; do you think you could put a cap on all. Please advise I need your help.
Thank you

 

Response from Mayor Coles:

Good morning,

Changes to HOA fees and property taxes are controlled by the state. There is a senior property tax freeze approved by the state. It is income based. You should call town hall and see if you qualify for it.

There is also legislation currently being proposed in Trenton that will cut property taxes for seniors in half, to help them afford to remain in New Jersey when they retire.

Ray

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2 COMMENTS

  1. Last year Fairways HOA charged all senior residents extra money for plowing due to the extra snow storm but this year when there was no snow storm they didn’t refund the residents for no plowing. There is no oversight. The HOA in Fairways should not be allowed to take money from seniors whenever they choose to.

  2. Mayor — The current proposed program to reduce taxes for seniors by 50% will not go into affect (if passed) until 2026. Seniors on fixed incomes need this reduction sooner. Three years is a long way away – why does it take that long to implement something so needed?

Comments are closed.