Click here for the Quarter Collection Schedule and Newsletter.
Your property taxes are figured on the assessed value of your property which is set by the Borough Tax Assessor. The rate for which you are charged is based on each $100 of the assessed value of your property.
Your are currently charged four separate tax rates:
The first tax rate is the "Local Purpose" tax which is set by the Elmer Borough Council, these funds are used for the operations of the Borough.
The second is the "School Tax" which is set by the Elmer Board of Education, these funds are used to educate the children of Elmer from kindergarten through 12th grade.
The third is the "County Tax" which is set by the Board of Choosen Freeholders, these funds are use for the operations of Salem County.
The fourth tax is the "Open Space" tax. The New Jersey Open Space Tax Program is a potential source of funding for acquisition and other projects. All New Jersey Counties and their municipalities have an Open Space Plan which delineates areas set aside, or to be set aside, for public recreation use and/or protection of natural, historic or agricultural resources. Many such areas follow streams and rivers.
The Borough is responsible for the collection of all four taxes. They then provide the School Board and the County with 100% of the amount of monies they are due for the year.
The Tax rates for the year 2011 - 2012 are as follows:
Local = $ 0.492
School = $ 1.169
County = $ 0.933
Open Space = $ 0.022
Total Rate = $ 2.616
Equalization Ratio = 94.30%
Total Tax Rate = $2.62 (per $100 of assessed value)