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Lakewood residents get reassessment letters Property Taxes shoot up

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Lakewood homeowners received their new tax bill following the reassessment and shockingly but not surprisingly Taxes have gone up a significant amount. Homes were assessed to reflect current market values in many cases of inflated home prices. To sofen the blow township officials claim they may lower the tax rate to even things out, buy that has not happened in a while. BOE taxes and Fire district taxes went up this year too. The Fire dept is asking for another increase next month. The big question continues to be asked WHER IS ALL THE MONEY GOING???? So many new homes built bringing in new ratables why is there not enough money?

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