By David Dayton McKean
The Chamber of Commerce named no names, but any inquirer
in Jersey City may obtain from real-estate brokers
lists as long as he may wish of properties sold and offered for
sale at a half or a third of their assessed valuations; of properties assessed at two and three times what they cost; and of
properties on which taxes take more than the annual gross
income. A state-wide survey recently reported by the State
Chamber of Commerce showed that `in Jersey City as much
as seven and a half months' rent out of a year's gross rental
income is taken for taxes.'
Just as taxes have climbed since Frank Hague has been
mayor, so have assessments. While the city increased a third
in population, assessments doubled. From 1930 to 1938
assessments in New Jersey, exclusive of Jersey City, declined
15 per cent; in Jersey City they declined 7 per cent. But in
1939 they were pushed up fifty-eight million dollars to an all-time
high at $645,010,000.
The result of this great, and constantly increasing, burden
of taxation has been a steady increase in tax delinquencies.
Unpaid taxes for the years since 1934 as of November 30,
1939, were shown by the comptroller's report:
This Web version, edited by GET NJ, COPYRIGHT 2003
| Year | Amount Delinquent | Percentage |
| 1934 | $1,899,404 | 7.49 |
| 1935 | 2,196,052, | 8.32 |
| 1936 | 2,612,679 | 9.35 |
| 1937 | 2,917,001 | 11.10 |
| 1938 | 4,399,008 | 15.76 |
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