Is Amazon looking to move into Woodbridge?
The giant online etailer is rumored to be looking into a warehouse in the Avenel section of Woodbridge, according to a report on NJBIZ.com.
KTR Capital Partners announced in January that they were building a $200 million Amazon warehouse in Robbinsville Township, with the facility to open sometime in 2014. The same corporation is said by a source speaking to NJBIZ to have a contract to purchase the old C&S Wholesale Grocers building, located on Blair Road in the Avenel section of the township.
C&S closed their doors
If the deal goes through, the Avenel site, the second in the state, is said to offer hundreds of local jobs. The C&S facility is approximately 500,000 sq. ft., NJBIZ said.
Amazon crafted a deal with Gov. Chris Christie in May of 2012, in which in exchange for the New Jersey warehouses and Economic Development Authority (EDA) tax incentives, Amazon would begin collecting sales tax on purchases made by New Jersey residents.
That will happen sometime in 2013. New Jersey will join 13 other states where sales tax is collected on Amazon purchases.
There was also no word on whether the Amazon location in Woodbridge will be eligible for Payment in Lieu of Taxes (PILOT) arrangements that Mayor John McCormac makes with many businesses.
That means that corporations pay the municipal government a flat rate for a set number of years. The businesses are exempt from paying Board of Education (BOE) taxes for the same time period, by far the largest portion of Woodbridge homeowners property tax bill.
The numerous PILOT programs in Woodbridge means that township taxpayers pay higher BOE taxes so they can make up the tax difference to the BOE.
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http://www.state.nj.us/treasury/taxation/lpt/taxrate.shtml The Woodbridge property tax is $9.114 per $100.00 accessed value. I provided the link to see what every town in NJ pays. This will shock you. Share this with your friends and neighbors. I'm sure any concerned taxpayer would be interested to see what Mac and crew did to Woodbridge.
http://www.state.nj.us/treasury/taxation/lpt/taxrate.shtml I guess the state department of taxation is lying. All I did was post the info. This is NOT misinformation. Why not stop your BS and get with the picture.
As to minimum wage jobs, Teresa, let's face it; is a 6-figure salary research chemist going to want to work in a 500,00 sq. ft. warehouse on Blair Rd. or new facilities near Princeton? Don't be so picky! An infusion of new jobs (including higher-paying management ones, leads to economic growth and will benefit the town. Certainly more than a huge empty warehouse does.
Do you think those companies, like XXXX Redevelopment LLC's and the like, contribute to PAC's (Political Action Committees, or might they be consider Politicians Accept Contributions)?
None of that is the case in China and other "developing" countries. So let's make sure we all gripe about relatively small corporate tax breaks while at the same time cry the blues about how we're unemployed and our kids are underemployed (if they can find a job at all.)
It would seem that for the average Woodbridge taxpayer, an unoccupied warehouse that is paying municipal, county, and BOE taxes is much less painful for taxpayers than one that's occupied and is under a PILOT program. And as for whatever benefits are touted by PILOT programs, I think the poster Official Business had the best anecdote: "Look what happen in Edison with the New York Times, 10 Millon a year in tax breaks for 15 years, Then close the plant after the tax break ends."
The benefits to Woodbridge taxpayers are nebulous at best. Someone gets a minimum wage job? Is that $8 or $9 an hour job worth the massive tax increase every taxpayer gets when the property owner with the PILOT program isn't paying his fair of taxes? And as has been said, there's no guarantee the minimum wage employee even lives in Woodbridge! The benefits of PILOT programs need to be explained in a lot more detail - but then, they aren't ever explained. You can OPRA all you want, but at the end of the day, someone in authority has to be responsible and has to tell residents what is actually going on. We do not have that in Woodbridge.
Typical Mac sheeple answer. I just passed on what the state says Woodbridge is paying per $100.00 assessed value. I interpretated the info correctly. Is there anytime your not kissing Mac's rump? I still sware your Mac hiding behind the screen name of Slyfox1961,
Another Mac rump kisser here.
"The assessed value of a home varies tremendously from town to town. Each town used a different method of computing the tax bill based on the assessment." Of course the tax web site example is correct. What I am saying is that EACH TOWN uses a DIFFERENT method of computing the tax based on the ASSESMENT formula they use, THEREFORE you CANNOT compare one town to the next UNTIL YOU convert each town's assessment into an apples to apples comparison. The average home in Woodbridge is assessed at 75k; it is different in Sayreville, and different yet again in Edison, because EACH town uses a different computation. Why is that so hard for you to comprehend?