Property will bring more students to school, but will stop paying any school tax.
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14 Comments
God help us now!!!
Did I read that correctly he bought it for $100,000 from Belmar? What were the other two projects bought for?
He bought the nearby parking lot for $100,000
Yet the Harmon Brothers can’t even open a Tiki Bar!
Discrimination damages continue to mount for the Harmons especially if they are forced to sell their license.
How much was the property do you know ?
Have they determined if they will be apartment rentals or for sale? I can’t tell from the article.
Why wasn’t that parking lot auctioned off worth way more than 100g
#2- I believe that to be correct. He was given the opportunity to purchase the property for $100k. The same piece of property that if you or I owned it, would be paying taxes on it valued at say $300k-$500k. Does anyone know how this is allowed to happen without selling this property to the highest bidder at a public auction? I brought this issue up one year ago when re-assessments were ongoing. How can our tax assessor tell you with a straight face that your 100′ by 150′ property is valued at $300k, yet the town sells the similar property for a third. I just don’t get. Does anyone have a clue??
#9 Yes….. Democrats fault
How about 50′ X 150 for $550,000 land
only. House separate?
He bought the parking lot for $100,000? I’m not sure what to think about that. I hope this wont be for rental-only.
Belmar Redevelopment = Fire sale of Borough assets.
Count them:
Marina Grill (Marina)
10th Avenue (parking lot for $100K + 13th Ave property)
LOKO (16,000 sq ft of vacated River Ave for $1)
Now Pep is the darling of Matts media ?
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