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Business & Economy

Ocean Residents to Get Tax Rebates for Shopping Local

The Own Ocean program will allow Ocean Township residents to shop at participating local businesses and get a percentage of the purchase applied to their property tax bill.

Rutgers Assistant Director: Many Factors Cause High NJ Property Taxes

Rutgers University Assistant Director of the Bloustein Local Government Research Center Marc Pfeiffer says that many factors go into New Jersey's high property taxes.

Developer Has Big Plans for AC

Developer Glenn Straub, who has purchased Revel and has agreed to purchase Showboat, has a grand vision for Atlantic City.

Jersey Shore Rental Business Up, But Not at Pre-Sandy Levels

Most realtors say the summer rental business for properties at the Jersey Shore is steadily improving, but most are still not reaching the levels they were before Hurricane Sandy hit.

Medford Officials Consider Buying Cemetery to Generate Revenue

Members of the Medford Township council are working out an agreement to purchase Park View Cemetery, which estimates project could generate about $80 million over 50 years.

Former Olympic Fencer Runs Business, Teaches Kids the Sport

Orange native Robert Cottingham, a member of the 1988 and 1992 U.S. Olympic fencing team, now runs his own business in Newark and teaches young people how to fence.

Revel Sale to Straub Approved

Florida developer Glenn Straub will buy the shuttered Revel casino for $82 million.

Transportation Commissioner: Fund Will Be Broke Next Year

Transportation Commissioner Jamie Fox told the Senate Budget Committee that while the Transportation Trust Fund is not depleted yet, it will be July 1, 2016.

Turning Waste into Energy

Ridgewood's Department of Public Works is making waste profitable, saving money for taxpayers and reducing greenhouse gases.

Governor and Legislature Expect Similar Revenue Growth

The Assembly Budget Committee met at the State House today to hear revenue projections for the state.