Skip to main content

Midland Park

MPK Ranks Third in Region For Tax Exemptions

08/30/2013 10:23AM ● By Rebecca K. Abma

Midland Park Borough Hall

Tax exempt properties make up close to 11% of Midland Park's total value, a figure that exceeds every other community in Northwest Bergen County with the exemption of Ridgewood and Glen Rock. As part of Midland Park Press's ongoing look at property tax bills in the Northwest Bergen County area, we focused on the impact of tax exempt properties on overall tax bills and found some surprising facts. 

Of Midland Park's $115 million in tax exempt properties,  "other" comprises the largest category at $32 million, followed by public schools at $30.7 million, then churches at $29 million. The borough also has exemptions of $16.7 million for public property, $5.4 million for private school property and $730,000 for cemeteries. 

While Midland Park has a lot of churches, the borough actually ranks third in the Northwest Bergen County area for church tax exemptions by size, with $18.6 million of church property exemptions per square mile. Glen Rock tops the list with $23.8 million in church exemptions per square mile. Ridgewood comes in second at $20.6 million in church exemption per square mile

Midland Park also ranks third for total tax exempt property by size, with $74 million exempt properties per square mile. Ridgewood, with $129 million in exemptions per square mile, comes in first again, with Glen Rock taking second at $92 million exemptions per square mile. 

Here's a closer look at the various tax exempt property values in the Northwest Bergen County region. Most of the data comes from the New Jersey Division of Communities Affairs Abstract of Ratables for 2012, and we used a calculator to determine values per square mile and percentage of total value.   

Midland Park: 1.563 sq. miles

  • Total Exempt Property: $115,735,100
  • Total Exempt Property Per Sq. Mi: $74,046,769
  • Percent of Total Value: 10.9%
  • Church exempt: $29,138,100
  • Church exempt per sq. mi: $18,642,418
  • Public Property exempt: $16,790,700
  • Public School Property: $30,753,300
  • Other School Property: $5,438,100
  • Cemeteries: $730,000
  • Other Exemptions: $32,883,900

Allendale: 3.119 sq. miles

  • Total Exempt Property: $124,626,000
  • Total Exempt Per Sq. Mi: $39,957,038
  • Percent of Total Value: 8.12%
  • Church exempt: $16,066,200
  • Church exempt per sq. mi: $5,151,074
  • Public Property exempt: $45.067,700
  • Public School Property: $61,060,600
  • Other Exemptions: $2,431,500 

Franklin Lakes: 9.847 sq. miles

  • Total Tax Exempt Property: $194,171,500
  • Total Exempt Per Sq. Mi: $19,718,848
  • Percent of Total Value: 4.75%
  • Church Exempt: $27,969,600
  • Church Exempt Per Sq. Mi: $2,840,418
  • Public Property Exempt: $64,202,500
  • Public School Property Exempt: $75,768,200
  • Other School Property Exempt: $10,142,600
  • Cemeteries $10,273,000
  • Other Exemptions: $5,815,600

Glen Rock: 2.714

  • Total Exempt Property: $250,720,500
  • Total Exempt Per Sq Mi: $92,380,434
  • Percent of Total Value: 10.91%
  • Church exempt: $37,577,900
  • Church Exempt Per Sq. Mi: $23,845,946
  • Public Property exempt: $128,328,100
  • Public School Property: $68,270,400
  • Cemeteries: $132,600
  • Other Exemptions: $16,411,500 

Ho-Ho-Kus: 1.749 sq. miles

  • Total Exempt Property: $44,766,100
  • Total Exempt Per Sq. Mi: $25,595,254
  • Percent of Total Value: 3.91%
  • Church exempt: $7,932,100
  • Church exempt per sq. mi: $4,535,220
  • Public Property exempt: $18,925,000
  • Public School Property: $11,469,2000
  • Other School Property: $5,113,600
  • Cemeteries: $372,000
  • Other Exemptions: $954,200 

Mahwah: 26.191 sq. mi

  • Total Exempt Property: $520,549,800
  • Total Exempt Per Sq Mi: $19,857,140
  • Percent of Total Value: 9.14%
  • Church exempt: $42,057,600
  • Church exempt per sq. mi: $1,605,803
  • Public Property exempt:  $362,561,200
  • Public School Property: $78,753,700
  • Other School Property$4,647,700
  • Cemeteries: $2,089,700
  • Other Exemptions: $30,439,900

Oakland: 8.728

  • Total Exempt Property: $198,433,800
  • Exempt Per Sq. Mi: $22,735,311
  • Percent of Total Value: 9.14%
  • Church exempt: $15,261,900
  • Church exempt per Sq. Mi: $1,748,613
  • Public Property exempt: $61,382,200
  • Public School Property: $83,149,200
  • Other School Property: $17,100,200
  • Cemeteries: $2,051,500
  • Other Exemptions: $19,488,800

Ramsey: 5.591 sq. mi

  • Total Exempt Property: $164,264,600
  • Total Exempt Per Square Mile: $29,380,182
  • Percent of Total Value:  5.79%
  • Church exempt: $27,180,400
  • Church Exempt Per Sq. Mi: $4,861,456
  • Public Property exempt: $54,660,300
  • Public School Property: $49,938,300
  • Other School Property: $18,179,300
  • Cemeteries: $4,568,000
  • Other Exemptions: $9,738,300

Ridgewood: 5.818 sq. mi

  • Total Exempt Property: $751,165,900
  • Total Exempt Per Sq. Mi: $129,110,637
  • Percent of Total Value: 11.35%
  • Church exempt: $120,398,900
  • Church Exempt Per Square Mi: $20,694,207
  • Public Property exempt: $202,750,200
  • Public School Property: $161,036,800
  • Other School Property: $10,543,500
  • Cemeteries: $23,856,100
  • Other Exemptions: $232,580,400

Waldwick: 2.087 sq. mi

  • Total Exempt Property: $103,664,400
  • Tax exempt per sq. mi: $49,671,490
  • Percent of Total Value:  6.65%
  • Church exempt: $8,291,100
  • Church exempt per sq. mi: $3,972,735
  • Public Property exempt: $15,824,300
  • Public School Property: $43,081,800
  • Other School Property: $8,716,500
  • Cemeteries: $188,500
  • Other Exemptions: $27,562,200

Wyckoff: 6.607 sq. mi.

  • Total Tax Exempt Property: $335,436,000
  • Tax Exempt Per Sq. Mi: $50,769,789
  • Percent of Total Value: 6.96%
  • Church exempt: $90,787,700
  • Church exempt per sq. mi: $13,741,138
  • Public Property exempt: $91,562,200
  • Public School Property: $59,758.500
  • Other School Property: $7,627,400
  • Cemeteries: $3,804,900
  • Other Exemptions: $81,895,300
Upcoming Events Near You

No Events in the next 21 days.