Economic Development &
Local Property Tax Information
Cumberland Grows a joint initiative between the Bridgeton Area Chamber of Commerce and Cumberland Development Corporation. Our goal is promoting the municipalities of Bridgeton, Hopewell, Maurice River, Stow Creek, Deerfield, Lawrence, Shiloh, Commercial, and Upper Deerfield New Jersey by attracting new businesses and investment. The Western and Southern part of Cumberland County provides an excellent opportunity to grow your business with access to major markets such as the Greater Philadelphia Area, New York Metropolitan, and Baltimore-Washington Metropolitan areas. Giving the region access to over 40 million people within an 8-hour driving distance and 40 percent of the U.S. Population within a day’s drive. Growing in Cumberland County gives you an opportunity as well to global markets. Having access to three international airports (Millville, Philadelphia, and Atlantic City) and shipping ports (Camden, Paulsboro, and Salem) Cumberland County is not only affordable but has thousands of acres of developable space ready for you to locate and grow your business.
New Jersey Property Tax Information
NJCPA_PROPERTY_TAX_GUIDE_BROCHURE_LOW.pdfDeerfield Township Property Tax Information
In New Jersey, municipalities, schools, and counties set their own budgets independent of each other. A common misunderstanding is the township has a say in the school or county budget--we do not. However, by law we must collect all property taxes budgeted by the schools and the county--they do not have their own tax collectors. We must collect in taxes what they tell us to collect.
All property tax money for use by the municipality, the schools, and the county are collected by the municipality through the township Tax Collector. Once collected, the township is required by law to forward the budgeted amount to the schools and county. We cannot withhold their money.
Of the property tax money the township collected in 2020:
the schools received: 62.2%
the county received: 35.3%
the township kept: 2.5%
Of all the property tax money you send to the township, we give 97.5% to other government agencies.
To put it another way, for every $100 of property tax money the township receives, we keep $2.50 for our operations.
That makes us the 4th lowest in the state!!
(The first three towns are all at 0%. Lower Alloways Creek as the nuclear generating station pay all their municipal taxes, Washington Township, Burlington County has the largest amount of state protected land for which they receive a large amount of state money to offset their hosting cost, and Walpack, Sussex County has 11 residents. Deerfield Township is also the only one of those towns that has a part-time career fire/EMS service.)