Residents of Brick Township who dine, shop in town to get property tax break
BRICK TOWNSHIP - Residents of Brick Township who shop and dine in town could soon see relief on their tax bill.
River Rock Restaurant is among the businesses that have agreed to be part of an initiative expected to start in August or September.
Under the program, Brick homeowners who spend money at participating businesses will get a small credit on their third-quarter property tax bill.
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Mayor John Ducey says it's a win for taxpayers and a way to help boost local sales. "For restaurants, it'll be about 10 percent. So, if you go out and buy a $100 meal, you end up having $10 off your third-quarter taxes," he says. "So when you add that up after a full year it could equal out to a lot of money."
Each business decides what percentage will be credited to the customer.
The Township Council just awarded a company from Marlboro the contract to produce the membership cards and run the program.