Hoboken road work frenzy!

10/16/2008:

Yikes! This week has been crazy with an overwhelming amount of roadwork happening simultaneously in Hoboken!

Paving, new sidewalks, new sewer lines and more is causing traffic backups pretty much across the city.

I can’t even keep track of what roads are closed and when – but just note that sometime between now and October 22, 2008 – the following streets will be affected in one way or another… See this image for what the city had on their website…

– 4th, 6th and 13th Streets
– Garden and Jefferson Street

See what 411 saw today…

I’ve compiled mini photo galleries and videos of what took place today… see all the rest of them after the jump. “Just like electricity – 411 is there…” (a quote from a friend…)

Jefferson Street Paving (4)

MANY MANY MORE AFTER THE JUMP…

(Hoboken infrastructure improvements, continued…)

6th Street Paving (2)

4th Street Paving (7 + video clip)

Video….

Paving on 4th Street in Hoboken from Hoboken411 on Vimeo.

Garden Street Paving (2)

Bloomfield – Sidewalk work (4)

Newark Street – new sewer line (4)

This new condo near Heart Beat Style is getting a sewer connection…

No Parking – Sunday, Oct. 19 (3)

I have a feeling this has something to do with the 2008 Hoboken Artists Studio tour this Sunday – but no parking around City Hall (like you could anyway) and on Garden near Church Square Park…

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78 Comments on "Hoboken road work frenzy!"


estevens
Member
7 years 8 months ago

Two months after Garden Street was paved, our block (200) was opened up for a gas leak. Now, a few weeks later, the next block up is torn up.

Neighbors had been joking that we should have had an over/under to guess how long our newly paved street would last before the first patch appeared. Turns out we didn’t have to wait very long. Ha!

ron mexico2
Member
ron mexico2
7 years 11 months ago

Rates and assessment practices are different in every town, you cant really compare property taxes on an individual place between Montclair and Hoboken.

You should compare the taxes on that Montclair place to other similar places in Montclair to see if the rate makes sense.

If you lived in a normal town you could request a reassessment.

Doubt that would be a successful tactic in Hoboken

bradykp
Member
bradykp
7 years 11 months ago
[quote comment=”112522″][quote comment=”112514″]ron, i know people aren’t assessed, i used BNR’s because strand used it implying that those are the ones with the cheaper tax. i guess in actuality, it’s just the older buildings that haven’t been updated right? there is a tax rate in hoboken right? what is the property tax rate? isn’t a certain % of your property’s assessed value? they can’t change the rate for some properties can they? i know it’s not that simple, but that’s the starting point at least right?[/quote] The rate on the two places I owned (one new construction, one old) is both 3.4% of assessed value, so I’m assuming that is the going rate (not including PILOTS) I’m guessing they cant change that rate unless they change it for everyone. They could probably change assessed values for individual properties, but I’ve never seen a tax record where the assessment has changed.[/quote] ok, good info. thanks. so basically, $3,400 per $100,000 of assessed value. wow. i was looking at a listing in montclair i think, and i was baffled by the $14,000 property tax for the house that was listed around $550,000. guess i shouldn’t be so baffled! but anyways, so if you had a place taxed at an assessed value of $500,000, say it was assessed when it was built in 2004. now, if you got an appraisal, maybe it would be assessed at $440,000. you can use that to file an appeal with the tax office. i mean, i’m no… Read more »
bradykp
Member
bradykp
7 years 11 months ago
[quote comment=”112518″][quote comment=”112482″][quote comment=”112443″]And you do understand that it is Fannie & Freddie that created many of those MBS structures, right? They own or insure up to half the home loans in America. The investment banks may be half the problem, but the other half is the GSEs.[/quote] i know you’re going to tell me i’m wrong and don’t understand, but the way i understand it – fannie and freddie created a market for the subprime debt, with the deregulation which caused them to say they would purchase these types of loans. the banks are still the ones who decided to make them, sell them, then they were securatized…etc etc. the rating firms rated them highly, when they were riskier than the rating portrayed. i still don’t buy the single point of failure tracing to f&f. i place blame all around.[/quote] Read this: and keep in mind that most of what the GSEs did they did at the behest of Congress. There is plenty of blame to go around, but if Congress had tightened up regulations on the GSEs back during Bush’s first term during that accounting scandal (that happened in 2003 I believe), the bubble never would have inflated to the point it did or exploded as spectacularly as it did. The bubble still would have burst, but it would have been a loud pop instead of a massive bomb going off. http://www.economist.com/finance/displaystory.cfm?story_id=11751139 economist.com/finance/displaystory.cfm?story_id=11751146%5B/quote%5D i’ll read it tomorrow, but there’s a lot of “ifs” to throw around there too.… Read more »
truth1
Member
truth1
7 years 11 months ago

The planning/organization of this paving today caused massive traffic congestion and confusion. It highlights the planning failure of this administration in overspending the budget and causing a massive tax increase. Regarding the reassessment, good practice guidelines call for one every 5 years. The last one was done in 1988. Yes, one has to be done, but due to poor leadership the older homes will suffer greatly in the reevaluation process with potential several thousand dollar increases. Recent ones done in Bergen county caused “Tax Shock”On the other hand, a condo valued at $500K now pays the same as a brownstone worth $1.5 mil. Around $10,000…The elected officials over the years have caused this no-win situation. Meanwhile, the new Public Safety Director who has taken over all street closing permits to coordinate same is responsible for the current street closing mess. Perhaps, he will take a $3000 donation from the contractor with no authority and give it to his Fire Museum, the PAL and the Ragamuffin parade without any proper procedure as he did with a movie being made in the fire museum. Good causes but with no approval and internal controls. Poor judgement or ? By the way, he also may be in violation of the residency ordinance of the City of Hoboken. What the heck, he was appointed by the Mayor! We
:mrgreen: :mrgreen: :mrgreen: We are G

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