North Caldwell Municipal Budget Has $47 Tax Increase For Homeowners

NORTH CALDWELL, NJ — North Caldwell property owners will see a modest tax increase under the 2017 municipal budget, which was approved earlier this month.

The average North Caldwell homeowner with a property assessed at $682,891 will see a tax hike of $47, although the municipal tax bill only comprises about 17 percent of a local property owner’s taxes and doesn’t include the county and school portions, borough administrators said during a March public budget hearing.

During the hearing, CFO Richard Mondelli said that the municipal operating budget represented a 1.82 percent increase from last year, and came in under the 2 percent cap levy mandated by the state.

Capital budget plans include:

• Replacing headquarters doors and bathrooms at the police department, as well as a radio system upgrade
• The replacement of firefighter gear (including old pagers and a master stream nozzle on Engine 6)
• Street work on Ferndale Road, Hickory Road and Timber Drive
• An upgrade to the municipal baby pool
• Renovations to the turf at Liberty Field

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