Politics & Government

Who Pays the Most Taxes in Ocean City?

Scroll through our list of the Top 10 taxpayers on the island.

The city () and the schools () are finishing work this spring on approving how much they'll ask from Ocean City taxpayers this year.

If there's anything good about a $65 million tax levy, it's that Ocean City has plenty of taxpayers to share the pain. The city has only 11,701 year-round residents but more than 19,000 taxable properties and the of any municipality in New Jersey (according to 2010 data from the state Department of Community Affairs).

And, of course, among Ocean City's taxpayers, some pay more than others. The images above represent the 10 biggest taxpayers in Ocean City based on the combined value of the properties they own. The data is from the city Tax Assessment Office (valid as of 10/1/10). (Click on the arrow at the right of the photo above to scroll through the list.)

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With the most recent combined tax rate (city, schools, county) at about 75 cents per $100 of assessed value, these entities pay between $65,000 and $120,000 annually in local taxes.


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