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Berkeley
Berkeley
New Jersey
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Berkeley Township is a township in Ocean County, New Jersey, United States. As of the 2010 United States Census, the township population had increased to 41,255, reflecting an increase of 1,264 (+3.2%) from the 39,991 counted in the 2000 Census, which had in turn increased by 2,672 (+7.2%) from the 37,319 counted in the 1990 Census. the highest recorded in any decennial census. Berkeley Township was incorporated as a township by an act of the New Jersey Legislature on March 31, 1875, from portions of Dover Township (now Toms River Township). Sections of the township were taken to form Seaside Park (March 3, 1898), Seaside Heights (February 6, 1913), Beachwood (March 22, 1917), Ocean Gate (February 28, 1918) Pine Beach (February 26, 1925), South Toms River (March 28, 1927) and Island Beach (June 23, 1933, reabsorbed into Berkeley Township in 1965). The township was named for John Berkeley, 1st Baron Berkeley of Stratton, one of the founders of the Province of New Jersey.

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Taxes

C

How did New Jersey earn the grade of C? We examined the state taxes based on how age friendly they are. New Jersey has a state sales tax of 6.63%. Of particular interest is that New Jersey does not have taxes on social security. There are estate taxes. There are taxes imposed on inheritance. New Jersey has an effective property tax rate of 2.40%. Weighing these taxes and other taxes most likely to impact the aging population is how New Jersey earned its state tax grade of C.

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