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East Rutherford
East Rutherford
New Jersey
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East Rutherford is a borough in Bergen County, New Jersey, United States. As of the 2010 United States Census, the borough's population was 8,913, reflecting an increase of 197 (+2.3%) from the 8,716 counted in the 2000 Census, which had in turn increased by 814 (+10.3%) from the 7,902 counted in the 1990 Census. It is an inner-ring suburb of New York City, located 7 miles (11 km) west of Midtown Manhattan. Under the terms of an act of the New Jersey Legislature on April 17, 1889, a portion of the old Union Township was incorporated under the name of Boiling Springs Township. The new township took its name from a spring in the community. On March 28, 1894, the Borough of East Rutherford was created, based on the results of a referendum held the previous day, and Boiling Springs Township was dissolved. While there was no change in its borders, the name and form of government were changed. The borough was the second formed during the "Boroughitis" phenomenon then sweeping through Bergen County, in which 26 boroughs were formed in the county in 1894 alone.East Rutherford is the home of the Meadowlands Sports Complex, which includes Meadowlands Arena and MetLife Stadium, and was previously the location of Giants Stadium. The arena is best known as the longtime home of the New Jersey Nets of the National Basketball Association and the New Jersey Devils of the National Hockey League, and also hosted college basketball, arena football, concerts, and other events. MetLife Stadium is home of the New York Giants and New York Jets of the National Football League (NFL) and hosted Super Bowl XLVIII, which made East Rutherford the smallest city ever to host a Super Bowl. Giants Stadium, which hosted the Giants and Jets until 2009, was also the original home of the New York Red Bulls of Major League Soccer. East Rutherford is the only municipality with fewer than 10,000 residents to have been home to five professional sports teams simultaneously.The borough is also the site of the American Dream Meadowlands project, a large shopping center and entertainment complex under construction that was originally named "Xanadu". If it were to be completed, it would be the second largest mall in the state behind the Westfield Garden State Plaza. Triple Five Group took control of the project in August 2013, but faces lawsuits from the Giants and Jets, who claim that the increased traffic on game days will cause disruptions that violate their agreements with the original developer of the complex.

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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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