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Newfield
Newfield
New Jersey
1 review
4 out of 5 stars based on 1 ratings
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Newfield is a borough in Gloucester County, New Jersey, United States. As of the 2010 United States Census, the borough's population was 1,553, reflecting a decline of 63 (-3.9%) from the 1,616 counted in the 2000 Census, which had in turn increased by 24 (+1.5%) from the 1,592 counted in the 1990 Census.Newfield was formed as a borough by an act of the New Jersey Legislature on March 8, 1924, from portions of Franklin Township, based on the results of a referendum held on April 1, 1924. In the weeks before the legislature approved the formation of the borough, a group of 240 residents traveled to Trenton by train to lobby on behalf of the creation of an independent municipality. The borough's name derives from its status as a new-field development.

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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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