Haddonfields residents are facing an uphill battle with their property taxes, and they’re not alone.
According to the latest figures from the city, Henderson County has paid $1.9 million to Palmer House over the last four years.
According the report, Palmer has spent $1,700 on renovations to the building and another $800 on landscaping and landscaping equipment.
The property is currently being managed by the Palmer Group, which has operated the property since 2004.
That’s not all, the Palmers are also leasing out the property to other local businesses, which have paid a combined $1 million in taxes.
While the Palms have managed the property in a relatively clean and orderly manner, the new management has a number of new problems.
The Palmers claim that they’re the “largest commercial tenant” of the property and claim to have “no prior history of problems with property maintenance.”
According to a spokesperson for the Palming Group, the property is “frozen” in the process of being acquired by the city and that the property has “been vacant for more than 20 years.”
The spokesperson added that the Palmings lease is “for the life of the lease, and the Palmeds lease requires a renewal.”
It’s not clear how long the Palmans lease will be.
Haddon has had to take measures to keep the Palmeys properties tax free since it was acquired in 2003.
This has included moving their property out of the county altogether and setting up a new management company, which includes the purchase of the land.
There’s a lot of work to be done to get the property under control, including putting up security cameras and installing traffic lights and traffic cones around the property.
The new management group is now looking to move the property into the city’s community development block and get the Palmes’ taxes paid by October.
The City of Haddon also has plans to lease the property back to Palmers.
If the Palmyns don’t pay their property tax, Haddon is going to have to purchase it from the Palmgates.
The city’s plans are to use proceeds from the sale to “maintain the property for the benefit of residents.”
As a result, Hanchons taxes could skyrocket.