Taxes and land value could be a 'here-there' sort of thing. 'Here', anything in WRP or CRP is still assessed the same as if it were not in a program, because NJ doesn't take into account income from the land, just what they think the land is worth. So if it makes $50 or $5000 an acre, taxes are the same. I've not had experience with WRP. CRP transfers when the land is sold, and it may not lower the value. The new owner can just simply wait out the contract term. There is a farm near here that just did that. The developer who bought it did so 8 years ago when the market was 'hot', and sat on the CRP until it expired last year. . . but in the process hosed himself because land values have deflated due to the new housing market going bust . . . so he has leased it out to a nearby farmer waiting for things to improve. Now, if you go into something more permanent, like a CREP program for reforestation or something to that effect, it may very well devalue the property.
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Today's Featured Article - Usin Your Implements: Bucket Loader - by Curtis Von Fange. Introduction: Dad was raised during the depression years of the thirties. As a kid he worked part time on a farm in Kansas doing many of the manual chores. Some of the more successful farmers of that day had a new time saving device called a tractor. It increased the farm productivity and, in general, made life easier because more work could be done with this 'mechanical beast'. My dad dreamed that some day he would have his own tractor with every implement he could get. When he rea
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