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DeMarco: Personal Profit Not My Motive
Tax Software A multimillionaire and one of Burlington County's largest private landowners, J. Garfield DeMarco dismisses with a wave of his hand claims that he's out to make money off the new Seneca High School in neighboring Tabernacle. Opponents of building Seneca long have suggested that DeMarco stands to gain financially because having a new school nearby will increase the value of his property, most of which stretches across Woodland.
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Software Tax DeMarco owns or helps control about 75 acres in the last buildable areas of Chatsworth, a village that serves as Woodland's center, and in other small pockets of the township, a Courier-Post analysis of property records found. DeMarco said the estimate sounded high to him, but he also said "maybe" it's accurate.
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Every Landlord Tax Deduction DeMarco's land, like all property in Woodland, has risen in value - and will continue rising - because of the township's admission into the Lenape Regional High School District in 1996.
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Tax Help And land values in the township likely will rise even higher once Woodland's 58 high school students begin attending Seneca 10 miles away in the fall of 2003.
Most sole proprietors add a Schedule C "Profit or Loss from Business" form to their personal tax returns, EZ, "Net Profit from Business." In addition, a sole proprietor must pay both the employer and employee side of Social Security and Medicare taxes using Form SE, " Employment Tax." These taxes total 15.3 percent of net business income, or the business income after all business expenses have been subtracted.
Help Tax But DeMarco said he has no plan for any major development of his properties in Chatsworth.
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Ernst Ernst Guide Guide Tax "We have some scattered lots in the middle of town," DeMarco said. "But as far as company-owned land that's usable, it's very small."
Tax Return Compared to his vast holdings, that's true. The Courier-Post identified 9,407 acres in Woodland, Hammonton, Tabernacle and Medford that DeMarco controlled personally or through A.R. DeMarco Enterprises as of 2001.
Return Tax Of that land, he owned 8,748 acres in Woodland, making him the township's largest private landowner, according to computerized state records. But most of DeMarco's land in the township is locked away from development by highly restrictive Pinelands zoning.
Guide Guide Master Master Tax DeMarco, who is unmarried, has been the political power broker driving the Republican Party's success in Burlington County over the past 30 years.
Tax Preparation DeMarco mused in a recent two-hour interview about his landholdings and his involvement in the battle over building Seneca.
Preparation Tax He requested that the interview take place at his favorite haunt, a back room at the Maplewood Inn in Hammonton, where he also owns a Victorian mansion.
Employer Tax Guide DeMarco said it has been his goal, and that of most Woodland residents, since the 1960s to improve the education of Chatsworth students by having them attend the Lenape district.
Tax Services DeMarco helped engineer Woodland's entry into the Lenape district in 1996. A year later, he created a political action committee to lobby voters in the Lenape district's eight towns to approve a $68.7 million bond referendum to build Seneca and expand Cherokee High School in Evesham.
Services Tax The DeMarco family, which includes Garfield and a brother and sister, owns A.R. DeMarco Enterprises, a longtime cranberry growing business started by their father, who died in an automobile accident in 1964.
Master Tax Guide DeMarco has said he owns at least 12 homes in Woodland.
Tax Attorney He controls his properties either under his own name, as president of A.R. DeMarco Enterprises; with his siblings; or as holder of tax sale certificates.
Attorney Tax A Courier-Post examination of thousands of computerized and paper property records, as well as scores of land transactions stretching to the 1970s, shows that DeMarco and his older brother, Mark, own property in the few remaining developable areas of Woodland, but in relatively small amounts.
Guide Law Tax It's nearly impossible to pinpoint with certainty all DeMarco property because he, the business and his family have owned and sold so much over the years stretching to the 1940s.
Tax Accountant Their holdings often dip in and out of zoning boundaries between developable and protected areas. Land sizes on local tax maps sometimes conflict with acreage on records supplied by the state. Further, DeMarco holds some lots that are obviously too small to build on.
Accountant Tax One of the company's prime holdings in town is an 11.29- acre parcel zoned light industrial tucked off Chatsworth's main street, according to township tax maps. The building on the ground was once used for blueberry processing but is vacant except for some storage, DeMarco said.
Circular Employer Tax Guide Records on file with Burlington County show few land transactions tied to DeMarco in recent years.
Income Tax Mayor Robert DePetris, who works at the Burlington County Bridge Commission, where DeMarco is chairman, said he did not see any evidence DeMarco was looking to cash in on Woodland's rising land values.
Us Master Tax Guide Most of the activity has involved Mark DeMarco, who has cashed in on Woodland's mini land boom. Since Lenape voters approved the Seneca project in a 1997 referendum, Mark DeMarco has sold off almost $100,000 in vacant land that he often paid, literally, dollars for in tax sales and from estates, records show.
Property Tax Mark DeMarco, a partner in A.R. DeMarco Enterprises, holds most of his lots in what's known on tax records as the Savoy Lots and Gardens area of Chatsworth.
Irs Tax Form Mark DeMarco, 70, did not return messages, including two messages left with his son. As of late 2001, he owned or held tax liens on about 100 acres scattered on about as many lots in a section of the township zoned for single- family homes.
Form Irs Tax Again, some of those lots are too small to build on under current zoning.
Tax Guide For Trader Records on file with Burlington County show that sometimes he paid as little as $1 to $12 for a single lot during tax lien sales.
Online Tax Savoy Gardens is in the Chatsworth section, which has a fire station and only a few businesses such as Buzby's, a general store owned by Barnegat Light Press Inc.
Guide Tax Garfield DeMarco also quickly discounts that he hoped the Seneca project would help his brother's land increase in value.
Tax Deduction The two brothers have "limited contact," DeMarco said. They meet infrequently for business centered on A.R. DeMarco Enterprises, he said.
Deduction Tax Their sister, Anna Papinchak, is the third owner, but lives near Seattle.
Guide Master Tax Us For his part, Garfield DeMarco has not needed to sell land. Though most of his land holdings are restricted from development by Pinelands zoning, he has learned to profit from the reserve.
Sales Tax DeMarco has agreed to deed-restrict thousands of acres of his land, preventing it from ever being developed. In return, A.R. DeMarco Enterprises has received $7.2 million through the sale of Pinelands Development Credits both to the state and private developers, according to Pinelands Commission records.
Federal Guide Tax PDCs, as they are known, are a method of compensating landowners in the Pinelands preservation areas for a loss in land value since they can't build on the land or use it for business.
Federal Income Tax Developers buy the PDCs to build in less-restricted Pinelands areas. DeMarco has privately sold $1.6 million in PDCs.
The Real Estate Investor Tax But he's made the core of his money off the state, to which he has sold $5.6 million in PDCs through the Pinelands Commission's Special Purchase Program.
State Tax Those credits have been "retired;" they can't go toward development.
Ernst Young Tax Guide The program was indeed special for DeMarco - about 98 percent of all the money used by the program to compensate landowners has gone to him, according to the most recent accounting available from the Pinelands Commission.
Federal Tax Form DeMarco's land in protected areas of the Pinelands lost value as a result of the Pinelands Preservation Act. Most of it is locked into some of the most restrictive Pinelands zones, the Pinelands Preservation or Special Agricultural Production areas. Virtually no building is allowed there.
Federal Form Tax DeMarco, a cranberry grower, has been battered by a steep slide in cranberry prices. The price per barrel has fallen from $47.70 in 1991 to $10.90 in 1999.
Free Tax Filing In the end, even some of his biggest enemies doubt that DeMarco became involved with Lenape to increase the value of his land.
Filing Free Tax "You're off on the wrong track," said Marvin Matlack, a one-time political foe from Woodland.
Employer Guide Tax "Through the years I've known Garfield, it's not about money ... that school was about one thing - power. This basically is about power."
Online Tax Form For his part, DeMarco turns 64 next month and says he's had enough of big political functions, preferring to work quietly most days in a Victorian mansion that serves as the office for his business.
Form Online Tax "I'm there if they want me," he said, "but I'm happy to be out of the Sturm and stress of politics."
Income Tax Guide By Frank Kummer
Courier-Post - 6/11/2002
Topic: Pinelands
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