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02-22-2008, 07:52 AM
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Junior Member
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Join Date: Sep 2007
9 posts, read 16,204 times
Reputation: 10
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Towns in Monmouth county with low property taxes
I am planning to buy a house in Mounmouth county. However since I am not planning to have kids for a while, the availability of good schools is not important to me. I am looking for a great town (clean, neat, with easy access to major highways,...), but I do not want to pay the taxes towns like Holmdel or Howel demand (I've seen great houses within my budget, but taxes are above $10k/year in many cases for a house worth less than $500k!).
Many thanks for your guidance!
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02-22-2008, 08:12 AM
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Senior Member
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Join Date: Dec 2007
Location: Burlington County NJ
1,391 posts, read 1,176,148 times
Reputation: 551
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What would you consider low property taxes? Monmouth County is expensive no matter which way you slice the pie. Can you give us some more info on where you'll be commuting to?
If your looking near the Howell area you can look in Farmingdale. Englishtown as well.
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02-26-2008, 02:49 PM
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Member
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Join Date: Feb 2008
Location: Voorhees, NJ
38 posts, read 36,787 times
Reputation: 16
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There is NO such thing as LOW property tax in NJ. You will be paying RIDICULOUS money for property tax no matter where you live. Some towns may be better, but every homeowner in this state is getting RIPPED OFF!  |
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02-26-2008, 03:13 PM
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Senior Member
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Join Date: Jan 2008
951 posts, read 742,927 times
Reputation: 238
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Maybe an Eatontown, Tinton Falls, Red Bank would be lower then say a Holmdel or Colts Neck...
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02-26-2008, 03:16 PM
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Not a member
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Join Date: Sep 2007
Location: Atlantic Highlands NJ/Ponte Vedra FL/NYC
2,693 posts
Reputation: 328
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Quote:
Originally Posted by b75
Maybe an Eatontown, Tinton Falls, Red Bank would be lower then say a Holmdel or Colts Neck...
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why??????? |
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02-26-2008, 03:21 PM
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Senior Member
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Join Date: Jan 2008
951 posts, read 742,927 times
Reputation: 238
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Ummm why? B/c the taxes in those towns tend to be lower then a Holmdel or a or a Colt's Neck that's why....@@
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02-26-2008, 04:30 PM
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Not a member
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Join Date: Sep 2007
Location: Atlantic Highlands NJ/Ponte Vedra FL/NYC
2,693 posts
Reputation: 328
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Quote:
Originally Posted by b75
Ummm why? B/c the taxes in those towns tend to be lower then a Holmdel or a or a Colt's Neck that's why....@@
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guess again, the more affluent towns usually have a lower tax rate because the home values are higher |
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02-26-2008, 04:32 PM
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Senior Member
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Join Date: Jan 2008
951 posts, read 742,927 times
Reputation: 238
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Really so the taxes in Colts Neck are lower then Eatontown? That's news...
Quote:
Originally Posted by apvbguy
guess again, the more affluent towns usually have a lower tax rate because the home values are higher
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02-26-2008, 05:42 PM
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Not a member
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Join Date: Sep 2007
Location: Atlantic Highlands NJ/Ponte Vedra FL/NYC
2,693 posts
Reputation: 328
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Quote:
Originally Posted by b75
Really so the taxes in Colts Neck are lower then Eatontown? That's news...
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the tax rate is, if you have a house worth 500k in eatontown and a house worth 500k in colts neck the house in colts neck would have slightly lower taxes, granted a 500k house in etown might be larger than a 500k house is in CN but it's about tax rates, not house values |
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02-26-2008, 05:50 PM
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Senior Member
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Join Date: Jan 2008
951 posts, read 742,927 times
Reputation: 238
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I know people who have had to sell their homes in Colts Neck due to the taxes ($20+K/year) and I've never heard of that problem in say an Eatontown. I'll grant you I don't know the specific statistics re: the tax rates. I just know from a real life perspective what is out there to buy and the diversity available in an Eatontown is much better then a Colts Neck or a Holmdel, if you are not concerned about school district that is.
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