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12-17-2008, 09:13 PM
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Senior Member
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Location: Villanova Pa.
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Quote:
Originally Posted by MoorestownResident
So, to answer your question you can get more house for the same money in Montgomery County, PA with less taxes. And that as 10 minutes looking on the net. Sure each house is different with sellers more desperate than others and some areas of CH are cheaper than others but PA gets you more house.
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2008 median home prices 1st Qt. 2008
Chester County(PA)- $297,000
Bucks-(PA) $280,000
Montgomery(PA)- $ 255,000
Burlington-(NJ) $231,000
Gloucester-(NJ) $210,000
Delaware-(PA) $195,000
Camden-(NJ) $191,000
No. Unfortunately you dont get more house for your money in Pa than South Jersey, that thought process is incorrect.
In your examples you are comparing 20 year old houses in Cherry Hill NJ to 75-100 year old house in Cheltenham. That would be like me comparing 20 year old homes in Blue Bell or Gwenydd Valley to 80 year old homes in Pennsauken.
Compare 20 year old houses in Cherry Hill to 20 year old houses in Gweyndd Valley or Lower Merion and you'll see where you get more house for your money. South jersey.
Last edited by rainrock; 12-17-2008 at 09:31 PM..
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12-18-2008, 06:35 AM
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I gave the OP what she wanted, she has a 4 bed 1.5 bath house that was 70-80 years old. I clearly showed you get less house and pay more taxes in CH relative to areas in Montgomery county PA. And the stats mean nothing, it is what you get for the money, not what it costs.
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12-18-2008, 08:41 AM
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Location: Montco PA
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Agree, it is what you get for your money. Which is why it's amazing that an OK home in Cheltenham, which is a nice area but definately past it's prime, and an indirect drive to Center City, is as expensive as a nice home in CH, which is one of South Jersey's trophy communities and a straight shot into CC.
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12-18-2008, 09:19 AM
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Most of the PA burbs are farther away from CC than NJ's burbs which have better road access, which is why NJ is more expensive - L,L,L.
Prices vary in CH, in general terms, CH West is less expensive than CH East. The school system and location are not as good. The town has 80,000 residents.
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12-18-2008, 09:50 AM
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Senior Member
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Location: Villanova Pa.
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Quote:
Originally Posted by MoorestownResident
Most of the PA burbs are farther away from CC than NJ's burbs which have better road access, which is why NJ is more expensive - L,L,L.
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I'll put it in bold this time.Perhaps that will help you, but probably not.
2008 median home prices 1st Qt. 2008
Chester County(PA)- $297,000
Bucks-(PA) $280,000
Montgomery(PA)- $ 255,000
Burlington-(NJ) $231,000
Gloucester-(NJ) $210,000
Delaware-(PA) $195,000
Camden-(NJ) $191,000
Housing values in Montgomery,Chester ,Bucks Counties are 20%-30% higher than South Jersey.Center City is irrelevant. There are more jobs along the 202 corridor than Center City nowadays. South Jersey roads have nothing to do with it, commute to center city has nothing to do with it. The reason home values are more expensive in the PA burbs is that the valleys of West Chester,Malvern, Chesterbrooke, KOP, Plymouth Meeting,Fort Washington,Horsham were turned into professional hubs.
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12-18-2008, 09:53 AM
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[quote=MoorestownResident;6613400]Most of the PA burbs are farther away from CC than NJ's burbs which have better road access, which is why NJ is more expensive - L,L,L.
[quote]
Home prices in the PA burbs are higher. Have been, will continue to be. You are the only one on this board or anywhere else that I've heard say otherwise. I agree - L,L,L. That's what's so amazing. SJ's burbs are closer to Philadelphia, but still cheaper. Easier highway access to the shore and to NYC to boot, but still cheaper. And high property taxes are not a result of being closer to Philadelphia. Neither is NJ's high personal income tax. See, there's 2 things for you to continue to brag about: Compared to PA, NJ has higher property taxes and higher personal income taxes.
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12-18-2008, 09:56 AM
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LMAO
You can't buy anything for 231K in BC or 210K in CC, go shopping tell me what you find. For the last time, the stats include a large concentration of condos, affordable housing and smaller homes. NJ is a high cost of living state and there has to be housing concessions, unlike PA which is a low cost of living state. You get more house for your money in PA. Everybody knows this, especially those in NJ. The reason NJ is more expensive is - better and more central location to Philly, the shore, the NE corridor and NYC. Property taxes are much higher in NJ making housing affordability less.
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12-18-2008, 09:58 AM
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[quote=BPP1999;6613927][quote=MoorestownResident;6613400]Most of the PA burbs are farther away from CC than NJ's burbs which have better road access, which is why NJ is more expensive - L,L,L.
Quote:
Home prices in the PA burbs are higher. Have been, will continue to be. You are the only one on this board or anywhere else that I've heard say otherwise. I agree - L,L,L. That's what's so amazing. SJ's burbs are closer to Philadelphia, but still cheaper. Easier highway access to the shore and to NYC to boot, but still cheaper.
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PA is very affordable relative to NJ. Taxes are lower across the board, state income tax is much less, cost of everything is less except gas because PA has a gas tax. Plus alcohol because you have state stores and there is no competition in PA. Yeah you have big mansions on the Main Line and some other affluent towns in PA but those are the exceptions, not the rule.
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12-18-2008, 10:00 AM
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Senior Member
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Join Date: Jul 2007
Location: Montco PA
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Quote:
Originally Posted by MoorestownResident
LMAO
NJ is a high cost of living state and there has to be housing concessions, unlike PA which is a low cost of living state.
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No one would argue this.
Here's the thing, though. Compared to the rest of PA, SEPA is more expensive (for good or for bad). Compared to the rest of Jersey, SJ is cheaper (for good or for bad).
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12-18-2008, 10:01 AM
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Senior Member
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Location: Villanova Pa.
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Quote:
Originally Posted by MoorestownResident
NJ is a high cost of living state and there has to be housing concessions, unlike PA which is a low cost of living state. You get more house for your money in PA. Everybody knows this, especially those in NJ. The reason NJ is more expensive is - better and more central location to Philly, the shore, the NE corridor and NYC. Property taxes are much higher in NJ.
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You seem to be back to arguing NJ vs Pa and pulling Se Pa vs South Jersey into that mindset.
You have to seperate South Jersey for NJ and SE Pa from PA in regards to this argument.
Its a compltely different ballgame in that context. The numbers flip flop, the data completely changes.
You'll never be able to convince an educated individual that South Jersey is more expensive than the 4 Pa Burbs. The only sustained area in SE Pa burbs that is delinquent is the se portion of Delaware County. Thats only area where South jersey can reign supreme.
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