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yeah. well my sister in law just delivered a baby at the hospital in wilmington and it seemed fine. again though, we get a lot for our money here. and all those things help keep property values pretty stable and increasing. look at how parts of the country tanked, and we slowly dropped.
yeah. well my sister in law just delivered a baby at the hospital in wilmington and it seemed fine. again though, we get a lot for our money here. and all those things help keep property values pretty stable and increasing. look at how parts of the country tanked, and we slowly dropped.
Things are coming to a head in New Jersey. $10,000 in property taxes for a middle class home is unacceptable. The housing values are going to start reflecting this soon.
Things are coming to a head in New Jersey. $10,000 in property taxes for a middle class home is unacceptable. The housing values are going to start reflecting this soon.
property taxes in NJ have always been high (let's say the last 20 or so years) - why all of a sudden will housing values reflect this? wouldn't you think we'd have the highest foreclosure rate or be the hardest hit by the housing slump today? why haven't we been as affected as other states? why does NJ has one of the highest homeownership percentages in the country?
my taxes are split our evenly quarterly throughout the calendar year...
do you pay them as part of your mortgage?
eta - but budgets are typically set in july - don't you receive a tax bill then? if it's evenly split, it wouldn't be for the calendar year - it would be for 8/1 through 7/31?
yeah. well my sister in law just delivered a baby at the hospital in wilmington and it seemed fine.
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Quote:
Originally Posted by bradykp
again though, we get a lot for our money here. and all those things help keep property values pretty stable and increasing. look at how parts of the country tanked, and we slowly dropped.
Well ... I'm trying to be optimistic, myself, which is why I haven't taken a purchase in NJ off the table. But some of the tax stories I've heard have been scary. And with the new rules being imposed by CC, there seems to be an element of uncertainty regarding where property taxes are going. I'll probably wait until well into 2011 before I pull any triggers.
Things are coming to a head in New Jersey. $10,000 in property taxes for a middle class home is unacceptable. The housing values are going to start reflecting this soon.
i think the housing values do often reflect it. I live in West Orange with a tax bill of $9,700 for my house. When i was looking, similar homes with lower taxes were pretty much priced accordingly so that in either case, my monthly total payment was about equal.
property taxes in NJ have always been high (let's say the last 20 or so years) - why all of a sudden will housing values reflect this? wouldn't you think we'd have the highest foreclosure rate or be the hardest hit by the housing slump today? why haven't we been as affected as other states? why does NJ has one of the highest homeownership percentages in the country?
and define "high". is it just that taxes are high, or is it that NJ residents pay too much. to me, it's two different things. NJ has a lot of great public schools. One of the best public transportation systems in the country. The state roads for the volume they handle are pretty well maintained (despite many people's gripes, but really, they are), etc. etc. that stuff costs money.
Quote:
Originally Posted by tahiti
do you pay them as part of your mortgage?
eta - but budgets are typically set in july - don't you receive a tax bill then? if it's evenly split, it wouldn't be for the calendar year - it would be for 8/1 through 7/31?
One of the best public transportation systems in the country.
Well, in the northern half of the state, anyway. But as Nexis will advise, more coverage is coming. I for one, hope so, but I know there are many who would rather not have to deal with those subsidies, as long as our gasoline prices are the lowest in the western hemisphere.
Hmm this sounds strange to me. What exactly is the property tax rate in East Orange? Anyone know?
it does sound strange, if you noticed i found a home with an assessed value higher than OP's, and the taxes were $7400 or so. i'm beginning to think OP thinks his QUARTERLY tax bill rises each time and extrapolating that to say they'll be $10K soon. IDK though.
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