The Ulster County town of Olive is known for its stunning views, picturesque woodsy landscapes, lovely farmhouses, and desirable proximity to the Ashokan Reservoir. It’s also known for low property taxes. Well, low property taxes is a pretty relative concept when it comes to Ulster County. Compared to other places around the Hudson Valley area on the west side of the Hudson, Olive (including the hamlet of Olivebridge, as well as a handful of other rural hamlets in town) offers a slight bargain. And if you’re looking at houses upstate, the taxes could make or break a real estate deal. Olive is located around the western end of the reservoir and about 2.5 hours from Brooklyn.