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THL, chk out the ppty taxes in essex county (montclair, south orange, maplewood,..) and you’ll see ppty out of control.
Can we incorporate the Real Housewives into this discussion? Where in New Jersey do they live? Is it all Italian?
snappy, westfield is considered top shelf township in NJ so prices are high. schools are great. tell your friends to look in cranford & scotch plains – both closer to NYC and near / next to westfield. Or tell them to come north to Whippany – best deal in the area (in my opinion). easy access to multiple hi-ways, on NYC train line, super duper schools, low (though not inexpensive) ppty tax,….
Holy Moses, I just looked at some homes online and they’re averaging about 6-9K in ppty taxes.
New Jersey’s tax system is backwards. They give you really low sales tax and put the onus on the homeowners to make up the difference. Stupid.
Thanks Jessi.
yes, forgot about Fairmont
M4L: There is a mortgage recording tax in all of NY State, not just NYC. I’m pretty sure they don’t have it in NJ.
Snappy: when looking in Philly, also consider the Art Museum Area, aka Fairmount.
I have friends looking to buy in Westfield, NJ. The prices are ridiculously high and the taxes are scaring the pants off of them. It’s a beautiful are, but I don’t know that it’s worth that much.
Yeesh! It never came up when we were looking here but I really can’t speak to if there are situations (or even counties) where it would.