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Property taxes

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  • #16
    Originally posted by jonidb View Post
    Gee, seems like everyone's property taxes are far better than mine. I'm in North NJ where it's ridiculous. House value $550.00, which would be $250 somewhere else. It's a simple split level home built in the 1960s. Property taxes $13,000. annually. I'll swap with anyone on the board.
    We are in South Jersey and our taxes are high too.

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    • #17
      Originally posted by macher View Post
      We are in South Jersey and our taxes are high too.
      I'm in Central Jersey and I'm hoping to find a place with taxes around 5000/year.

      My friend just told me he's trying to move because his taxes are 25000/year!

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      • #18
        Originally posted by iliketosavemoney View Post
        I'm in Central Jersey and I'm hoping to find a place with taxes around 5000/year.

        My friend just told me he's trying to move because his taxes are 25000/year!
        As I said we live in NJ. Lots of people moving because of high taxes and if you commute to Phillly for work like I do that adds $25/week for bridge tolls. Add $1300/year for bridge tolls to our $7,000 a year taxes that makes it $8300/year.

        We are originally from Philly and seriously thinking about moving back. Lots of areas are reviving. Taxes would be 80% of taxes in NJ. Even though Philly had a recent assessment taxes in nice neighborhoods will go up $2,000 tops.

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        • #19
          Gotta love the fact that you never actually own your property...you are doing nothing but renting it.

          Another reason I rent an apartment. Where I live for a $300k home taxes would be approx $3500/year. No thanks.

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          • #20
            Originally posted by rennigade View Post
            Gotta love the fact that you never actually own your property...you are doing nothing but renting it.

            Another reason I rent an apartment. Where I live for a $300k home taxes would be approx $3500/year. No thanks.
            That's IT?

            I looked at the assessor's website for most of the houses on one block in the neighborhood I'm considering, and the houses are assessed at ~129k to ~159k, and property taxes are ~2800 - ~3575, respectively. It hurts to know that I could have a PAID OFF house, and still be paying approx half what I'm paying now in rent. This is a street they don't pave all that well in the snow. But at least the water tastes good...

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            • #21
              I don't know how people do it. If I already pay 13,000, and it goes up each year. It's a small salary. It' absolutely crazy!! Although it certainly helps when I'm doing my year end taxes and when I put that number in, it brings my taxes way down. If I don't owe, I usually get some back.

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              • #22
                From SW Florida....

                $2,400 on 116k Assessed.

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