Vacant houses not on the market

[Kuron McGraw]

Why would a home owner pay taxes every year for a property thats is vacant? I live in Newark NJ and there are vacant or abandoned properties all over. One in particular on my street and the house is being taken over by the plants and grass. Im confused as to what motivates people to hold on to these types of properties.

[Allan Szlafrok]

Its entirely possible they arent paying taxes on it and liens are being levied by the town against the property. Either they will eventually sell the house and pay off the liens with some of the proceeds or the town will foreclose on it for unpaid taxes and sell it themselves. More than likely to an investor at an auction.