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Updated over 9 years ago on . Most recent reply

Diana Tian's profile image
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Diana Tian
  • Real Estate Agent
  • from Jersey City, NJ
  • Member since Sep 6, 2014
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Diana Tian's profile image
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Diana Tian
  • Real Estate Agent
  • from Jersey City, NJ
  • Member since Sep 6, 2014
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Diana Tian
  • Real Estate Agent
  • Jersey City, NJ
50
Votes |
218
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General Real Estate Investing

High Property Tax

Diana Tian
  • Real Estate Agent
  • Jersey City, NJ
Posted

we have high property tax in New Jersey, especially taxes I am looking at. for example, the house i am interested now, is priced at $350k and property tax is $9,500~ it is usual in the neighborhood...except for high monthly expenses, what else does high property tax mean for buy and hold investors?

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Denise Stanford's profile image
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Denise Stanford
  • Real Estate Broker
  • from Northern, NJ
  • Member since May 26, 2014
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Denise Stanford's profile image
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Denise Stanford
  • Real Estate Broker
  • from Northern, NJ
  • Member since May 26, 2014
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Denise Stanford
  • Real Estate Broker
  • Northern, NJ
15
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Denise Stanford
  • Real Estate Broker
  • Northern, NJ
Replied

Consider tax appeals.  Several NJ lawyers specialize in this area and are paid based upon the successful appeal. 

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