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Updated over 6 years ago on . Most recent reply

Meshael Eady's profile image
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Meshael Eady
  • Rental Property Investor
  • from Brooklyn, NY
  • Member since Jan 5, 2018
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Meshael Eady's profile image
Meshael Eady's profile image
Meshael Eady
  • Rental Property Investor
  • from Brooklyn, NY
  • Member since Jan 5, 2018
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Meshael Eady
  • Rental Property Investor
  • Brooklyn, NY
31
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75
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Real Estate Deal Analysis & Advice

New Jersey property taxes.

Meshael Eady
  • Rental Property Investor
  • Brooklyn, NY
Posted
Why are NJ property taxes so damn high? Where is the sweet spot or should i just keep going south?
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Ibrahim Hughes's profile image
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Ibrahim Hughes
  • Real Estate Consultant
  • from Bloomfield, NJ
  • Member since Apr 29, 2010
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Ibrahim Hughes's profile image
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Ibrahim Hughes
  • Real Estate Consultant
  • from Bloomfield, NJ
  • Member since Apr 29, 2010
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Ibrahim Hughes
  • Real Estate Consultant
  • Bloomfield, NJ
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Ibrahim Hughes
  • Real Estate Consultant
  • Bloomfield, NJ
Replied

both Newark and Irvington are hot areas. Newark obviously much better than Irvington. Irvington doesn't have really any industry and therefore  has the highest property taxes (I believe) for any  urban area in New Jersey. 

And New Jersey's property taxes are also High because of the number of school districts we have in this state. Compared to Maryland which is a small  densely populated state. But only has about 62  school districts while New Jersey has around 662.

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