- Joined
- Jan 24, 2007
- Posts
- 8,152
I didn’t want to comment on the title either, but it would definitely trigger bloodycelt.
I didn’t want to comment on the title either, but it would definitely trigger bloodycelt.
Nice Crib. In Jersey, that amount of land wouldn't cost 110k in a shit neighborhood. Something like that here would go from $350k-$450k depending on the neighborhood and taxes would be like 8-10k a year.
Dude, I was looking at houses in Atlantic City. Now is the time to buy. You can get a place a few blocks from the beach for like $50k.
Taxes in tri-state area is out of control. NJ is the poster child because it is state-wide. Westchester, NY has the highest property tax in the country. It is a complete rip-off because my town in NJ's property tax is used to fund the shitty schools in Elizabeth. Those schools under-perform because the parents suck, it doesn't matter how much money they pour into it.
My neighbor is a teacher in Elizabeth, he told me they get free iPad/laptops every year, and if the students break them, they just get new ones. Meanwhile, my daughter's school has to do multiple fundraisers just to fix the roof and install air conditioning. My small house is over 12k/year. I can't wait till my kids are done with public schools and I don't have to work in the city. I am moving the hell out of here.
Yea, the whole system here is shit. I'm paying 12k in taxes but I own a two family and live in a city.
You can get a place a few blocks from the beach for like $50k.
400k for that? wtf
Atlantic City Lol. That's like Heroin Capital. No one wants to live there. Should have been more specific. Northern and Central Jersey. Jersey City, Harrison, Newark, Kearny, North Arlington, Verona, Montclair, Millburn, Cranford, Westfield, that area.
You might be able to find a decent one family for maybe $280-$320 in a decent neighborhood. You want something in a really nice neighborhood, forget about it.
Me and the wife have been looking for another home and we've been shopping around for deals but the Market is so high. Really bad time to buy. My realtor just sent me this one. Look at the taxes on it and it needs some serious remodeling.
https://emailrpt.gsmls.com/public/s...2up&Id=154653903_26283&sellstngsysid=#4854046
Over here if you want a beautiful home, nothing crazy, like a nice 4 bedroom home in excellent shape, newer. You are looking at about $500k+. This is why alot of people are moving out of Jersey and going South.
This is a good example
https://www.realtor.com/realestatea..._NJ_07928_M61836-82540?ex=NJ649032562&view=qv
The only reason to pay that much is to utilize the public school, there is literally no incentive to move to a town with crap school districts. Hopefully my town will survive a market crash in the next couple of decades because I predict the next crash will be long and sustained.
Oh my god in heaven. I know the location is apples/oranges...but that's a $160K home here all day, at best...and those taxes! Holy shit!
I thought MA was bad but $12k taxes on a house that is valued at $399 is pretty crazy.
Many years ago I almost took a job in Parissipany, but very glad I didn’t. Fuck NJ.
Housing prices are already past 2008 levels. But this bubble (if you call it that) is not caused by the same thing as 2008's subprime loan/lax lending standards. This bubble is fueled by the Fed's easy money Quantitative Easing policy. Now that the Fed is finally normalizing (raising) interest rates again, we are seeing signs of prices of other assets (equity/bonds) stabilizing.
Those homes would be over $200k easily in an average Tampa neighborhood....
That's called "the sharing economy"They would also be abandoned and used by drug addicts to overdose.
They would also be abandoned and used by drug addicts to overdose.
Atlantic City Lol. That's like Heroin Capital. No one wants to live there. Should have been more specific. Northern and Central Jersey. Jersey City, Harrison, Newark, Kearny, North Arlington, Verona, Montclair, Millburn, Cranford, Westfield, that area.
You might be able to find a decent one family for maybe $280-$320 in a decent neighborhood. You want something in a really nice neighborhood, forget about it.
Me and the wife have been looking for another home and we've been shopping around for deals but the Market is so high. Really bad time to buy. My realtor just sent me this one. Look at the taxes on it and it needs some serious remodeling.
https://emailrpt.gsmls.com/public/s...2up&Id=154653903_26283&sellstngsysid=#4854046
And then they would resemble your house.
The good thing is that around these parts, housing never did rise/pop, not even on high end real estate. $60K house, $600K house, around here none of it skyrocketed during the late 90's, early 2000's surge. In the end, it was good because the bottom really never "dropped out" from housing as there was no false inflation to shed.