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Re:A global house-price slump is coming by googlryas on Friday October 21, 2022 @12:19PM (#33289719)
Where do you live in NJ? The average effective property tax rate is 2.470% of the home value. Property taxes would be ~$38k in Gloucester county(across the river from Philly).
Re:A global house-price slump is coming by HarHarVeryFunny on Friday October 21, 2022 @01:30PM (#33290713)
I'm in Ridgewood - Bergen county.
Re:A global house-price slump is coming by exhilaration on Friday October 21, 2022 @03:13PM (#33291937)
Is that the town-assessed value? This [1] shows 2.708% so on $1.2M that would be $32k in taxes, I think something is special about your situation?

https://www.state.nj.us/treasury/taxation/pdf/lpt/gtr/2021ta...