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NJ real estate tax

Bride908 Posted:

NJ real estate tax

Does anyone own a home in NJ or may be familiar with NJ real estate tax?

Me and DH are exploring our options and would like to know more about it. From what Im hearing tax is about 3% of your homes equity?
lillprincess54 Posted:

Re: NJ real estate tax

i am not sure if this is what you are talking about


the only tax that i can think of is when you are selling a home in nj the seller has a almost 1% fee they have to pay to NJ, But the buyer doesnt have to pay any kind of tax
Bride908 Posted:

Re: NJ real estate tax

OK I def. worded that wrong lol. I meant property taxes. When you own a home what your taxes are.

lillprincess54 Posted:

Re: NJ real estate tax

ooo thats ok,


each town is different for property taxes, I live in Camden County , our house in 1800 sq ft and our lot is 1/4 of an acre and our taxes are $5100 a year. Thats less then 3% we bought our house 2 years ago for $219k

Unfornately i know in my area the taxes vary, we have friends that live in flanders NJ and there house in almost the same size if not a tab bigger and her lot in much smaller then mine and she pays almost $8k for taxes


if you are looking online at NJ most of the websites show you the property taxes


sorry there isnt a definate aqnswer
ChristineAaron08 Posted:

Re: NJ real estate tax

my nassau prop has it for nassau. Maybe NJ has one too.

Bride908 Posted:

Re: NJ real estate tax

Monmouth County, Old Bridge which I think is in Middlesex

Jenn04 Posted:

Re: NJ real estate tax

I live in Bergen County, near the city and have a postage stamp backyard. Taxes are ridic...$9K

Bride908 Posted:

Re: NJ real estate tax


Posted by lillprincess54

ooo thats ok,


each town is different for property taxes, I live in Camden County , our house in 1800 sq ft and our lot is 1/4 of an acre and our taxes are $5100 a year. Thats less then 3% we bought our house 2 years ago for $219k

Unfornately i know in my area the taxes vary, we have friends that live in flanders NJ and there house in almost the same size if not a tab bigger and her lot in much smaller then mine and she pays almost $8k for taxes


if you are looking online at NJ most of the websites show you the property taxes


sorry there isnt a definate aqnswer



Someone in my office just told me he lives in Ridgefield and pays $20,000 for his $600,000 home.
lillprincess54 Posted:

Re: NJ real estate tax

my boss pays about $10k for his $500,000 home,

he lives in the next county over
Mici n KC Posted:

Re: NJ real estate tax

My aunt and uncle live in I think Bergen county. It's the one where all the stores are closed on Sundays. They pay just under $7k in taxes and they have a small home.

Bride908 Posted:

Re: NJ real estate tax


Posted by lillprincess54

my boss pays about $10k for his $500,000 home,

he lives in the next county over



do you know of any websites that include the tax? All the ones Im looking at dont show it.

Thanks
lillprincess54 Posted:

Re: NJ real estate tax


Posted by Bride908


Posted by lillprincess54

my boss pays about $10k for his $500,000 home,

he lives in the next county over



do you know of any websites that include the tax? All the ones Im looking at dont show it.

Thanks



i think remax.com or realtor.com



ETA: i think you have to sign up on remax for them to give you the taxes


MnM52607 Posted:

Re: NJ real estate tax

I live in Middlesex County and the taxes are between 6,000-7,000

Bride908 Posted:

Re: NJ real estate tax


Posted by MnM52607

I live in Middlesex County and the taxes are between 6,000-7,000



so are all taxes in Middlesex based on the same rate? If so do you mind telling me what that might be?

thanks

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