My son just moved from New Jersey to Maryland for job reasons. The taxes on his $300,000 house in New Jersey were $14,800 per year. When they moved there in 2012 they were ~$&,000. The taxes on his $520,000 house in Maryland are $7,740 a year. The population of New Jersey is ~8.7 million people the population of Maryland is ~6.0 million people. Why such a drastic difference in tax amounts? He’s actually only paying about $300 more per month for a nicer, bigger, newer house with more property that cost him $220,000 more? What is New Jersey doing with all that property tax $$$?
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Schools. New Jersey has AWESOME schools. Just kidding. The politicians are sucking it dry
Its for the roads,...somebody has to fix those potholes. Shovel ready.
Ha!!! Did the same math for a couple of my friends one them lives in Oswego IL and the other Valparaiso IN. Sim demos similar school ratings 15K+ taxes for a 300k house in IL and 6K taxes for a 600K house in IN. Where does the money go? It's call money laundering, plain and simple. And that's only property taxes.
Perhaps the recipient of the stolen election Governor Murphy could assist you with that question
Kek
Poor money management or corruption. Either one doesn't speak well for NJ.
Good question. Something we should have been holding them accountable for years ago.
Teacher unions and school construction (constantly going on).
You pay for the powers that be to live that rich life. Why would anyone want to live in New Jersey anyway?
NJ is mafia hub...
lining their bank accounts and pockets.
Scum that work in DC live in maryland... and THEY don't want hight taxes.... they just want YOU to have high taxes.