• Travel and experiences • Gifts to charities • New cars or boats • Or simply creating more financial breathing room
Instead, it is gone.
A Simple Chart to Visualize the Loss Below is a text based chart that makes these differences clear. Real numbers will vary based on tax year, reassessments, local budgets, and changes in your town. 20 Years ----------------------------------------------------------------------- $8,000 $80,000 $120,000 $160,000 $10,000 $100,000 $150,000 $200,000 $12,000 $120,000 $180,000 $240,000 $15,000 $150,000 $225,000 $300,000 $20,000 $200,000 $300,000 $400,000 Yearly Tax Difference 10 Years 15 Years Even the smallest differences become staggering over time. And these numbers do not even include what that money could have grown into if invested. They are simply the raw totals. When homeowners see this written out, they often pause. Sometimes they get quiet. Sometimes I can tell they are replaying the last ten or twenty years in their mind. Sometimes they ask me to run these numbers for their own town versus a town they have always liked but assumed was out of reach.
I always remind them the same thing. This is not meant to cause regret. This is meant to provide clarity for the future.
How New Jersey Creates These Differences New Jersey is a state filled with variation. Each town funds its
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