• Well regarded school systems • Attractive lifestyle features • Long term appreciation potential
This does not mean every low effective tax town is perfect, but it does suggest that the relationship between taxes and value deserves closer attention.
Comparing Some Real New Jersey Patterns
Please note: The exact numbers shift yearly, but the patterns are consistent.
Paramus Taxes: Moderate Home prices: High Value: Excellent Why: Massive commercial base
Upper Saddle River Taxes: Moderate to high Home prices: High Value: Strong Why: Great schools, large lots, stable population, strong demand Mahwah Taxes: Often moderate Home prices: Moderate to high Value: Very strong Why: Balanced tax structure, diverse types of housing, strong amenities Maplewood, Montclair, Glen Ridge Taxes: High Home prices: High Value: Strong if you love walkability, culture, and transit access
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