Why: Older infrastructure, limited commercial revenue, high demand West Orange Taxes: High to moderate Home prices: Moderate to high Value: Mixed Why: Large town, older infrastructure, many neighborhoods with different profiles There is no “perfect town.” But we can find the town that best fits your lifestyle priorities and financial goals.
How This Affects Your Long Term Wealth
Let us say you stay in a high tax town because you love it. If it is truly your ideal place to live and it supports your lifestyle, then your taxes may be worth paying because the non-financial return is high. But if your town is simply the place you settled in years ago and you have never revisited the numbers, you might be losing tens of thousands of dollars a year for no reason other than habit. When I work with homeowners who start comparing towns, a few thoughts always seem to pop up:
• “I had no idea taxes varied this much.” • “Why have I never looked into this before.”
• “How is it possible that the nicer town has lower taxes.” • “Wait… I can get more house and pay less every month.” Those reactions come not from sales pressure but from simple math.
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