Low property taxes outside NJ? Think again

Watch the rest of the country catch up in real time, from Wallethub:


Real-Estate-Tax--2007-2013-animated

Source: WalletHub
This entry was posted in New Jersey Real Estate, Property Taxes. Bookmark the permalink.

116 Responses to Low property taxes outside NJ? Think again

  1. leftwing says:

    Haha first.

  2. Ottoman says:

    According to this map New Jersey, in solid Blue, has the smallest tax rate.

  3. yome says:

    Happy beerday! The guy that did this map must been drinking

  4. leftwing says:

    Nice start. Red meat for pumpkin all day I presume….

    Issue for me is not necessarily rate but absolute tax relative to income.

    Someone posted incomes the other day for Bergen, outlier NJ county, and rest of country. Don’t have the exact numbers but basically outlier NJ county income was 20% higher than ROC and Bergen may have been 50% higher than ROC.

    House prices and taxes are multiples higher.

    That math just doesn’t work.

  5. leftwing says:

    It’s the same math that makes someone earning $250k a ‘millionaire’ in the Fed’s eyes.

    ROC, yes.

    Here, middle class.

  6. yome says:

    To quote Nom
    Good one. Thanks for the Laugh.
    I have friends in Ca paying 1/3 of what I Am paying.Their homes price is almost double. Difference is their homes dont get reassesed until it is sold again. Rates dont mean anything if you can be reassesed each time there is a price gain.

  7. anon (the good one) says:

    Uhm… you sure? Title of map reads “change” 07-13

    maybe the smallest change, but not necessarily the smallest tax rate

    Ottoman says:
    April 7, 2015 at 7:06 am
    According to this map New Jersey, in solid Blue, has the smallest tax rate.

  8. Fast Eddie says:

    Sure, it’s justified, it’s warranted, it’s different her. We’re prestigious and insulated. Throw a dart at any page in the playbook and it will fit the argument.

  9. anon (the good one) says:

    @Mets: Bartolo Colon delivers and we are underway for the final time this spring from Tradition Field. #Mets

  10. Comrade Nom Deplume, the loan snark says:

    [6] yome,

    It makes sense that Cali has lower rates on property taxes. They have higher income tax rates, water and sewer district fees that are generally higher, high gas taxes, other taxes, and a different overall structure for revenue-sharing.

    That doesn’t mean your friend’s tax/cost burden is lower. It’s probably higher.

    Also, state to state comparisons are the ultimate exercise in “comparing apples to oranges”. So much is dependent on the overall attributes of the state such as location, geography, demographics, economy, and other factors. And while we make much of it, politics(red vs blue) is rarely a significant factor.

  11. Libturd in the City says:

    The only reason NJ’s property tax growth rate is smaller than most is that it can’t possibly go much higher. At some point, the levy breaks and I would venture to say that even our local politicians know this.

    Did everyone see that NJ Transit is raising ticket prices again? They are already the most expensive transit system by passenger mile in the country. Good old New Jersey. Home of 100K per year kindergarten teacher and firefighter. I can’t wait to get the fukc out.

  12. yome says:

    Nom
    You are right if you look at the whole picture. My comment was about the tax rate. Click on the picture and you will find NJ still pays the highest in the nation.
    Regards to water,sewer gas taxes. Yes they are higher but this you can conserve and not pay the high amount. Not in NJ. They want the full amount

  13. yome says:

    Hawaii lowest average property tax in the nation at $482 compare to NJ $3971. How much more expensive is Real Estate in Hawaii?

  14. Liquor Luge says:

    Lies, damned lies and statistics.

  15. yome says:

    If the state legislature adopts the Property Tax Independence Act, Pennsylvania would join Hawaii as the only states that don’t rely on property taxes to partially fund education.

    A review of education funding methods for all 50 states reveals all but Hawaii rely on real estate taxes to some extent to fund public schools, but to what extent varies by state.

    Hawaii is unique because it has a single, statewide school district. And a constitutional amendment limits increases in Hawaii’s spending on education to match economic growth in personal income.

    All education funding there comes from the state’s general fund, which relies on sales, personal income and corporate income taxes, and such special taxes as inheritance, liquor and use taxes, and license fees.

    Pennsylvania, on the other hand, has for decades allowed school districts to tax real estate and improvements at whatever rates local school boards set in order to supplement state and federal education funding and achieve their budgetary needs.

    http://www.timesleader.com/news/local-news/1128843/School-funding-varies-by-state

  16. Toxic Crayons says:

    Bat habitat stalls Andover train station

    Posted: Apr 07, 2015 12:36 AM EDT

    Updated: Apr 07, 2015 12:36 AM EDT

    Photo by Tracy Klimek / New Jersey Herald — Surveyor’s ribbons mark the planned location of a train station in Andover Township on Roseville Road.
    Photo by Tracy Klimek / New Jersey Herald — Surveyor’s ribbons mark the planned location of a train station in Andover Township on Roseville Road.

    By BRUCE A. SCRUTON
    bscruton@njherald.com

    ANDOVER TOWNSHIP — With an April 1 “no work” date now in the rear-view mirror, NJ Transit will see a fourth year of little construction on the Lackawanna Cutoff and the new Roseville Station.

    Federal regulations say the woodlands can’t be cleared after April 1 because two species of bats are known to roost in trees and they are coming out of hibernation now. The species, Indiana and long-eared brown bats, are on the federal protected species list and their habitat can’t be disturbed until Nov. 15.

    Also contributing to the delay are environmental regulations for wetlands along part of the route even though the state Department of Environmental Protection was involved in initial planning and gave its approval. The department changed classifications of some streams since the project began, causing further delays as plans, and the DEP, changed direction.

    Construction couldn’t begin without DEP permits, meaning there could be no formal timetable to seek contracts to begin construction, even though funds for the work are available.

    NJ Transit said late last week it was advised by the state DEP on March 27 “that conditional permits have been issued,” and the transit authority is “currently reviewing those permits for the impact on our budget and schedule.”

    Tom Drabic, principal transportation planner for Sussex County, said NJ Transit says it will ask for bids on parts of the work in late spring with contracts awarded in the fall.

    The area where the Roseville Road station is to be built was still wooded on Friday, although survey ribbons were visible.

    NJ Transit began to lay track work on the 7.3-mile extension from Port Morris to Andover in 2011.

    Endangered Bats

    The Indiana bat has been on the federal endangered list for several years and last week, the U.S. Fish and Wildlife Service listed the long-eared brown bat as a threatened species.

    The Nov. 15-April 1 dates are when the animals are usually in hibernation in local caves and mines. In the spring, the males will usually pick a season-long roosting area while females chose other group sites where they raise their pups.

    The federal regulations prohibit unauthorized “take” of listed wildlife by killing, wounding, harming or harassing a species. Because bats would be sleeping in the daytime, cutting trees creates a risk of, at a minimum, harassing the small mammals.

    The brown bat’s population has dropped by more than 90 percent in this region because of white-nose syndrome, a fungus which attacks the bats while they are hibernating.

    The bat was only listed as threatened since in some parts of its range, white-nose has not appeared in the caves where they hibernate.

    Asked for the status of the entire project, William Smith, senior public information officer for NJ Transit, confirmed receipt of notice from NJDEP last week and wrote in an e-mail that planning is ongoing for the remaining parts of the project.

    As to the station, Smith said, “Most of the design has been completed, but we do not yet have a date to advertise the project for bid.”

    Planning

    Tunnel Work

    He gave a similar answer when asked about the Roseville Tunnel in Byram, a major project along the 7.3-mile route between the new station and the existing NJ Transit line in Port Morris.

    The tunnel is just over 1,000 feet long and, since its completion early last century, has been plagued by falling rocks inside and in the cuts into the hillside on both sides of the two-track-wide tunnel.

    In the days when the Lackawanna Cutoff was a busy freight and passenger rail line connecting Pennsylvania and New Jersey, railroad personnel would walk through the tunnel before any trains approached, looking for

    fallen rocks.

    Later, a rock slide detection system was installed.

    Smith wrote that “the scope of the tunnel rehabilitation has not yet been finalized. Until that takes place, all of the other elements (bids, cost, completion date) remain to be determined at a later date.”

    Sussex County Freeholder Rich Vohden, who sits on the North Jersey Transportation Planning Authority, the funnel for federal and state funds for the project, said he has been told the tunnel project is to be done as a project where design is done as the contract proceeds because of the uncertainty of what will be found.

    Drabic said the tunnel work will be major since there is also electrical and improved drainage work to be done inside the tunnel and the entrances will be widened and shored up with new concrete walls.

    Money On Hand

    Freeholder Gail Phoebus, who has been following the project since she was a member of the Andover Township Committee, said she was told NJ Transit “already has $25 million for the project just waiting for them to go ahead.”

    That money is part of federal funds for the project pushed by Rep. Rodney Frelinghuysen, whose 11th District includes Byram, Stanhope, Hopatcong and Sparta in Sussex County.

    State Sen. Steve Oroho, who represents the 24th district which includes all of Sussex County, said the delays in the project “are a perfect example of regulations” holding up projects, which also drive up prices for construction.

    Oroho, who sits on a Legislature committee to study ways of reducing red tape, said following the state’s rules, regulations and laws can be very time- consuming and just the threats of legal action extends the process as cumbersome rule-making procedures need to be followed.

    “It just takes too damn long,” he said of the entire process.

    According to Smith’s response, the schedules for completion of the rest of the rails and the railroad crossing on Stanhope Sparta Road are also undetermined.

  17. Comrade Nom Deplume, the anon-tidote says:

    On a completely unrelated topic, when I heard that Harry Reid “hurt himself while exercising”, I thought “Bullshiite. He got whaled on.”

    Now it seems the truth is coming to light.

    http://pjmedia.com/tatler/2015/04/05/reid-family-values-prime-suspect-in-beatdown-of-elderly-senator-arrested-for-assault-on-cop/

    Now, I don’t mind that someone would lie about getting the crap beat out of him by an alky brother, but if you are going to be all holier than thou about veracity in all things due to title and party, well, time to take a big bite of crow, Senator.

  18. Comrade Nom Deplume, the anon-tidote says:

    [13] yome

    You have to look at the whole picture. Tax policy is by design (believe it or not) and policy makers do look at what other taxes are out there when thinking about whether to hike, lower (as if!) or create taxes.

  19. Libturd in the City says:

    Wow. If this Larry/Harry Reid thing is true, it’s simply astonishing the lies that politicians are willing to make without fear of retribution. Yet the sheep have no issue with it. Baa. Send in your contributions.

  20. Ottoman says:

    Blue says “smallest tax rate”. Not “smallest tax rate change”

    Words matter.

    anon (the good one) says:
    April 7, 2015 at 7:35 am
    Uhm… you sure? Title of map reads “change” 07-13

    maybe the smallest change, but not necessarily the smallest tax rate

    Ottoman says:
    April 7, 2015 at 7:06 am
    According to this map New Jersey, in solid Blue, has the smallest tax rate.

  21. Comrade Nom Deplume, the anon-tidote says:

    [17] toxic

    Interesting tidbit on Andover, NJ from Wiki

    “In the years before World War II, Andover Township was home to Camp Nordland, a retreat and gathering place covering 204 acres (83 ha) owned and operated by the German American Bund, an American Nazi organization devoted to promoting a favorable view of Nazi Germany. Camp Nordland was shut down by the federal government after Germany declared war on the United States and sold at auction in 1944.[23] The property eventually was acquired by Andover Township and is now called Hillside Park with a recreational hall and sports fields.”

    I only learned of these bund camps several years ago. Apparently the biggest was in Yaphank, L.I., called Camp Siegfried. I learned about it many years ago when a client was doing a partial gut and new construction on her house. She found a cup inside a wall that said “Camp Siegfried” and had an art deco swast1ka. On the bottom, also in english, it said “made in germany.” She didn’t know what to make of it and neither did I but I had heard of bunds from my reading and suspected this was the case. Sure enough, that is what it was, and it was reportedly the largest one in North America, with train service to it!

    I told my client to put the cup away and never let anyone know you have it until we can figure out if there is a way to dispose of it for some cash and maybe preserve the historical value. I was thinking museum for the tax deduction. But I think she destroyed it. I am pretty sure she was a bit freaked to learn that someone who owned that house once may have been a N@zi.

  22. Comrade Nom Deplume, the anon-tidote says:

    [21] otto,

    I am much enjoying this tiff betwixt you and anon, and it galls me to side with anon on anything, but he’s right, you’re not. The map did show changes in rate and said so.

  23. Comrade Nom Deplume, the anon-tidote says:

    [20] lib,

    I wouldn’t begrudge Reid for lying about something like that. If he wanted to keep it in the family, that is his business.

    But if it were McConnell, Reid would be castigating him for his duplicity right now.

  24. Pete says:

    You guys are souricng pjmedia which quotes powerline who is using an anonymous source and are swallowing it whole as “the truth”.

  25. Libturd in the City says:

    “I wouldn’t begrudge Reid for lying about something like that.”

    I would. Since when did trust get thrown out the window? I’m not in to politics for sport. If the only sacrifice Bill Clinton had to make to maintain his legacy as a top world leader was to keep it in his pants for eight years. He should have. I know I would have. Instead, dikc for brains got us 12 years of Bush (which sounds nice only if you are referring to vintage pron). It has really gotten to the point where lying is now acceptable. To me, it is not. Who doesn’t have a drunk in the family?

  26. Libturd in the City says:

    You could be right Pete, but I have a feeling you are wrong. As a matter of fact, I would bet on it.

  27. Comrade Nom Deplume, the anon-tidote says:

    [25] pete,

    Yeah, I should just go with he got an eye contusion from falling backwards into a piece of furniture. On New Year’s Eve.

    http://www.huffingtonpost.com/2015/01/22/harry-reid-doesnt-rule-ou_n_6525884.html

    Sorry, that story stunk from day one. Personally, I don’t care how it happened, and as I said, I don’t much care that he lied about that. But it is hypocritical of him.

  28. nwnj says:

    Sorry, there’s no way you end up with injuries of that breadth and severity from a treadmill “accident”. It’s been a lie since day 1.

  29. Comrade Nom Deplume, the anon-tidote says:

    [28] redux

    And lets not forget the rib injury. Now, I gather you haven’t been in many fistfights, but eye, ribs, hmmm, where do you think most punches land?

  30. Anon E. Moose says:

    +1 with Nom [24] on the Harry Reid thing.

  31. Comrade Nom Deplume, the anon-tidote says:
  32. Comrade Nom Deplume, the anon-tidote says:

    Sorry lib, I know you don’t like that he lied. I don’t either. But if it were me, and a reporter asked me if I lied to protect a troubled family member, my response would be “Wouldn’t you?”

    And since it cannot diminish my opinion of Reid, I really don’t much care about that. But I wonder what the makers of the exercise bands have to say now that Reid smeared them? Or the police who are currently refusing to discuss it?

    Anyway, this is more than I wanted to say on the topic. Gotta get to work so I can pay for someone’s Obamacare, right after I get in a dig at my favorite posters.

  33. Comrade Nom Deplume, the anon-tidote says:

    Don’t know why anon was cheering on Wisconsin. His alma mater doesn’t have a basketball team.

    http://www.whiteprivilegeconference.com/university.html

    Wonder if footrest and small caliber will also make the next class reunion?

  34. FKA 2010 Buyer says:

    A campaign I can endorse.

    New York hipsters are being encouraged to move to Detroit

    New York residents may have noticed new billboards throughout the city encouraging them to move to Detroit. There’s one in Soho, another at the Ace Hotel in Midtown, and the other two billboards are in Bushwick. One example reads, “Detroit: Just west of Bushwick” while another says, “Detroit: Be left alone” below a rainbow.

    “I think Detroit is a compelling place for people to be moving,” explained Philip Kafka of Prince Media Co., the boutique billboard company behind the campaign, to Business Insider. “I can do things there as a young guy that I could never imagine doing in New York or any other major market in the US.”

    http://therealdeal.com/blog/2015/04/05/new-york-hipsters-are-being-encouraged-to-move-to-detroit/

  35. anon (the good one) says:

    could have gone to a very liberal college, but my place was taken by a right-winger. just like Xolepa, you right-wingers love to attend very liberal schools

    Comrade Nom Deplume, the anon-tidote says:
    April 7, 2015 at 9:57 am
    Don’t know why anon was cheering on Wisconsin. His alma mater doesn’t have a basketball team.

  36. FKA 2010 Buyer says:

    I just if you have lower standards, then you can feel better about yourself. Sort of like the guy that brags about bagging fat chicks.

    Millennials most confident generation about their credit scores

    Millennials, ages 18 to 34, are the most confident generation about their credit status, with nearly three in five Millennials saying they would be comfortable disclosing their credit score to their parents, compared to only 35% of Generation X, according to the new Chase Slate Credit Survey.

    The survey looks at different generational views on credit scoring. The survey found that while the vast majority of Americans (90%), recognize the importance that access to credit plays throughout their life, when it comes to awareness of their personal credit health there are gaps.

    Although Millennials may be the most confident, they have a different view of what a good credit score is compared to their predecessors. Baby Boomers consider a good score on average to be 726, higher than Gen X (712) and Millennials (695).

    http://www.housingwire.com/articles/33469-millennials-most-confident-generation-about-their-credit-scores

  37. anon (the good one) says:

    “As the ex-veep blasts Paul for being an isolationist, old video shows the Kentucky senator charging that Cheney used 9/11 as an excuse to invade Iraq and benefit his former company.”

    @DavidCornDC: WATCH:
    Rand Paul Says Dick Cheney Pushed for the Iraq War So Halliburton Would Profit

  38. Libturd in the City says:

    I consider 800 to be a good score. All one needs to do is to live within their means to obtain it. Gator and I are usually around 825. And that’s with frequent opening and occasional closing of credit card accounts to take advantage of perks.

  39. jcer says:

    850 credit score here, yep just pay your bills on time and I guess nominally speaking I’m a millenial.

  40. FKA 2010 Buyer says:

    Today’s Privileged News: When you realize you have too much space and decide to downsize from 11,000 sq feet to 5,000 sq feet.

    Brooklyn’s Priciest Condo Listed for $32 Million

    A few months ago, Stuart Leaf was sitting in his Brooklyn Heights apartment when he got a call from his wife asking when he’d be home. It turned out “we’d both been home for three hours,” he said—their roughly 11,000-square-foot condo is so large that neither one realized the other was there.

    After that, it was clear to the couple that it was time to sell, especially since they are about to become empty-nesters. The apartment is “just a little bit too spread out” for just for the two them, said Mr. Leaf, the 53-year-old founder of Cadogan Management, a fund of hedge funds that merged with Cantor Fitzgerald in 2011.

    http://www.wsj.com/articles/brooklyns-priciest-condo-listed-for-32-million-1428340239

  41. chicagofinance says:

    The End Is Nigh (clot Haute Cuisine Edition):

    A Las Vegas man fatally shot himself Sunday at a cas!no buffet that had revoked his lifetime of free meals, the Las Vegas Review-Journal reported.

    John Noble, 53, mailed the newspaper an obsessive testimonial against the M Resort Spa Cas!no in nearby Henderson, where the man claimed officials had wrongfully banned him from the premises after female employees accused him of giving them unwanted attention.

    Noble turned over 270 pages of documents relating to his case and a two-hour DVD detailing his struggles in a package that arrived the day after his suicide, the Review-Journal reported.

    Authorities in the area received word of a car on fire in the cas!no’s parking garage at 4:50 p.m. Sunday, according to a release from the Henderson Police Department. But just as the M’s security staff extinguished the small blaze, gunshots were reported in the cas!no’s buffet restaurant, police said.

    Cops discovered Noble dead with a single self-inflicted wound. Two people, including one who was hospitalized, sustained minor injuries in the incident, cops said.

    It was the tragic culmination of Noble’s failed struggle to regain his standing at the cas!no, which awarded him free food privileges in 2010 for being an M “biggest winner” but exiled him three years later, the newspaper reported.

    “Nobody will help me,” Noble says in a portion of the DVD that the newspaper posted. “You’ve got to fight for what you believe in, and I believe I was unjustifiably kicked out.”

    Noble previously threatened suicide Easter Sunday 2013 and allegedly stalked an M employee, according to documents he sent to the paper. Cas!ino officials had forbidden him from coming to the M three weeks before that incident, and Noble spent three days in a state psychiatric ward afterwards.

    Upon his release, Noble continued his crusade, taking to Facebook to share M workers’ personal information and complain about his plight, his still-existing profile shows.

    A representative for the M didn’t immediately respond to a request for comment early Tuesday. But the M’s vice president of marketing, Scotty Rutledge, told the Review-Journal that the cas!no was providing grief counseling to employees. He declined to comment further, citing a police investigation and a cas!no policy not to speak on incidents involving customers.

    To the end, Noble apparently thought he could win over buffet workers to his cause.

    “That’s the trouble — people do not get involved,” he says in the video. “That’s why this world is so screwed up. Have a little decency, people. Some people are reaching out for help and they don’t get it.”

  42. Libturd in the City says:

    For what it’s worth, the M buffet IS pretty good. Not suicide good, but pretty good none-the-less.

  43. FKA 2010 Buyer says:

    Fat man should hold out for the Veep position.

    In Republican race for White House, Pence’s fortunes plummet sharply

    Goodbye, Mike Pence!

    It continues to amaze me — no matter how long I cover this stuff — how quickly fortunes can change in national politics. Ten days ago, the Indiana governor was seen as a possible dark-horse presidential candidate in 2016, the sort of guy who could appeal to social and fiscal conservatives, had ties to Washington and/but was now a governor.

    10. Perry:
    9. Louisiana Gov. Bobby Jindal:
    8. Former Arkansas governor Mike Huckabee:

    7. New Jersey Gov. Chris Christie: No candidate’s fortunes have fallen as much as Christie’s have. And it’s not just in New Jersey. A Washington Post-ABC News poll released last weekshowed that his unfavorable rating (41 percent) was slightly higher than his favorable rating (38 percent) . . . among Republicans.

    6. Ohio Gov. John Kasich:
    5. Sen. Ted Cruz (Tex.):
    4. Sen. Rand Paul (Ky.):
    3. Sen. Marco Rubio (Fla.):
    2. Wisconsin Gov. Scott Walker:
    1. Bush:

    http://www.washingtonpost.com/politics/in-republican-race-for-white-house-pences-fortunes-plummet-sharply/2015/04/05/21ecbfc0-db96-11e4-a500-1c5bb1d8ff6a_story.html?hpid=z5

  44. Libturd in the City says:

    As long as the blue team runs grandma Clinton, any of those 10 have a shot to be the next president.

  45. Fast Eddie says:

    Hillary Clinton could commit murder and still get elected. No republican is going to beat her because the muppets are not savvy enough to do anything other than follow a crowd. Obesity and ignorance represent the face of the nation. It’s likely that we’ll not see another republican president in our lifetime.

  46. FKA 2010 Buyer says:

    It’s like trying to win a game with the Bad News Bears, you can win but wouldn’t be surprised if you didn’t.

  47. grim says:

    I would go out specifically to vote against Jeb Bush.

    Sorry, but these kinds of legacies disgust me.

  48. anon (the good one) says:

    hahahaha..

    Libturd in the City says:
    April 7, 2015 at 11:47 am
    As long as the blue team runs grandma Clinton, any of those 10 have a shot to be the next president.

  49. grim says:

    Corelogic February HPI numbers out today.

    February YOY

    NY Metro MSA – Up 6.9% Inc. Distressed / Up 8.5% Excl. Distressed
    NJ Statewide – Up 3.6% Inc. Distressed / Up 4.4% Excl. Distressed

  50. Libturd in the City says:

    The same distaste for Bill displayed in the Gore/GWB election may come through again in the HC/JB election. Especially if the economy falters, which it might over the next year.

  51. Libturd in the City says:

    Let’s hear it for non-distressed

  52. anon (the good one) says:

    unless someone more liberal comes along (e.g. Obama, Barack)

    Fast Eddie says:
    April 7, 2015 at 11:50 am

    Hillary Clinton could commit murder and still get elected.

  53. FKA 2010 Buyer says:

    Is it time to re-invent yourself? Healthcare and IT is looking better everyday.

    There’s ‘no demand’ for senior bankers on Wall Street

    There was a time when it was possible to ‘retire’ from investment banking in your 30s. That time has passed. As the trajectory of banking careers changes, 30 has instead become the age at which you must be positioned at a firm that will see you through to your 40s and beyond. Swapping banks when you’re aged 30+ is increasingly challenging.

    Headhunters working across business areas bemoan the lack of recruitment beyond vice president (VP) level. “Banks have become incredibly cost-conscious,” says a partner at an M&A search boutique. “They’re not making a 25% return on equity any more – they’re making a 5% return on equity. At that level, they can’t afford to buy out the bonuses of senior staff.”

    http://news.efinancialcareers.com/us-en/204388/you-must-be-working-for-the-right-bank-before-youre-30/#ixzz3Wdyszpyd

  54. Fast Eddie says:

    I would go out specifically to vote against Jeb Bush.

    Sorry, but these kinds of legacies disgust me.

    Certainly. Because Hillary is so new, young, exciting and unattached from the status quo.

  55. Juice Box says:

    Ditch the witch.. there is no way I am voting for Hillary.

  56. Fast Eddie says:

    FKA 2010 Buyer,

    Don’t you know that those Wall Street types are buying all those houses in prestigious Bergen County with their bonus checks? These towns are bleeding wealth. A house tour guide told me.

  57. grim says:

    Got a big load of barrels in today. You want to make a quick fortune? Open a cooperage.

  58. chicagofinance says:

    Gore was viewed as an extension of Slick Willie……it is already been pretty well documented that Obamas and Clintons would murder each other given the opportunity.

    Libturd in the City says:
    April 7, 2015 at 12:43 pm
    The same distaste for Bill displayed in the Gore/GWB election may come through again in the HC/JB election. Especially if the economy falters, which it might over the next year.

  59. grim says:

    I’d give up my vote if we allowed the candidates to fight it out in Thunderdome. Given the current crop, I’d say it’s the most reasonable approach.

    I wouldn’t count Hillary out in the first round, I’m sure she fights like a mongoose, probably kick you in the balls than go straight for your eyes.

  60. Libturd in the City says:

    CC in the Thunderdome could be the largest PPV event ever.

  61. Libturd in the City says:

    What are Hilary’s accomplishments? Besides riding her cheating husband’s coattails?

  62. grim says:

    Accomplishments? Huh?

    You have Carly Fiorina on the VP ticket, widely acknowledged as being one of the worst technology CEOs of all time.

  63. ccb223 says:

    Agree that the whole legacy thing is disgusting but Jeb is not George … out of that Republican field Jeb is the only one who can win my vote. Smart and moderate.

  64. Comrade Nom Deplume, who needs to stop screwing around and get back to work says:

    [65] mind blown

    HUH? I agree with anon 2X in 2 days and now small cal. is open to a Jeb Bush presidency?

    Have I disappeared down the rabbit hole?

    In other news, no NCAA winnings for me. Despite accurately picking the final contestsants, I finished third in my small firm pool because the other guy who did had Duke. The spouse, ordinarily the Nostradamus of the Hardwood, finished 20th of 167. That pool entered Barack Obama who finished 81st.

    Better luck next year, Bracketologists.

  65. NJGator says:

    re the Millennials, quick anecdote from our listing agent. Apparently they all are expecting perfection in the apartments they are looking at it, but don’t think they should have to pay a premium for it.

    So the final numbers on PARCC refusal are in from Montklair – 42.6% of students opted out of taking the test. 68.1% of HS students opted out. In the elementary schools, Watchung, which has always had the highest test scores in the district saw 7.5% of students (GR3 and up) sit out, while Bullock, which has the highest percentage of economically disadvantaged students and is considered a “FOCUS” school due to disparities in test scores, had a 43.5% opt out rate.

    So assuming most of the opt-outs are the kids of high SES helicopter parents, how many spots does NJ Monthly ding Montklair in their next rankings….and what do the Brooklyn and Park Slope folks do after reading it?

  66. Juice Box says:

    Jeb was in with a crowd in Miami that was doing some shady deals that robbed millions part of some kind of Haiti rebuilding earthquake relief scam. He was a paid consultant and on the board of directors. He is either crooked or very stupid.

  67. grim says:

    I remember when half of Monclair worked for the NY Times, and now the Montclair watercooler is against big business? Is the NYT exempt?

  68. Libturd in the City says:

    The anti-corporate thing in Montclair is pretty funny. I think it’s legacy from the kooky occupy zucchini park protest. I just called the opt-outers helicopter parents and pissed off a particularly helicopter mom on Baristanet. She got upset when I merely suggested her kid would have a 1 in 2 chance of working in Corporate America. She since deleted her comment.

  69. grim says:

    C’mon, it’s not even fair Stu, it’s like shooting pickles in a barrel in that place.

  70. NJGator says:

    Grim 70 – Yes. Because they fix elections in Montclair. Like this gem that they dropped within 24 hours of the last municipal election. Pretty much accused Karen Turner of being a Republican and not knowing her way around the 4th Ward. No chance for her to respond before voting. And no disclosure from the NYT that the author was a Montclair resident.

    http://www.nytimes.com/2012/05/08/nyregion/in-montclair-elections-cause-town-to-re-examine-itself.html?_r=0

  71. Libturd in the City says:

    I know. The funny thing is that I agree with most of these progressive concepts. But what separates me from that pack is that I can think for myself and I don’t blindly follow the progressive playbook. For example. The progressive position on unions and their impossible benefits. Or attachment parenting and placental profiteroles.

  72. grim says:

    I spent most of my 4 years in High School opting out of homework.

  73. grim says:

    Don’t know why I got marked down because of it either, in retrospect, I was clearly a trendsetter.

  74. grim says:

    The Etsy IPO must be a crisis in Montclair.

  75. Fast Eddie says:

    The helicpoter parent; what an interesting concept. You would think the millenials would rebel in anger in order to shed accusations of being too soft and clingy. They should start a revolution or at least form a mountain with their cell phones (a.k.a. the world’s longest umbilical cord) and set them on fire. They would do neither without getting permission from mommy and daddy first.

  76. Juice Box says:

    re: Helicopter Parents – My coworkers son is getting married. Her parents insisted on the “adults”AKA parents select the town, neighborhood, street and house to buy. They actually rode around with the realtor and told them what their requirements are. They basically cut the son out of the home decision completely. They also already picked the names of their first kids and they aren’t even married yet. I told him to tell his stepson to run and run far away.

  77. Juice Box says:

    Bojangles’ files for IPO….

    All of the common stock on offer in the IPO is being sold by selling stockholders, company will not raise any cash at all.

  78. anon (the good one) says:

    Xolepas son and daughter in law are in med school in Boston, but he’s picking out the house for them

    Juice Box says:
    April 7, 2015 at 3:53 pm
    re: Helicopter Parents – My coworkers son is getting married. Her parents insisted on the “adults”AKA parents select the town, neighborhood, street and house to buy. They actually rode around with the realtor and told them what their requirements are. They basically cut the son out of the home decision completely. They also already picked the names of their first kids and they aren’t even married yet. I told him to tell his stepson to run and run far away.

  79. The Original NJ ExPat says:

    Main story – haha. This is like how Warren Buffet’s dental hygienist pays more taxes than he does.

  80. The Original NJ ExPat says:

    For gary – from the “Ask the Experts” Section of the main article. According to this method a house in the NJ suburbs costs the equivalent of $500,000 more than a house in the Boston suburbs if the property taxes on the NJ house are $10K more, all other things being equal.

    Thomas C. Kinnaman
    Professor of Economics, Bucknell University
    Thomas C. Kinnaman
    Do people consider property taxes when deciding where to move? Should they?

    If they don’t, then they should. $1,000 of extra property taxes each year requires an investment of $50,000 to generate after-inflation interest payments (at say, 2%).

    To pay for the extra property tax each year. Thus, consider an extra $1,000 in property taxes as equal to a $50,000 increase in the cost of the house.

    If home buyers value the extra public goods provided by the extra property taxes (better schools, public services, etc.), then they will still buy homes in the high-tax area – and the extra property tax will not diminish property values. But if home owners do not value the extra public goods – then the $1,000 increase in property taxes will decrease property values by $50,000.

  81. The Original NJ ExPat says:

    ^^^ I’m thinking comparing a very nice $800K house in Newton, MA, for example, with $5K taxes and that warm and fuzzy “good schools, anglo snob status, train into the city” feel versus an $800K BC house with $15K taxes.

  82. The Original NJ ExPat says:

    I opted out of homework until my 5th year of college.

    I spent most of my 4 years in High School opting out of homework.

  83. Liquor Luge says:

    plume (18)-

    I’d say the bitch had his beatdown coming.

  84. grim says:

    Glenn Staub has got to be insane.

  85. Liquor Luge says:

    pete (25)-

    What kind of “exercise” leaves somebody ending up looking like they went 15 rounds with the young Mike Tyson?

    Just saying…

  86. grim says:

    Looking on Zillow, a nice house in Newton Mass. costs over a million dollars and comes with an $11k+ tax bill.

  87. grim says:

    Some beautiful new homes in the $2m+ range.

  88. Liquor Luge says:

    FKA (35)-

    You can probably fire guns whenever you want and burn your trash. Other than that, Detroit more resembles Mogadishu than it does civilization.

    “I think Detroit is a compelling place for people to be moving,” explained Philip Kafka of Prince Media Co., the boutique billboard company behind the campaign, to Business Insider. “I can do things there as a young guy that I could never imagine doing in New York or any other major market in the US.”

  89. Liquor Luge says:

    grim (48)-

    Now that serious candidates for prezident have devolved into legacies, it’s indicative of the sad state of current affairs that no sane, qualified person wants near the job.

  90. Liquor Luge says:

    I just wish I wasn’t banned for life at Baristanet.

  91. Liquor Luge says:

    Nothing more fun than taunting stupid farmyard animals.

  92. Liquor Luge says:

    Posting at Baristanet was the funnest four days of my life.

  93. Liquor Luge says:

    My only regret was not being able to ask more people if they were placenta-eaters.

  94. grim says:

    Guy at the Whole Foods butcher counter when I insisted that he get me placenta, 4 or 5 times, and then just as he started to get irate, I said “no no no, I meant pancetta”.

  95. FKA 2010 Buyer says:

    [97] LL

    I was talking to a woman who said with a straight face that she put the placenta in a smoothie. This same couple has a small garden because they don’t want to give their children anything with pesticides. Also had an issue when the Dr didn’t let her child into the office because she didn’t vaccinate them.

    I had to look around to see if I was being punked.

  96. grim says:

    I’ll put up $500 bucks if you guys will match, let’s sue the Montclair school district saying that they need to provide a placenta lunch option.

  97. chicagofinance says:

    client from CA just dropped $132K on a Tesla……fcuk me….

  98. chicagofinance says:

    Just a great headline from tomorrow’s WSJ….
    “They’re Using Drones to Herd Sheep”

  99. chicagofinance says:

    great euphemism and imagery……I think the advent of the smartphone and the iWatch are the precursors to cyborgs……

  100. The Original NJ ExPat says:

    [90] grim – pick your price point, that’s fine. What is the tax bill on a comparable one million dollar house in BC, probably around $21K right? Maybe more? Using the professor’s formula that’s like paying $1.5 million for the $1 million house in BC over the $1 million house in Newton, MA. I’m not a realtor comparing value, I’m just putting up the Econ prof’s premise on price for discussion. Newton just came to mind because I know it well and it seems like an analog of the better bigger towns in BC. Very much like Ridgewood, I’d say.

    Looking on Zillow, a nice house in Newton Mass. costs over a million dollars and comes with an $11k+ tax bill.

  101. grim says:

    Looks closer to short hills or summit from a pricing perspective.

  102. grim says:

    Do robots dream of electric sheep?

  103. The Original NJ ExPat says:

    Nope, that would be Weston, Wellesley and Wayland. Bigger houses in Brookline and Cambridge too, of course.

    Here you go, not too far off for something I didn’t check beforehand:

    http://www.zillow.com/newton-ma/home-values/
    http://www.zillow.com/ridgewood-nj/home-values/

    Looks closer to short hills or summit from a pricing perspective.

  104. The Original NJ ExPat says:

    “the median price of homes that sold is $693,750. The median rent price in Newton is $2,300, which is lower than the Boston Metro median of $2,381.”

    “the median price of homes that sold is $616,764. The median rent price in Ridgewood is $2,275, which is lower than the New York Metro median of $2,400.”

  105. The Great Pumpkin says:

    Expat, you are comparing apples to oranges. Boston metro area is not the nyc metro area. They are not the same. Big difference. I don’t really care what you like better, in case you come back bashing jersey.

    The Original NJ ExPat says:
    April 7, 2015 at 6:56 pm
    “the median price of homes that sold is $693,750. The median rent price in Newton is $2,300, which is lower than the Boston Metro median of $2,381.”

    “the median price of homes that sold is $616,764. The median rent price in Ridgewood is $2,275, which is lower than the New York Metro median of $2,400.”

  106. The Great Pumpkin says:

    Red meat—>You bet!!!!

    Not for nothing, I clearly stated this in the past month in one of my posts. Stated that everyone else will catch up because they cannot raise our taxes much more. I would be much more skeptical about moving to a “cheap tax” location because they are the state’s that will rise the most. Nothing like spending all that money in moving costs to move to another state for cheap taxes, only to watch them catch up to jersey. Worst part will be when your pay doesn’t keep up with the rise in taxes in the new location and you will be left asking yourself why you came here to take a pay cut if your taxes are now comparable with jersey.

    Can’t wait to see how many people end up in this predicament chasing the tax carrot.

    leftwing says:
    April 7, 2015 at 7:13 am
    Nice start. Red meat for pumpkin all day I presume….

    Issue for me is not necessarily rate but absolute tax relative to income.

    Someone posted incomes the other day for Bergen, outlier NJ county, and rest of country. Don’t have the exact numbers but basically outlier NJ county income was 20% higher than ROC and Bergen may have been 50% higher than ROC.

    House prices and taxes are multiples higher.

    That math just doesn’t work.

  107. The Great Pumpkin says:

    Fast eddie and everyone else that thinks they can avoid property taxes, please read this from the main article. I try to explain this to you, but you blow me off. Whether renting or owning, you are paying property taxes. In other words, if you are sleeping under a roof, you are paying taxes. Only way to avoid it is to go live in a cave. Fast eddie loves to throw that into the “cost of owning”, when in reality it is the “cost of living”.

    “And while property taxes may appear to be a non-issue for the 36% of people who rent their homes, that couldn’t be farther from the truth. We all pay for property taxes, whether directly or indirectly, as they impact the rent we pay as well as the finances of state and local governments.”

  108. The Great Pumpkin says:

    This professor is over complicating it. He tries to put a price correlation to taxes and it is just not that simple. I understand what he is saying, but I just don’t agree with the 50,000 # for every 1,000 increase.

    The Original NJ ExPat says:
    April 7, 2015 at 4:41 pm
    For gary – from the “Ask the Experts” Section of the main article. According to this method a house in the NJ suburbs costs the equivalent of $500,000 more than a house in the Boston suburbs if the property taxes on the NJ house are $10K more, all other things being equal.

    Thomas C. Kinnaman
    Professor of Economics, Bucknell University
    Thomas C. Kinnaman
    Do people consider property taxes when deciding where to move? Should they?

    If they don’t, then they should. $1,000 of extra property taxes each year requires an investment of $50,000 to generate after-inflation interest payments (at say, 2%).

    To pay for the extra property tax each year. Thus, consider an extra $1,000 in property taxes as equal to a $50,000 increase in the cost of the house.

    If home buyers value the extra public goods provided by the extra property taxes (better schools, public services, etc.), then they will still buy homes in the high-tax area – and the extra property tax will not diminish property values. But if home owners do not value the extra public goods – then the $1,000 increase in property taxes will decrease property values by $50,000.

  109. The Great Pumpkin says:

    112- for example, based on his theory, you bought a house in Paterson for 100,000. So if the house was 100,000 and the taxes went up 2,000 in 5 years, it is now worth almost nothing?

  110. Toxic Crayons says:

    LEAD SUSPECT in Harry Reid’s Beating – His Brother – Is Arrested for Assaulting Police
    Posted by Jim Hoft on Monday, April 6, 2015, 12:59 PM

    larry reid brother
    Larry Reid was arrested about 12:30 p.m. Monday on U.S. Highway 95 near the edge of Boulder City city limits. (Daily Mail)

    Harry Reid’s brother was arrested this week on drunk and disorderly conduct… Oh, and he hit a cop.
    The Daily Mail reported:

    Senator Harry Reid’s 73-year-old brother has been arrested and charged with driving drunk and hitting a police officer.

    Larry Reid was arrested for DUI about 12:40 p.m. between Boulder City and Searchlight in Nevada.

    Mr. Reid was also charged with battery of a police officer, driving across a median, resisting arrest, not wearing a seat belt and possession of a gun while under the influence of alcohol.

    A trooper saw Larry Reid’s Lexus SUV in the dirt median with the engine still running, Patrol spokesman Trooper Loy Hixson said.

    The Nevada Senator’s office released a statement confirming that Larry Reid is the Democrat’s brother, saying only that it is ‘a private matter.’

    harry reid face
    Harry Reid suffered a concussion, broken ribs and a busted face from what he said was a “workout” incident.

    According to The Tatler and Power Line Blog Larry Reid is prime suspect in his brother’s beating.

    On Monday I got a phone call from a man named Easton Elliott. We talked briefly on Monday, and have had additional telephone conversations since then. Elliott* is a businessman who lives in the Las Vegas area, and he thinks he knows what really happened to Harry Reid. This is the story as he related it to me:

    Elliott spent a portion of last New Year’s Eve at an Alcoholics Anonymous meeting in Henderson, Nevada. His AA group has meetings every hour on New Year’s Eve, along with a pot luck supper. There were approximately 20 people present at the meeting during the events described below.

    Some time between 10:00 and 11:30 p.m., a man entered the meeting. His appearance was striking: there was blood on his clothing, beginning around his midsection. His left hand was swollen. He appeared to be somewhat intoxicated and was visibly agitated. He introduced himself as “Larry.”

    In a group discussion that was heard by a number of people, Larry said that he had just had a fight with a family member. Larry said he had been at a family get-together, and he didn’t remember much about the fight because he had blacked out. When he came to, he was rolling on the ground, fighting with a family member, and his clothes were bloody. Now, he said, he was frightened that the Secret Service would come after him

  111. chicagofinance says:

    The End Is Nigh (Comrade Nom Deplume Meets JJ Edition):

    A Philadelphia law professor at Drexel University is in trouble after accidentally sending her students an email with an anal beads p0rn video, Above the Law reports.

    Titling the email “great article on writing briefs,” Lisa McElroy included a P0nHub link to the solo-sex video called “SHE LOVES HER ANAL BEADS.”
    “I thought this article on brief writing would be interesting to all of you,” wrote McElroy in her message.

    Turns out University officials didn’t find her sharing all that fascinating.

    McElroy, who teaches legal writing and teaching methods at the Thomas R. Kline School of Law, is under internal investigation and on leave because of her unfortunate copy-and-paste mishap.

    “Drexel is required to initiate fact-finding for all reports of inappropriate behaviors of a sexual nature that may impact members of our community,” the University said in a statement according to Philly.com

  112. Essex says:

    Ahhhhh the echo chamber that is this blog…

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