Category Archives: Property Taxes

Will it unlock the market?

Posted on December 17, 2025 by grim

From the Realtors: Could Capital Gains Tax Cuts Lower Home Prices? 2 Proposals Are on the Table There are two proposals driving the capital gains debate in Washington right now. The first is a bill from Rep. Marjorie Taylor Greene (R-Georgia) that would eliminate capital gains … Continue reading →

Posted in Economics, Housing Bubble, National Real Estate, Politics, Property Taxes | 57 Comments

Taxes and economy to decide the next race?

Posted on October 5, 2025 by grim

From CBS News: Two-thirds of N.J. residents polled “dissatisfied” with the economy as governor’s race enters final month With one month to go until Election Day, New Jersey residents in a recent poll say taxation is their biggest issue, they’re … Continue reading →

Posted in New Jersey Real Estate, Politics, Property Taxes | 22 Comments

$20k is the new $10k

Posted on September 5, 2025 by grim

From the Bergen Record: Which North Jersey town is most expensive? Highest average property tax in Bergen, Passaic Top 10 towns in Bergen County Top 10 towns in Passaic County

Posted in Economics, New Jersey Real Estate, Property Taxes | 114 Comments

Look on the bright side?

Posted on August 24, 2025 by grim

From USA Today: How much NJ taxpayers stand to save from Trump tax cuts in 2026, county by county President Donald Trump’s “One Big Beautiful Bill” is now law, and millions of New Jersey taxpayers will see lower federal tax bills starting … Continue reading →

Posted in New Jersey Real Estate, Politics, Property Taxes | 41 Comments

Shut up and pay up

Posted on July 13, 2025 by grim

From Fox Business: New Jersey tops nation’s highest property tax list at $9,413 while southern states offer relief

Posted in National Real Estate, New Jersey Real Estate, Politics, Property Taxes | 89 Comments

Jersey benefits most from SALT cap increase

Posted on July 2, 2025 by grim

From Axios: Some homeowners could see tax breaks if Trump’s bill passes

Posted in Demographics, Economics, National Real Estate, New Jersey Real Estate, Property Taxes | 61 Comments

Sorry Millionaires

Posted on June 30, 2025 by grim

From WHYY: Why are New Jersey housing costs continuing to rise — and who should pay for affordable housing? On Monday, the New Jersey Legislature is expected to give final approval to the state’s fiscal year 2026 spending plan. The $58.8 … Continue reading →

Posted in Demographics, Economics, New Jersey Real Estate, Politics, Property Taxes | 76 Comments

Expensive houses going to get even more expensive

Posted on June 2, 2025 by grim

From NJ Spotlight News: As housing prices rise, Murphy wants a tax increase With housing prices rising steadily and aggravating affordability concerns, Gov. Phil Murphy wants to hike fees levied on New Jersey’s priciest real estate sales, a tax increase … Continue reading →

Posted in Demographics, Housing Bubble, New Jersey Real Estate, Politics, Property Taxes | 107 Comments

Pass the salt, please

Posted on May 17, 2025 by grim

From the Realtors: These High Tax States Could Benefit the Most From Higher SALT Deduction There’s a new bill in Washington that’s become the subject of some ugly debate. In a surprising twist, the fate of the current House Republican … Continue reading →

Posted in Economics, New Jersey Real Estate, Politics, Property Taxes | 76 Comments

High property taxes = high rents

Posted on May 12, 2025 by grim

From NorthJersey.com: AI didn’t break New Jersey’s housing market. Politicians did | Opinion On April 23, New Jersey’s Attorney General Matthew Platkin filed a lawsuit targeting AI-driven pricing software using in the housing market, alleging it enables landlords to collude and drive … Continue reading →

Posted in Economics, Housing Bubble, New Jersey Real Estate, Property Taxes | 82 Comments

Congrats on paying the most taxes

Posted on May 10, 2025 by grim

From the Real Deal: Illinois and New Jersey lead U.S. in highest property tax rates for homes in 2024 Illinois and New Jersey recorded the highest effective property tax rates on single-family homes in 2024, of 1.87 percent and 1.59 … Continue reading →

Posted in New Jersey Real Estate, Property Taxes | 40 Comments

NJ Property Taxes – Uncapped Liability

Posted on April 1, 2025 by grim

From the Star Ledger: Struggling N.J. school district wants to raise taxes 36% in ‘shocking’ move  Local officials are facing off in Plainfield after the city’s board of education proposed raising local school property taxes by 36% — the district’s … Continue reading →

Posted in New Jersey Real Estate, Politics, Property Taxes | 139 Comments

Run Boomer Run

Posted on March 23, 2025 by grim

From Newsweek: Map Shows States Baby Boomers Are Fleeing From Ian Kennedy, a data scientist at JBREC, created a chart identifying where the highest property taxes in the country were in 2023, the latest data made available by the U.S. … Continue reading →

Posted in Crisis, Demographics, Economics, Housing Bubble, National Real Estate, Property Taxes | 25 Comments

Taxes don’t make things better?

Posted on March 11, 2025 by grim

From NJ Business Magazine: 80% of CPAs Concerned NJ Budget Will Leave Economy Worse Eighty percent of the 350 certified public accountants (CPAs) surveyed by the New Jersey Society of Certified Public Accountants (NJCPA) after Gov. Phil Murphy proposed his $58.1 … Continue reading →

Posted in Economics, New Jersey Real Estate, Politics, Property Taxes | 65 Comments

NJ going to cost you a little more next year

Posted on March 3, 2025 by grim

From the Star Ledger: You won’t believe what N.J. is trying to tax now. Here’s the full list.  The list of taxes and fee changes in the proposed budget include: Brand-new taxes: The state anticipates collecting $277 million by taxing go-cart … Continue reading →

Posted in New Jersey Real Estate, Politics, Property Taxes | 121 Comments