Viewing a single comment thread. View all comments

ashlandbus t1_jdi9avb wrote

I bet they are - which is why it the median is only ~$9k.

A $725k home in NYC would probably be around $5k/yr for taxes, while a $725k home in much of Northern NJ would be closer to $15k-$20k.

6

bodhipooh t1_jdj7dyw wrote

Goog point. It should be even higher if it excludes NYC. I have friends in Brooklyn paying effective rates that's are closer to HALF of a percentage point.

3