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JeromePowellAdmirer t1_j05j3yx wrote

Reply to comment by AugustWest7120 in Is Jersey City a good place to live and is it growing? by idealisticleopard

FWIW rents at the Beacon have gone down even after the property tax increase became known. Though they were way overpriced over the summer, at one point the cheapest unit was just over 2k, now it's more like just over 1500.

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AugustWest7120 t1_j05jxfw wrote

I was gonna add that the lux buildings may see slight reductions because of the taxes

  • not huge, but definitely a drop.
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