The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Paul Viapiano who wrote (10918)	6/3/2003 12:40:25 AM
From: George8	Read Replies (1) of 306849

Paul: Sit down please before I tell you how much property taxes that we are paying in NYC/NJ area. I believe range of property taxes paid around NYC and Northern NJ is 1.5%-3% of market value. I live in Norwood - a middle class town in Bergen County. I paid $10k on my $600k house. I do not know of anybody in my town paying less than $6k in property tax. Many are paying well over $20k. Property taxes in Westchester and Rockland County of New York are even higher. I own a rental townhouse in Rockland County that I paid $450k in 1997. I paid $16.5k property taxes on the townhouse in 2002. George

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