James R. Matarazzo Jr., Broker-Salesperson

Domien,
Roseland and North Caldwell offer value for townhouses, however North Caldwell just went through it's tax mandated re-assessment with the State of New Jersey and Roseland this year will begin its re-assessments. In fact all towns which have not started their re-assessments have to due same by 2010. This is important because taxes will more than likely jump up in many of the towns. Its the year after the re-assessment that's the kicker because the town has to make up the difference in the budget. Montclair will see a 7.6% projected tax hike from last year's assessment. With taxes and montly fees jumping it may not be a practical move if you are just able to make the monthly payments after taxes, monthly and mortgage payments. From a negotiating standpoint, towns like West Orange have many available units for sale so there should be more of an opportunity in negotiations with price. I would be glad to represent your interests as a buyer's agent in finding the right fit for your needs and specifications. Thank you for your time and consideration.

James R. Matarazzo Jr., Realtor Associate
Trusted Advisor, Skilled Negotiator, Expert Facilitator, tm
NJAR Circle of Excellance Sales Award 2005, 2006, & 2007
Premier Service-Ranked Top 1% of all realtors in NJ 2005, 2006, 2007
John Young Realty/GMAC
(973) 885-2190
http://EssexSuburbia.com - Mon Jul 21 2008, 15:51