I recently looked at a lovely 2 br. condo in the Hamilton Park area that was priced decently - probably $40K less than a comparable unit in Hoboken. When I saw the taxes, however, I freaked out - almost TEN THOUSAND A YEAR. In Hoboken, the taxes would have been HALF that much for the same unit. Needless to say, I won't be buying in JC - it's a shame, too, because I loved the condo and was willing to sacrifice the convenience, safety, and nightlife of Hoboken to live there. There's no way, however, that I'm going to pay 10K a year for NOTHING - no land, no award winning schools, just an almost an extra $1,000 out of my pocket each month. For that kind of money, I can afford to buy a unit that is $100,000 more in Hoboken and at least my money is going toward an investment, not corrput beuracrats!