So if the home you own today has taxes of $24,000 per year (which as a resident of Colonia tells me that the home must be a very expensive one), then the future taxes should present no more of an impediment to selling than they would today, all other things being equal. By the way, I think that a 5% increase per year is a bit on the high side.
I hope that this helps.
Larry Mraz, Prudential New Jersey Properties 732-715-5849 (cell)
Note: If $24,000 taxes don't bother you now, do you think $36,000 will 10 years from now?
In ranges like this the people who "can afford it" and want bad enough, will buy regardless...
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