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Hoboken Real Estate Taxes All Locations : Nationwide Real Estate Advice

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Activity 91
Showing results for Hoboken Real Estate Taxes [Clear search]
Sun Sep 4, 2011
Murphy Wilson answered:
Glad you asked. You will find great buys on the midtown direct line. These towns include: South Orange, Maplewood, Millburn, & Summit. If you need to consider schools Millburn schools were rated number ONE in New Jersey and you will see that reflected in their home prices. That is not to say that any of the other towns have mediocre school systems. They just aren't number one.

There are some great buys in the other towns along the train line. South Orange and Montclair have townhouses near the train stations in these communities and they offer a villagy/artsy feel to their downtown. Other towns may offer better proximity to big-box shopping or have extensive programs for youth.

Each town has its own personality and highlights. I'd be glad to discuss them with you at your leisure and help you narrow your search. Please call me!
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0 votes 10 answers Share Flag
Fri May 13, 2011
Alan May answered:
Joe, you are as baffled as the rest of the nation.
0 votes 10 answers Share Flag
Tue Aug 11, 2009
Eric Funk answered:
Unfortunately, it's not the agents. It's the home owners that don't agree with the market valuation of their home.
0 votes 42 answers Share Flag
Sun Aug 9, 2009
Walter Burns answered:
Bluesky,

I too received my Hoboken tax bill this week. The Mayor alluded his letter than came with the tax bill that he hopes to roll back the tax increases after the City budget is adopted in March. From all that I have read, the tax increases were temporary for a few tax quarters to flush the City with cash. If they will continue to be temporary remains to be seen.

I hired a local tax attorney to look at my taxes and tax assessment to see if I am assessed correctly and over-paying. You may want to consult with a tax attorney to see if your tax assessment is correct. In my situation, my attorney believes the City greatly over assessed my condo and that I am paying in excess as much as $3,000 per year in taxes. Here is the information for Joe Scanlon whom I am working with. Feel free to give him a call and see how he can help you. He will go over the tax percentages and rates with you. There is no cost or obligation to speak.

Joseph Scanlon, Esq.
Gess, Gess, & Scanlon, P.C.
89 Hudson Street
Hoboken, NJ 07030
201-610-1340 (Business)
201-610-9287 (Fax)

Also, you may want to check out this website. http://www.hobokenrevolt.com. It was formed by tax payers in Hoboken and keeps you updated on the tax situation.

I hope the information I provided helps. Please feel free to let me know if you have any additional questions.

Sincerely,

--
Walter J. Burns
Realtor-Associate
Weichert Realtors
1 Newark St.
Hoboken, NJ 07030
201-653-8488 Ext: 230
201-694-8946 Mobile
201-653-4154 Fax
wburns@weichert.com
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0 votes 5 answers Share Flag
Tue Mar 17, 2009
Jeanne Feenick answered:
Hi Raja, I would include among your search communities along the I78 corridor - specifically Basking Ridge, Warren and Long Hill. There are neighborhoods of newer homes in both communities - and both have highly rated school systems, are close to highways (78, 287) and Basking Ridge and Long Hill both access to public transportation to the city. Though Warren does not have a train station, it is close to Basking Ridge and Long Hill stations, depending on where you are in town. Watchung is another nice community, but not as many new(er) homes. Green Brook is another option we can explore. Bridgewater is another community where you can buy more for your money, but the commute will be longer.

I know this area well Raja and offer my expertise to you in exploring this area as one of your options. From all of these points, a quick drive to Summit station is also an option. Communities east of these points are fantastic but the price is higher, homes older, and lots smaller.

For starters, click on the link below to access community, school and transportation info:
http://jeannefeenick.weichertagentpages.com/Content/Content.aspx?ContentID=432232


You can search freely on my website www.feenick.com I've got a powerful IDX link to the Garden State MLS.

Let me hear from you Raja - this area I know well, I moved out from the city 15 years ago, have raised and educated my kids here in Somerset County and commutted to the city everyday until 5 years ago - my husband still does. Another plus in this 78 corridor is great access to Newark airport.

Best,
Jeannie Feenick
Search and connect at www.feenick.com
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0 votes 15 answers Share Flag
Sat May 7, 2016
Jillian Mason answered:
I used to live in Milltown in Middlesex County. It's a very cute small town with lots of activities and shops along North Main St. The north side of Milltown has a lot of older homes with charm that rarely come on the market, and the south side has a lot of 2 bedroom bungalows that were built for the workers who came to work at the Michelin Tire Factory. Very safe town, good elementary schools, and the kids go to the high school in Spotswood, the next town over. The biggest problem you'll have is finding a home there since there are only about 15 listed right now. Good luck!

Jillian Mason
Direct: 732-586-5488
E-Mail: jillian@jillianmason.com
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0 votes 34 answers Share Flag
Tue Mar 30, 2010
Dallas Texas answered:
Closing costs is based on overall sales purchase price for home. Your mortgage broker will provide you info. Buyers agent could request for seller make contribution towards your closing fees. These fees must be in you sales executed contract between buyer/seller. Title company must honor all authored terms and conditions in sales contract. ... more
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Sun Jan 4, 2009
John Sacktig answered:
Taxes are the problem. So many people are getting hit with huge tax bills.. and it is such a brief issue for the politicians.. either way they come and get you with no mercy. But, it is what it is.. Hoboken is great, but if the taxes are hurting you.. find another place. ... more
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Wed Oct 29, 2008
Anoir Redouane answered:
Dear Marty,

How are you? I hope all is well.

I just got of the phone with the tax assessors office this morning and the lady that I spoke to mentioned that the increase would be 22%, instead of the 47% percent published in the Reporter.
I believe that the tax rate increase will have somewhat of a negative impact for home sellers in a few different ways; First - It will drive home prices further down, since the the monthly payment will increase when looked at the principal mortgage payment and interest, insurance, TAXES and maintenance fee. Second - buyers will be able to afford less "home", because of this, which will drive down the sales even more. As strange as this may sound, because of the fact that there isn't much of an activity in the housing market as it is and that home prices were heading south overall in Hoboken, will camouflage the impact the tax rate increase will have on the Hoboken Real Estate market. In the long run though it will actually aid in terms of having buyers be able to buy a home in Hoboken, since the lower price points should encourage propsective buyers. This all said, when one is qualified to buy a condo in Hoboken and one thinks that it's the right time and the right home to buy, I don't think that the tax rate increase will stop them from going ahead, because the drop in home prices will balance out the tax rate increase. In all, the things that are going on in the overall Real Estate Market and the Economy are having such a bigger impact that this tax rate increase is not as noticable as it would have been in a robust Real Estate Market.

The thing I must add though is that it will be much harder for homeowners that are already stretched thin because of an exotic mortgage that they obtained two or three years ago and is set to adjust soon. The tax increase to these homeowners will be devastating, because it will put them over the edge in terms of covering their monthly home expenses and thus put them in Pre-foreclosure. This unfortunately is already happening to some homeowners in Hoboken.

Please let me know if you know anyone that is "upside down" on their mortgage, In addition to our conventional business,Eddie and I specialize in aiding homeowner that are having problems paying their mortgage. We have made the financial and educational commitment to earn the prestigious CDPE certificate
which stands for Certified Distressed Property experts. We did this to anticipate the current Real Estate market and to stay ahead of the curve, so we can educate our clients with the right tools and techniques as how to effectively net top dollar in the current market.

Best regards,

Anoir

Certified Distressed Property Expert (CDPE)
Expertise you can take to the bank!
___________________________________________________________________________________________________________________________________________________________

Perez Redouane Property Partners
Anoir Redouane, Realtor Associate
email: Anoir@DeRuggiero.com

Robert De Ruggiero Inc., Realtors
89 Washington St
Hoboken, NJ 07030
201.222.7550 ext. 12
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Tue Feb 10, 2015
Tom Dicerbo answered:
All I know is that they are only 30% full with only 1 month to open, not a great place to be but probably gives you some leverage to negotiate. $385,000 for a 1BR plus Den seemed expensive to me( there are cheaper ones but none with views of Manhattan, also the lower floors seemed to have natural light issues). Given the comps in Union City, it seems like it would take a while to recoup your investment, if you are buying for the long haul 10 years or so you could see some appreciation. If you count the outdoor space as square footage they are under $400/sq ft. which is great for a new lux building, problem is the fact that it's in Union City, not JC Waterfront, Weehawken or Hoboken. I went to check it out a couple of weeks ago and don't get me wrong I thought the building was really nice. The layout of the 1Br plu sden was really good was really good. Gym was a little small but other than that I thought it looked great. Wasn't crazy about the hill that it was on since walking down toward the waterfront in the winter could be seriously treacherous, also parking for guests seemed limited.

If that 1BR was $300-$325,000 I'd be more interested.
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0 votes 19 answers Share Flag
Thu Oct 2, 2008
Jack Vollenberg answered:
Hi Jen,

Honestly, if you push hard enough and shop around you will find a broker who is willing to work for you for a lesser percentage. However, one of the things to keep in mind is that that 6% in reality represents your marketing and incentives budget. When you start cutting into that budget you run the risk of lesser services from your broker and they probably will not always advertise to you that they are doing less for you than full fee clients. And even then in this current market you may still lose money on the sale.

My advice would be to find yourself a broker that you are comfortable with who will honestly tell you what services you get at different fee levels. Good luck.

Jacobus "Jack" Vollenberg
RE Appraiser/RE Sales Associate
Vollenberg Appraisers/ERA Statewide Realty
Vollenberg@iname.com
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0 votes 8 answers Share Flag
Thu Oct 30, 2008
Dallas Texas answered:
Contact a mortgage broker pre-approved for a loan, then work with realtor providing specifications home you like to purchase.
http://www.lynn911.com http://www.homes-for-sale-dallas.com ... more
0 votes 9 answers Share Flag
Sat Jun 1, 2013
Pascual Paul Tarrats answered:
Dear Titus, There is, but the indoor garage is a slightly difficult order to fill. e-mail me at Paulmvp@aol.com and I will help you search. If it's out there, I will find it.
0 votes 18 answers Share Flag
Wed Feb 18, 2009
Laura Giannotta answered:
You might want to check out Long Hill Township, Chatham, New Providence, Summit, or Maplewood. All are close to the train line and have a nice sense of community.

If you check out municipal websites you can get a pretty good idea of the towns themselves. Also the NJ Department of Education website can provide a wealth of info on schools and school districts. ... more
0 votes 13 answers Share Flag
Thu Jul 24, 2008
Jeanne Feenick answered:
Hi Theresa, Jeannie Feenick with Weichert Realtors here. There are loads of options available to you - one community that comes to mind is Bedminster given its relatively low tax rate. Train service is availabe nearby and there are many condo and townhome options availabe in what is called "The Hills", one of, if not the largest Planned Unit Development (PUD) in the country. There are two sides, the Bedminster side and the other is the Basking Ridge side. The later is priced higher and taxes are bit higher as well.

I will be back to you with more specific feedback given your specifications, but for now I wanted to respond with an encouraging note and express my sincere interest in assisting you with your search and purchase.

I invite you to visit my website http://www.feenick.com where you can search for properties and connect to helpful info and links. You'll find the NJ transit link there among others. You can reach me from here, from my website or call my cell 908-337-0943.

Best,
Jeannie Feenick
Weichert Realtors
Cell 908-337-0943
www.feenick.com
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0 votes 9 answers Share Flag
Fri Jun 20, 2008
Vita Strakhman answered:
Olga you never mentioned your price range. Bergen county is very close to NYC. If you contact me directly and give me your specifications, I will send you a link in your price range.
0 votes 16 answers Share Flag
Tue Jun 10, 2008
Joanne Malo answered:
Michaela, Contact the local office of a nationwide realty firm such as Prudential and speak to their relocation manager. She or he will recommend 3 experienced agents who work in your desired areas.
The agents should contact you within 24 hours and answer your questions about schools, commuting, market pricing,taxes. and locations. Also, they will email various examples of local housing and community profiles.

Set up appointments with each of them for a look-around, and learn the market with them.
After your second trip to an area, you should know where you do not want to live, and can then focus
on finding a house. It may just be one of your three choices, which will make your job easier.
If any of the agents are not satisfactory, call the relocation manager again for another agent to work
with you. Good Luck!
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0 votes 3 answers Share Flag
Mon Feb 28, 2011
Marc Paolella answered:
No the mortgage crisis is not over. Far from it. It is still very difficult for people without down payments to get mortgages. As to values, nobody can predict. If the necessity of price appreciation is a vital factor in your purchase decision, it is a bad time to buy. If you simply want a home and plan to live in it for 5 years or more, it is a good time to buy. ... more
0 votes 19 answers Share Flag
Wed Aug 7, 2013
Marc Paolella answered:
Hi Christina,

The first consideration is commute time and method. If your husband is willing to take a train and travel between 60-90 minutes, you have a million options. If he only wants to drive himself in and keep it at 45 minutes or less, you still have options, but they are going to be expensive.

Keep in mind that commuting time is VERY IMPORTANT and you tend to get some pretty dramatic under-estimates on how long it takes to get into Manhattan. Everybody seems to be selling the area they live or work in which may or may not be in your best interest.

So why don't you speak to your husband and post back with your commuting time limits and whether you would entertain taking public transportation. A good deal of your quality of life will be tied to this number.

Once we know your method of commuting and your maximum time limit, we can suggest some communities that will be suitable.

-Marc
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0 votes 28 answers Share Flag
Thu May 1, 2008
Zack answered:
Victoria, an almost identical question was just asked, here are the answer I provided.

http://www.trulia.com/voices/Market_Conditions/I_will_be_in_New_York_to_study_for_years_should_-29675-- ... more
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