| Author |
Message |
| cranburyB-8379 |
 Posted: Tue, Apr 28 2015, 5:33 am EDT Post subject: Re: One of the best - or rather THE best - small towns in NJ |
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| You can call town hall and have your home reassessed - especially if it sells for significantly less than the assessed value - when we had ours done they told us the aim for 20% of the properties each year - so the entire town should be looked at in 5 years , in theory. |
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| anon-052s |
| Posted: Mon, Apr 27 2015, 10:55 pm EDT Post subject: Re: One of the best - or rather THE best - small towns in NJ |
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| anon;oq4s-n68r wrote: | | Yes the taxes are a problem and the assessments do not reflect the actual value of your home. There was a sale just recently of a home assessed at $989,400. The home sold after a year on the market for $858,000. This happens time after time . I wonder if there is a reason the committee doesn't try to resolve this. Could it be because the taxes for the four out of five committeee members who pay taxes are so low? |
OK, I'll bite... What's your proposed resolution? |
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| anon-052s |
| Posted: Mon, Apr 27 2015, 10:52 pm EDT Post subject: Re: One of the best - or rather THE best - small towns in NJ |
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| anon-011q wrote: | | anon-052s wrote: | | anon-011q wrote: | Nice. 
Cranbury homes were the best buy before the re-assessment of home value. I bought one in 2002 that had about $8,000 property tax; now, it's about $14,000!
I wish my salary could increase like that.  |
So your taxes went up an average of about 4% per year?
Any improvements to your property during that time? |
+finished basement. |
It sounds like a relatively moderate rate of increase (relative being the operative word). How much was your home in 2002 and how much do you think it's worth today? |
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| anon;oq4s-n68r |
| Posted: Mon, Apr 27 2015, 9:17 pm EDT Post subject: Re: One of the best - or rather THE best - small towns in NJ |
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| Yes the taxes are a problem and the assessments do not reflect the actual value of your home. There was a sale just recently of a home assessed at $989,400. The home sold after a year on the market for $858,000. This happens time after time . I wonder if there is a reason the committee doesn't try to resolve this. Could it be because the taxes for the four out of five committeee members who pay taxes are so low? |
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| anon-011q |
| Posted: Mon, Apr 27 2015, 9:55 am EDT Post subject: Re: One of the best - or rather THE best - small towns in NJ |
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| anon-052s wrote: | | anon-011q wrote: | Nice.
Cranbury homes were the best buy before the re-assessment of home value. I bought one in 2002 that had about $8,000 property tax; now, it's about $14,000!
I wish my salary could increase like that. |
So your taxes went up an average of about 4% per year?
Any improvements to your property during that time? |
+finished basement. |
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| anon-052s |
| Posted: Sun, Apr 26 2015, 11:06 pm EDT Post subject: Re: One of the best - or rather THE best - small towns in NJ |
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| anon-011q wrote: | Nice.
Cranbury homes were the best buy before the re-assessment of home value. I bought one in 2002 that had about $8,000 property tax; now, it's about $14,000!
I wish my salary could increase like that. |
So your taxes went up an average of about 4% per year?
Any improvements to your property during that time? |
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| anon-011q |
| Posted: Sun, Apr 26 2015, 1:39 pm EDT Post subject: Re: One of the best - or rather THE best - small towns in NJ |
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Nice.
Cranbury homes were the best buy before the re-assessment of home value. I bought one in 2002 that had about $8,000 property tax; now, it's about $14,000!
I wish my salary could increase like that. |
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| Susan Goetz |
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