How can taxes in New Jersey be a beautiful thing you ask? I’ll tell you why in one word…. RATEABLES! What are rateables you ask? It basically breaks down to the companies and businesses present in a given town. If  you’re a mega sized corporation and you have your headquarters in a given town then you are taxed a high level. The corporation pays a large sum in property taxes but a corporation doesn’t have use for many of the towns services. Sure they may need police and fire service from time to time but a corporation doesn’t go to school.

The high level of taxes and low need of town services make for lower taxes for the rest of the towns residents. In Bridgewater for example, there are countless pharmaceutical corporations who call Bridgewater home. This allows and creates a high number of rateables. This also allows for lower taxes for me and every other resident in town.

If you don’t believe me look at any property listing for Bridgewater and then look at a similar place in Raritan. You will see a noticeable difference in the yearly taxes thus making the property a little harder to manage.

For all you sellers, this is a major point that needs to come across to potential buyers.

With this being said, look at some properties on my website and we can go over everything I just wrote about in greater detail.

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