Posted by Mathias NY on August 04, 2008 at 10:13:07 from (12.4.26.248):
In Reply to: O/T property taxes posted by farmer101IL on August 03, 2008 at 18:38:32:
Maybe its just me, but listing the dollar amounts of taxes without the property values is meaningless.
I know a family with a house in northern NJ (~3000sqft house on 1/4 acre) whose taxes are ~$15,000 per year (about 2%). This is due to the high land value of the area. Comparing this to a similar property away from a major city, perhaps in the middle of a corn field where property values are lower, isn't really a fair comparison.
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