Have you noticed yet a climb in your real estate taxes?? Our assessments remain high as a result of the increase in values of a few years ago.
Now our Governor has reduced the State Budget and stripped many municipalities of State aid used towards education.
The municipalities are pulling their "emergency buttons" rather than make substantial cuts in expenses.
Seems now the shortfall was thrown on us.
Irvington just hit us with a 17% tax increase. In my hometown the increase is 9%.
For an average family this can kill us. For an investor, it drops the value of our property even further than it has fallen............