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OT: Real Estate Question - Toms River/Brick and area

Revisiting. Stay away from these towns (including Jackson, Wall, and Toms River). The state wants to force them to build a lot more. For everyone affordable unit, the developer is allowed to build at least 4 market rate units. So, a mandate of 1,000 new affordable homes equals 5,000 in total.

 
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Revisiting. Stay away from these towns (including Jackson, Wall, and Toms River). The state wants to force them to build a lot more. For everyone affordable unit, the developer is allowed to build at least 4 market rate units. So, a mandate of 1,000 new affordable homes equals 5,000 in total.

Colts neck finally got forced to build them, right across from the high school
Shocked that actually got through
 
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Revisiting. Stay away from these towns (including Jackson, Wall, and Toms River). The state wants to force them to build a lot more. For everyone affordable unit, the developer is allowed to build at least 4 market rate units. So, a mandate of 1,000 new affordable homes equals 5,000 in total.



Affordable housing destroys schools and neighborhoods.
 
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Exactly
That, and the fact that it's literally right across the street from the high school, makes it even more surprising
Seems like bad planning, but maybe there was some logic to it. Just gotta keep fighting! Trenton is obsessed with destroying all nice towns.
 
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Lived in far Western NY, and before moving, was excited because it was cheap.
Lived in Cincinnati area, including Indiana, and before moving, was excited because it was cheap.
Lived in North Carolina, and before moving, was excited because it was cheap.

We did not last more than 2.5 years in any of those places, because they were boring, had crappy pizza, subs and food, and we found ourselves driving back to Jersey because we missed all that it had to offer.
I know of a guy who retired to Alabama, big house, then moved back to live in an apartment in Hudson County. Same reason.
 
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Hate to say it but Delaware may actually be the place we end up. But, most likely staying within a short distance from the NJ border.

We are considering a new construction around 3k sq ft, finished basement, upgrades 4 BR - 3 + bath for just under $650k. $4k tax, no state income tax...
 
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Hate to say it but Delaware may actually be the place we end up. But, most likely staying within a short distance from the NJ border.

We are considering a new construction around 3k sq ft, finished basement, upgrades 4 BR - 3 + bath for just under $650k. $4k tax, no state income tax...
Not a bad idea
Close to Philly, NJ, shore, NYC, etc.

Cheap, big and brand new, but saving loads of money
 
Hate to say it but Delaware may actually be the place we end up. But, most likely staying within a short distance from the NJ border.

We are considering a new construction around 3k sq ft, finished basement, upgrades 4 BR - 3 + bath for just under $650k. $4k tax, no state income tax...
What town? Thinking about moving to Delaware due to NJ inheritance tax. I believe Delaware has an income tax.
 
I would assume that would be about average, but for everything he’d be getting for that price, that is a steal compared to New Jersey
What does that $4k get you in Delaware compared to NJ? Services are tied to taxes. What % goes to schools in Delaware. How are the schools ranked? Garbage or recycling collection at the street or do you need to drive to the dump or recycling center? Size of police force or Firefighters or EMTs? I’m interested if there is a full comparison. And I know each town in NJ provides different services but what does Delaware usually provided.
 
What does that $4k get you in Delaware compared to NJ? Services are tied to taxes. What % goes to schools in Delaware. How are the schools ranked? Garbage or recycling collection at the street or do you need to drive to the dump or recycling center? Size of police force or Firefighters or EMTs? I’m interested if there is a full comparison. And I know each town in NJ provides different services but what does Delaware usually provided.
Great questions, and I'm not sure
Re. OP, he wouldn't be concerned with schools - so being that NJ's % of money that goes towards schools is ~70 %, I'm guessing it's less there
 
I would assume that would be about average, but for everything he’d be getting for that price, that is a steal compared to New Jersey
Not in Delaware Shore area most i have seen is 2K on the same type of property.
 
Colts neck finally got forced to build them, right across from the high school
Shocked that actually got through

Wait till you see who the developer is!

If someone is a teacher or cop in Colts Neck, I am not sure where else they are supposed to live.
 
Affordable housing destroys schools and neighborhoods.

Yeah I am not sure what is more destructive to home and neighborhood value, the affordable housing down the street from where I grew up in Monmouth County (condos under 100k for 55+) or the projects where I live now in DTJC.

All surrounded by properties probably half of which valued over 1M, LOL
 
It’s what Wall is trying to do now.

!) that won't change state obligations and 2) they already stopped the Route 18 extension to 34/35/70 pushing traffic onto local roads but I am sure they will find a new way to self own or some other species to feign concern with!

If someone is a teacher or cop in Wall, can they afford to live there? More so than Colts Neck? Sure. But still not great.
 
Hate to say it but Delaware may actually be the place we end up. But, most likely staying within a short distance from the NJ border.

We are considering a new construction around 3k sq ft, finished basement, upgrades 4 BR - 3 + bath for just under $650k. $4k tax, no state income tax...
Makes sense. I know a lot of former colleagues and neighbors that moved to DE and are very happy. Low cost, but close to NJ for family and other things. Eastern PA used to be this but all the NJ folks swamped the area and jacked up costs.
 
!) that won't change state obligations and 2) they already stopped the Route 18 extension to 34/35/70 pushing traffic onto local roads but I am sure they will find a new way to self own or some other species to feign concern with!

If someone is a teacher or cop in Wall, can they afford to live there? More so than Colts Neck? Sure. But still not great.
They went from total of 3500 units to now under 1000 they have to build.

Not bad IMO.
 
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They went from total of 3500 units to now under 1000 they have to build.

Not bad IMO.

Yes, some new townhome communities built that will allow people that grew up there to move back!

The mayor where I grew up made this point when approving townhomes. We always say we want our kids to move here...shouldn't we...facilitate that?!
 
What does that $4k get you in Delaware compared to NJ? Services are tied to taxes. What % goes to schools in Delaware. How are the schools ranked? Garbage or recycling collection at the street or do you need to drive to the dump or recycling center? Size of police force or Firefighters or EMTs? I’m interested if there is a full comparison. And I know each town in NJ provides different services but what does Delaware usually provided.

These are the questions many folks don’t think to ask themselves before bragging about how little taxes they pay when they flee NJ.

Granted OP is in a different situation / stage in life and wouldn’t be interested in schools etc.

But you get what you pay for in a lot of these states when it comes to taxes. Give it 10-15 years and Delaware won’t be as cheap as it is now as they continue to build out the roads, schools, police, public works, parks etc.
 
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!) that won't change state obligations and 2) they already stopped the Route 18 extension to 34/35/70 pushing traffic onto local roads but I am sure they will find a new way to self own or some other species to feign concern with!

If someone is a teacher or cop in Wall, can they afford to live there? More so than Colts Neck? Sure. But still not great.
Yeah, they are relegated to the West Belmar and Collingswood sections. And it's a good thing too- they are there to catch the neighborhood bank robbers who use their bicycle as their escape vehicle to peddle 2 blocks homes. This is brilliant planning on the part of Wall's town fathers and mothers!!!

As far as the Route 18- extension to the old Brielle Circle (now the Wall Interchange) would have been wasted money. Plus, the traffic on 35 South of Old Bridge Road going over the Manaquan River bridge is already bottlenecked enough.

 
They went from total of 3500 units to now under 1000 they have to build.

Not bad IMO.
Good job by Colts Neck with blocking so many housing units. Gotta keep fighting. Lots of people whine about flooding. The increase in flooding is almost perfectly correlated with increased development.
 
Yes, some new townhome communities built that will allow people that grew up there to move back!

The mayor where I grew up made this point when approving townhomes. * We always say we want our kids to move here...shouldn't we...facilitate that?!
You move/live where you can afford to go.

* A lot of parents do that. The facilitate part.
 
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I think the old adage "you get what you pay for" can be applied in most instances, but not in others.
Using Delaware as an example, there's low taxes, no state income tax for SS/Pensions, close to NJ and Philly, nice beaches, etc.

I find there's very little "character" per se there, but OP likes to be at home a lot and not always venture out (nothing wrong with that - I actually prefer that myself), making the lack of "character" not a big deal vs. someone who likes to eat out a few times week or go exploring

We know moving to Florida in the next decade, costs have already gone up. Taxes are up. Hurricanes have increased. Flood insurance, car insurance, homeowners insurance all have gone up. HOA's, if we decide to move into a community that has them, will only go up

However, it's worth it for us for a few main reasons (weather, people, no state income tax on ss/pension, relaxed life style, lovely gerography, etc.)

What I'll never understand are the people who move out of NJ, who made their money here and grew up here, lived a good life, then trash the place - no idea why they do that
 
What I'll never understand are the people who move out of NJ, who made their money here and grew up here, lived a good life, then trash the place - no idea why they do that
Because Trenton financially destroyed much of the state and they keep digging. NJ has a remarkable amount of gov'ment debt per capita and sky-high taxes. I don't see many people complaining about the shore, mom and pop restaurants, or our location.

However, taxpayers have the right and justification to trash our gov'ment.
 
Because Trenton financially destroyed much of the state and they keep digging. NJ has a remarkable amount of gov'ment debt per capita and sky-high taxes. I don't see many people complaining about the shore, mom and pop restaurants, or our location.

However, taxpayers have the right and justification to trash our gov'ment.
Government I agree complaining about
But overall, I don't get trashing a place where you've lived for the majority / your entire life (not you, but people in general) once you move out
Makes zero sense to me
 
I think the old adage "you get what you pay for" can be applied in most instances, but not in others.
Using Delaware as an example, there's low taxes, no state income tax for SS/Pensions, close to NJ and Philly, nice beaches, etc.

I find there's very little "character" per se there, but OP likes to be at home a lot and not always venture out (nothing wrong with that - I actually prefer that myself), making the lack of "character" not a big deal vs. someone who likes to eat out a few times week or go exploring

We know moving to Florida in the next decade, costs have already gone up. Taxes are up. Hurricanes have increased. Flood insurance, car insurance, homeowners insurance all have gone up. HOA's, if we decide to move into a community that has them, will only go up

However, it's worth it for us for a few main reasons (weather, people, no state income tax on ss/pension, relaxed life style, lovely gerography, etc.)

What I'll never understand are the people who move out of NJ, who made their money here and grew up here, lived a good life, then trash the place - no idea why they do that
I don't think you "get what you pay for" correlates that well to standard/cost of living (agreeing with you, I think, not arguing).

Guess it depends what you're looking for, but to bottom line it: Are people in NJ/NYC multiple times happier than people in cheaper places? Can't say I ever found that to be the case.
 
What does that $4k get you in Delaware compared to NJ? Services are tied to taxes. What % goes to schools in Delaware. How are the schools ranked? Garbage or recycling collection at the street or do you need to drive to the dump or recycling center? Size of police force or Firefighters or EMTs? I’m interested if there is a full comparison. And I know each town in NJ provides different services but what does Delaware usually provided.
at the age of 65 you get to apply for relief from School taxes. In most cases, this is 2/3 of the total tax cost.

I don't have school aged children.

Wilmington is higher taxes then the other areas as it is not as rural with nothing but new homes on farmland.
 
I don't think you "get what you pay for" correlates that well to standard/cost of living (agreeing with you, I think, not arguing).

Guess it depends what you're looking for, but to bottom line it: Are people in NJ/NYC multiple times happier than people in cheaper places? Can't say I ever found that to be the case.
I agree it all depends what you're looking for, and what makes one happy, which varies from person to person. Re. happiness and COL, I don't think people in the tri-sate area are happier than people in cheaper places (I actually think, generally speaking, people in cheaper places are happier, on a whole. for a number of reasons).
 
What does that $4k get you in Delaware compared to NJ? Services are tied to taxes. What % goes to schools in Delaware. How are the schools ranked?
1. Garbage or recycling collection at the street or do you need to drive to the dump or recycling center?
2. Size of police force
3. Firefighters
4. EMTs
I’m interested if there is a full comparison. And I know each town in NJ provides different services but what does Delaware usually provided.
1. https://www.wilmingtonde.gov/residents/keeping-wilmington-clean/trash-collection
2. https://www.wilmingtonde.gov/government/city-departments/department-of-police
3. https://www.wilmingtonde.gov/government/public-safety/wilmington-fire-department
4. https://www.newcastlede.gov/341/EMS
 
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In Wilmington- part of the higher DE tax cost is that they do have the largest FD in the State, one of the largest PD's etc...I am looking at a HOA that does do the garbage collection. HOA is only $300 a year.
Self contained neighborhood- restaurants, stores, etc - the only downside is that the lots are very small. But the homes have a ton of character. It feels like you walked into a X-Mas movie.
 
In Wilmington- part of the higher DE tax cost is that they do have the largest FD in the State, one of the largest PD's etc...I am looking at a HOA that does do the garbage collection. HOA is only $300 a year.
Self contained neighborhood- restaurants, stores, etc - the only downside is that the lots are very small. But the homes have a ton of character. It feels like you walked into a X-Mas movie.
I assume your lot in F.L. now is rather large? Also, do you have the option of adding a pool like you have now?
 
In Wilmington- part of the higher DE tax cost is that they do have the largest FD in the State, one of the largest PD's etc...I am looking at a HOA that does do the garbage collection. HOA is only $300 a year.
Self contained neighborhood- restaurants, stores, etc - the only downside is that the lots are very small. But the homes have a ton of character. It feels like you walked into a X-Mas movie.
Don't say I didn't warn you. HOA stands for Horrific Overreacting Autocrats.

Good luck with that. Never again. I'd rather live in a slum than a place run by an HOA.
 
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