Give it plenty of thought before moving out of New Jersey
It’s been a hot topic for years. "Property taxes are too high here and I want to get out!"
It seems to have gotten to be an even more popular discussion lately. Perhaps people are realizing they can get a lot more for their house than they ever could before.
Maybe it’s the fact that a lot of baby boomers are looking to retire and move to a more affordable state. It could also be that a lot of boomers' kids have found greener pastures outside of New Jersey, and these folks want to be closer to their kids and grandkids.
It's a hot topic in New Jersey
One of these discussions took place on our local NextDoor app. One resident posted a complaint about property taxes and the fact that they’re looking to move out of New Jersey and asked for suggestions. This topic got more comments than I’ve ever seen on any subject on that app. About 450 people chimed in.
One of the few things to consider is the fact that some southern states tax your automobile as personal property. That could be around $400 a year. It doesn’t come close to an average of nearly $9,000 a year in property taxes.
Especially if your property taxes in a southern state are somewhere around $1,200. One of the main complaints from people who move out of New Jersey, especially to Southern states, is the food! Bread, pizza, bagels, and any sort of authentic ethnic food like Italian seem hard to find.
What you miss the most
Then, of course, don’t forget the three F’s, family, friends, and familiarity. All the places we're used to going to for basic needs or entertainment are completely different.
The newness wears off for many. Then there’s family and friends. You'll want to have that spare bedroom so that when you’re begging your friends or family to come down and visit, they will have a place to stay.
Yes, property taxes here are outrageously, ridiculously, heinously and unbelievably high. Barring some sort of political miracle, it will probably never change. If you can find a way to make it work living here in New Jersey and then travel to some of those cool places you hear about on a vacation. That’s probably the way most of us will do it.
Where else would you go?
On the other hand, if you absolutely positively have to get out of New Jersey here are a few of the best places to retire in 2023.
Then of course there’s overseas or at least another country in this hemisphere.
There are a lot of great places around the world that seem like good places to live, but the one thing that keeps most of us here in New Jersey from making a big move is, it’s home!
LOOK: Here's where people in every state are moving to most
Gallery Credit: Amanda Silvestri
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Opinions expressed in the post above are those of New Jersey 101.5 talk show host Dennis Malloy only.
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