Quote: Originally Posted by norcaltransplant Have you looked at property taxes in Long Island or Northern NJ? 20k+ for $1m homes. At 5.5% for a 800k jumbo mortgage, the mortgage is 5-6k but the taxes are almost 2k... per month!!!! NJ is pretty brutal in general. Must be why so many big timers live here.
6/23/10 at 4:58pm