Property Taxes Too Much For NJ Mayor
By Jeff Deminski
Here's an eye opener. The mayor of Egg Harbor Township says his property taxes are so high, he has to sell his house. The mayor. James "Sonny" McCullough, 71, bought his waterfront home in 1985 for $360,000. The property tax has gone up over the years. But last year was the breaking point. The town did a re-evaluation and the mayor's home came in at $1.1 million, which shot his property tax up by 60 % to $31,065.
According to the Townsquare News Network,
McCullough says he hopes to find another home in the township. But if he doesn’t, the couple purchased a $150,000 waterfront condominium in Florida, where the property taxes are $2,569.
How sad that this state is so screwed up it not only drives residents away who would otherwise like to stay here to retire, but even its mayors. We know property taxes are a constant problem in New Jersey.