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Investing in New Jersey Real Estate

Investing in New Jersey Real Estate - 5 Things to Consider about Real Estate Taxes

Kevin Englert / December 31, 2022

Perhaps you’re ready to take the leap and purchase your first investment property. Or it could be an expansion of your portfolio. Maybe your business has outgrown your leased space, and the best option for you is to buy a new place. Here are five things to know about commercial property taxes in New Jersey when investing in New Jersey real estate:

1. Property taxes in New Jersey will be a major expense for commercial property owners.

OK, so maybe this is an obvious one, but it bears repeating and emphasizing. For many New Jersey commercial property owners, property taxes are the single biggest annual expense item. Particularly for investment properties where your NOI determines how much the property is really worth, failing to consider the impact of property taxes

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