Cherry hill-Indian families

[Keroberos]

Originally Posted by Gemerf

Relocating to NJ, Cherry Hill, NJ is a great place to raise kids... Taxes are low.

Cherry Hill resident here...taxes are low? In what universe?

Cherry Hill Township Effective Property Tax Rate: 3.448%
Haddonfield Borough: 3.002%
Moorestown: 2.158%

Not even low compared to the most elite zip codes in South Jersey. Camden County itself is known for high property taxes.

[harriet1954]

Originally Posted by Gemerf

Address of property for sale 503 Lee Ann road . A must see in Cherry Hill, nj

Are you buying or are you selling? Are you a realtor? Is this post allowed on here?

[harriet1954]

I looked up the address and the taxes are suspiciously low. It's appraised at 230,000 and the selling price is $400,000. The house is over 3000 sq. feet. Something very fishy about this.

[Gerania]

Clean up on aisle 5. This guy is trying to sell his house on C-D.

[sj08054]

Originally Posted by Gemerf

Relocating to NJ, Cherry Hill, NJ is a great place to raise kids, school system is great . Kingston Estates has a large home for sale. I think it's 5-6 beds. Taxes are low.

Low is relative. How is $9K+ consider low? It's a home with recent addition so when the sale goes through, watch that property tax goes over $10K+ year.

[sj08054]

Originally Posted by harriet1954

I looked up the address and the taxes are suspiciously low. It's appraised at 230,000 and the selling price is $400,000. The house is over 3000 sq. feet. Something very fishy about this.

The only reason why it is 3000sq/ft in that neighborhood is because has a converted garaged to living space. In my observation, those type of conversion were popular 10-15 years ago and they actually hurt resale. Just look at the price history for the home.

Appraisal of homes in NJ is never really aligned with sale price. What's important is that that assessed value is aligned with the neighborhood.