The Valley Comes Alive with Food, Music and Art in West Orange NJ
If you talk about a transformation that is successfully moving from paper to reality then you must be talking about The Valley, the mixed-use neighborhood connecting West Orange and Orange, New Jersey. I've lived in West Orange for about 7 years and I have been in this area more in the past two months than I have in the past 7 years. The Valley is truly coming alive with food, music and art.
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Carol Greenberg's Client Designs with an Edge (really!)
Carol Greenberg's client Peter Buchanan-Smith had one of the worst and yet one of the best years of his life which was profiled recently in the New York Times Home section on July 1st. Very interesting read....
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NJ Passes 2% Property Tax Cap
Great News for New Jersey! The Senate passed a 2 percent cap on property taxes today. This is great news for residents who have been routinely subject to more than 7 percent property tax increases over the past decade. Click on the link posted on Tom Kean's site for the rest of the article.
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Beverly Meaux's Take on NY Times Article June 2010
West Orange taxes may make buyers pause, but we know what they are missing if they do not decide to move here.
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Beverly Meaux is quoted in the NYTimes June 2010
Sales in West Orange, NJ have been inhibited by high taxes and Beverly Meaux gives her opinion on the subject.
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Are You a United States Veteran?
If you are a United States Veteran you may want to check with your local tax assessor to see if you qualify for a reduction in your property taxes.
Millionaire Luxury Real Estate Tax
On June 28, 2004 former Governor McGreevey signed legislature to increase New Jersey's Realty Transfer Fee and created a 1% Luxury Tax paid by the buyer on sales of homes over $1 million.
On July 8, 2006 legislation was adopted to include the sale of commercial property, also paid by the buyer, on sales of income producing property sold for over $1 million.
Payment must be made by the buyer at time of closing to the State of New Jersey.
The Otteau Report
The Otteau Report is prepared as part of a continuing effort to bring a focus to the complex and highly diversified real estate market in New Jersey. The information and analyses contained in the report are based in whole or in part on data supplied by various sources including Boards of Realtors and Multiple Listing Systems. If you would like information on the lastest statistics on The Otteau Report, please call us and we will provide you with the information.
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Relocation
Towne Realty is a member of Worldwide ERC and has a relocation department which works with businesses and fellow Realtors in the area. We have handled transactions with MSI Mobility, Primacy Relocation, Hewitt Relocation, Resources Real Estate, Weichert, Prudential and William Raveis just to mention a few.
