Weehawken Township recently announced an historic reduction in its property taxes, lowering the rate from 2.23 percent to 1.49 percent — one of the lowest along the New Jersey Gold Coast.
Slated to take effect in 2018, the new rate is quickly reverberating throughout the region as buyers factor in the significant cost savings it will yield over the length of their home ownership.
At Avora, Weehawken’s signature new condominium building which features 184 waterfront residences, unobstructed views of midtown Manhattan and an impressive amenity offering, purchasers will enjoy up to $96,190 in savings over a ten-year period on a new two-bedroom residence priced at $1,225,620.