When did you move in tho? We've been in our home in Middletown for 22 years and taxes haven't doubled. They've actually lagged inflation if my memory is correct.
My buddy (wealthy investment banker
) periodically complains about his taxes and points out that the
rate in Rumson is so much better. Sure dude, go buy a 3MM home on a tiny lot and enjoy your lower tax rate.
My taxes are high but I feel like I get some value out of it. Monmouth County park system is awesome (hat tip to
@pooriggy ). My wife and I enjoy them all the time. Our daughter used to go to all kinds of county and town events when she was younger. Streets get plowed, garbage gets picked up. And so on.
WalletHub has an interesting evaluation of overall tax burden. NJ ranks 6th overall. 4th in property tax but 20th in income and 43rd in "Total Sales and Excise". We can b*tch all we want about it but sales tax hits lower income people harder. Just in sales tax, NJ comes up 30th. Everyone's favorite 'cheap' spot, FL, is 23rd. (
https://taxfoundation.org/2022-sales-taxes/).