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Re: City To Conduct First Property Revaluation Since 1988
Quite a regular
Quite a regular


Yes, new time buyers are a bit overwhelmed with all of the stuff involved in buying their first home. I'm not looking for the reveal on my one bedroom condo, but I know that I pay very little.

I bought another unit in the same neighborhood and the agent listed the real estate taxes for half of what it actually was. I caught it and I got a reduction in the sale price.

I did the leg work to appeal the assessment value this Feb and it was the best investment ($5 that saved me $1,200). Will see how the reval goes with the new property. Best of luck everyone!

Posted on: 2012/8/9 22:30
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Re: Good cheese steak downtown?
Quite a regular
Quite a regular


the secret to all sandwiches is the bread,I rarely find good bread in Jersey.Jersey bread is crap.I was at the Jersey state fair in the meadowlands and bought a cheese steak and the bread was rank.I go to the bakery on west side ave,near Virginia ave.for good bread.most supermarket bread and rolls are disgusting

Posted on: 2012/8/9 22:24
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Re: Thoughts on Journal Square and Greenville?
Home away from home
Home away from home


Quote:
I like the gritty feel


+1

HA!!!!! funny post.

Posted on: 2012/8/9 22:05
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Re: Fitness class for new mom & baby
Quite a regular
Quite a regular



Posted on: 2012/8/9 22:04
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Re: Auto Repair Shop
Home away from home
Home away from home


I had a great experience with A M Auto Repair on 6th Street. My car failed inspection (emissions) because of the catalytic converter. I took it to Sears, Pep Boys, and Firestone. I was quoted between $1500-1800. I took it to A M and they did it for a little over $900. Passed inspection without a problem. I'm definitely going to use them instead of the chain auto shops.


373 6th Street Next to the car wash)
Jersey City
(201) 795-5520

Posted on: 2012/8/9 21:35
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Re: ALERT - Dog Walker in Heights is abusing its clients dogs -
Home away from home
Home away from home


There is another one but this piece of dirt owns the dogs. He lives on Congress St. also. The two dogs are Weinmeraimers & quite nice. The older one is Duke, I don't know the younger one's name but he is the one usually on the receiving end of a kick or a punch if he farts. The owner is a drunken overweight foul tempered & mouthed pig. Animal Control says they can go after these people if you are willing to put your name to a complaint. Pictures would help also. I know the guy's name & address but since he must work nites it is difficult to catch him.

I'll get the bastard.

Posted on: 2012/8/9 21:30
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Re: Best bike route from Journal Square to 14th Street in Hoboken?
Home away from home
Home away from home


Death-defying as it is, I take the Palisade>Pat Plank>14th Viaduct route on the regular. I think it'll be the fastest route for your trip. Be prepared to use your arm to beat on the hood/sides of the Bergenline vans as they try to pin you to parked cars on the narrow section of Palisade Av. Cars on the viaduct like to fly and even when there's plenty of room to pass, many seem to prefer to lay on the horn and yell at you instead.

The waterfront route CatDog described is prettier and safer, but it's not a quick zip. Also, you're required to dismount and walk through the Hoboken Terminal area, which is not good if you're wearing cycling cleats. But Sinatra Dr is a good route once you're in Hoboken.

A good alternative might be Hoboken Avenue as Jumba recommended (I've never used it on a bike, so can't vouch) and then zig-zag to Observer Highway. Observer carries a lot of traffic, but it's not too bad on a bike, just mind the potholes/bad patches. And then use Washington>1st>Sinatra.

Posted on: 2012/8/9 21:14
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Re: Thoughts on Journal Square and Greenville?
Home away from home
Home away from home


Quote:

user1111 wrote:
GV is not for everybody and it is no where near gentrified, but it will be in the next five years, you can count on it.


RE shills have been saying this for at least 15 years.

Posted on: 2012/8/9 20:54
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ALERT - Dog Walker in Heights is abusing its clients dogs -
Home away from home
Home away from home


A friend of mine posted this on their FB page tonight and to say it is disturbing is putting it mildy, does anyone know of who's dogs this could possibly be or who the walker is?




Pet Abuse Alert in Jersey City Heights:

I just got back from a walk from Congress Street & Central Avenue in Jersey City Heights. During said walk I witnessed a dog walker kick one of the 2 dogs in his care. This took place in the vicinity of South/Sherman in Jersey City Heights. Prior to seeing this I overheard hi
m tell his partner in crime that if he only does one long walk in the middle of the day that he doesn't have to do both walks. If you live in Jersey City Heights or know someone who lives in Jersey City Heights who owns a dog(s) please let them know what I witnessed. After the guy kicked the dog I followed him until we were around other people and confronted him. He admitted to being a dog walker. In my anger I asked him how he'd like to be kicked and that I better never see him kick another animal. I tried to follow him, but lost him. I took a picture as soon as it happened, but it came out blurry because I focused in too closely trying to get a good picture. The dogs were (1) an older looking beagle and (2) Papillon black & white. The dog walker is Caucasian about 5'10" approximately 210-220lbs late teens and his friend that may or may not be a dog walker is African American about 5'9" approximately 135lbs. The dog he kicked was the beagle. Please, please, please share this with any friend in Jersey City Heights and on Facebook.

Posted on: 2012/8/9 20:51
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Re: Thoughts on Journal Square and Greenville?
Newbie
Newbie


Thanks for all the info! I guess I will have to look around and just see what works best for me. User1111 you are right haha I am 29 white and a businessman.

Posted on: 2012/8/9 20:45
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Re: Thoughts on Journal Square and Greenville?
Home away from home
Home away from home


I'm on google maps and I don't see 99 cent stores and a hollywood friend chicken....I see an urban outfitters and a HSBC...

Posted on: 2012/8/9 19:57
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Re: Best bike route from Journal Square to 14th Street in Hoboken?
Home away from home
Home away from home


I'd go down Newark all the way to Exchange Place and then bike along the waterfront over the Newport Bridge, and stick to the waterfront in Hoboken all the way to 14th st. Beautiful ride, and the safest possible route, since you're barely in any streets.

Posted on: 2012/8/9 18:02
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Re: Best bike route from Journal Square to 14th Street in Hoboken?
Just can't stay away
Just can't stay away


Head down from Palisades Ave to Hoboken Ave. Stay to your extreme left, and then right as you make left onto HA. You are travelling against traffic but the street is wide. Once in Boken stay as far west or east(depending on your destination on 14th) as possible.

Posted on: 2012/8/9 16:59
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Re: Webmaster - Why did you take down the PR parade discussion?
Just can't stay away
Just can't stay away


jeez. i'm the first person to throw out the "move to the suburbs" card over trivial stuff, but having lived along the bolivian parade route in the past i will vouch that while it is a BEAUTIFUL parade, it is unbearably loud. forget trying to make a phone call from inside your own home. the noise BEAMS through every orifice of the walls like nothing i've ever heard. you pretty much have to split town for the afternoon if you plan on being able to even think about anything that isn't the parade. i love city live and all the different events it brings to our neighborhood and i have an extreme amount of "urban patience" but i don't think that because this is a city it doesn't mean people aren't allowed to have ANY quality of life concerns. don't go away, just take the amps off of 11.

Posted on: 2012/8/9 16:27
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Re: City To Conduct First Property Revaluation Since 1988
Home away from home
Home away from home


Quote:

Roslyn wrote:
Everything you said is correct, My terminology was incorrect in a sense that the conversion created an increase in taxes.
That was my "reval"
I sure dont expect to see another 194% increase in my taxes.

However, I guess the point of the story is that wells fargo failed to tell the purchasers that there was going to be tax increases, and mislead people back in 2008.

for anybody looking to buy now, make sure the bank is evaluating what the taxes WILL be not what they are pre assement.

Lastly, i dont have a problem with my taxes going up,
I have a problem with them going up 194%

the city should be ashamed of themselves, its their responsibilty to have taxes increases or decrease in a marginal trend. They as a municipality screwed up with not maintaing the valuations and now they are springing this massive tax on everyone. SHAME ON THEM!

I was a lucky one that had the extra capital for an 194% increase, But there are alot of new people in this town that dont.

Just a disclaimer for all those looking to move to the city. the taxes are comparable and reasonable. if you are buying here now just make sure the bank puts the right tax number in.

I and a few hundred other people fall into a bracket of purchasers back in 2008.

Im out..


Actually, you can't blame the bank for this one. The bank can only look at a particular property's past history of tax payments for making escrow assumptions. It really doesn't have a way of knowing about a conversion or what the city is likely to assess in value in a conversion.

In your case, I'd say the fault lies equally with the developer and the prospective buyer. Lemme guess, this was your first home, and you were bowled over by the exposed brick, skylights and quaint layout that you barely gave a moment's thought to property tax, or failed to consider that the top floor of an ancient building might be plagued by chronic leaks. (How are the leaks over there, btw?). As I said on another thread, the first home is always an eye-opening, HUGE learning experience - been there, done that myself. Unfortunately, developers count on the naivete of virgin home buyers. That having been said, your realtor and lawyer should've stepped in and made sure you were aware that the tax would jump sharply in a conversion.

I accompanied some friends when they were looking at Dixon Mills two years ago, and when the question of taxes came up, the sales agent kind of downplayed what the likely property tax would be. He didn't outright say that new buyers would pay the same tax as the developer (that would be lying), but he certainly didn't dissuade people if they had that mistaken notion. Since I knew it was a condo conversion, I pressed him on the issue, and he proceeded to quickly spew out some mathematical formula that the city uses without really saying what the taxes would likely be if you paid X amount on the home. After the tour, I advised my friends that if they really wanted an accurate idea of what the tax was likely to be, they should visit the Tax Assessor's office in City Hall. The people there are very nice and helpful. In contrast to Dixon Mills, I went with my cousin to the sales office at Grove Pointe when it was going up. The sales agent there was really upfront about how the taxes would be set and explained it clearly. He said we were the first people to ask about the property tax in over a month - and he was astounded that more people didn't ask, especially considering how high property taxes are in NJ.

Posted on: 2012/8/9 16:21
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Re: Best bike route from Journal Square to 14th Street in Hoboken?
Home away from home
Home away from home


The 14th bridge is a bit of a drag-strip at most hours, and has very narrow lanes due to ongoing bridgework. At 5:30am it might be ok, but best to avoid it if possible.

Two alternatives: turn right off Palisade to Congress St and use the 9th St Light Rail elevator to get to Hoboken. Or turn left off Palisade to Ravine, then left again down NY Ave. That will bring you to Observer. Streets like Clinton have fairly good bicycle lanes to get you to 14th St.

Posted on: 2012/8/9 16:16
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Re: Thoughts on Journal Square and Greenville?
Home away from home
Home away from home


Quote:

I guess it all depends on what our definition of gentrified is...to me, newark ave still has a ways to go. Until those discount stores, 99 cent stores, questionable take-out restaurants, and discount chicken places (hollywood fried chicken) closes down, that area is still grimy.


You've got a pretty high bar there, that description fits 14th st & 6th ave, and you can't say Chelsea isn't gentrified!

Posted on: 2012/8/9 16:00
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Re: Thoughts on Journal Square and Greenville?
Home away from home
Home away from home


Quote:
GV is not for everybody and it is no where near gentrified, but it will be in the next five years, you can count on it.


What to put some money on that? I'll take that bet everyday of the week and twice on Sundays.

I guess it all depends on what our definition of gentrified is...to me, newark ave still has a ways to go. Until those discount stores, 99 cent stores, questionable take-out restaurants, and discount chicken places (hollywood fried chicken) closes down, that area is still grimy.

Posted on: 2012/8/9 14:34
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Re: City To Conduct First Property Revaluation Since 1988
Home away from home
Home away from home


Quote:

Roslyn wrote:
However, I guess the point of the story is that wells fargo failed to tell the purchasers that there was going to be tax increases, and mislead people back in 2008.

for anybody looking to buy now, make sure the bank is evaluating what the taxes WILL be not what they are pre assement.

Lastly, i dont have a problem with my taxes going up,
I have a problem with them going up 194%

the city should be ashamed of themselves, its their responsibilty to have taxes increases or decrease in a marginal trend. They as a municipality screwed up with not maintaing the valuations and now they are springing this massive tax on everyone. SHAME ON THEM!


Actually, in this case I believe your attorney and broker, not the city, are probably the villains. From what Jaded said of the conversion, the professionals should have known there that the taxes on your unit were going to be normalized. Your current taxes are right on the money (so to speak) to where they should be, about 2% of value, vs Yvonne who was half that and many like myself who are north of 3%.

It's funny, for all Yvonne's breast-beating for the people who taxes rose in the last reval, there's no empathy for all the less affluent people, particularly in the other wards, who have been paying 2 & 3 times the tax rate of her and her neighbors.

Ian: That's not fair. We hire lawyers to protect us in these deals, which can get insanely complicated. Not everyone is up to doing their own due diligence, even millionaires just hire lawyers. That a lawyer takes your money and leaves you exposed...well, don't get me started about lawyers!! I know someone who sold a business, and was successfully sued by the buyer after the buyer ran it into the ground. He then sued his contract attorney for leaving him exposed to such a suit, and LOST! They protect their own.

Posted on: 2012/8/9 13:00
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Re: City To Conduct First Property Revaluation Since 1988
Home away from home
Home away from home


Wow.

The willingness of people to drop hundreds of thousands of dollars just so they can own property without ever doing their due diligence astounds me.

Just, wow.

Posted on: 2012/8/9 12:42
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Re: City To Conduct First Property Revaluation Since 1988
Quite a regular
Quite a regular


Everything you said is correct, My terminology was incorrect in a sense that the conversion created an increase in taxes.
That was my "reval"
I sure dont expect to see another 194% increase in my taxes.

However, I guess the point of the story is that wells fargo failed to tell the purchasers that there was going to be tax increases, and mislead people back in 2008.

for anybody looking to buy now, make sure the bank is evaluating what the taxes WILL be not what they are pre assement.

Lastly, i dont have a problem with my taxes going up,
I have a problem with them going up 194%

the city should be ashamed of themselves, its their responsibilty to have taxes increases or decrease in a marginal trend. They as a municipality screwed up with not maintaing the valuations and now they are springing this massive tax on everyone. SHAME ON THEM!

I was a lucky one that had the extra capital for an 194% increase, But there are alot of new people in this town that dont.

Just a disclaimer for all those looking to move to the city. the taxes are comparable and reasonable. if you are buying here now just make sure the bank puts the right tax number in.

I and a few hundred other people fall into a bracket of purchasers back in 2008.

Im out..

Posted on: 2012/8/9 11:42
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Re: City To Conduct First Property Revaluation Since 1988
Home away from home
Home away from home


Quote:

Roslyn wrote:
the property was revaled twice acctualy.

http://www.zillow.com/homedetails/187 ... y-NJ-07302/88857070_zpid/

please dont stalk me ;)


Zillow doesn't show reval info. As Brewster said, the reval is in process and no one's assessed value has been reset yet as a result. You live in Dixon Mills, and what you're actually talking about is a condo conversion. What many people fail to understand in a condo conversion of an older building like that is that new condo owners will pay much higher taxes than what the previous owner paid when the building was a rental. Basically, the city will assess the value based on the purchase price of your unit and treat it as though it was new construction. People who consider buying in Dixon Mills directly from the developer can't base their tax estimate on what the developer was paying.

Also, in 2008-10, EVERYONE's escrow got seriously depleted because the city jacked up the tax rate big time (the assessment stayed the same, but the tax rate went up). I remember after one double-digit tax hike, I had something like $200 left in escrow and had to have Wells Fargo do a new analysis that resulted in $300+ in my monthly payment.

Because you bought in 2008-09, which was pretty much the peak of the market, you'll either see little change or even a slight decrease in your assessed value after the reval - provided it's done correctly. As I and many others here have said repeatedly, the reval is aimed at bringing fairness back into a highly distorted system. Many, like Yvonne, were paying disproportionately lower taxes because their homes are being taxed based on their 1987 values. In your case, your taxes are based on a 2008-09 value of your home.

Posted on: 2012/8/9 11:12
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Re: Manhattan rents experience highest rise in 5 years
Home away from home
Home away from home


Relief could be finally on the way for the Manhattan's beaten down renters.
While the borough's sky-high rents hit new heights in July, the vacancy rate widened for the second month in a row, meaning rents may have reached their tipping point.
The average rent for a Manhattan apartment was $3,459, a 3% jump from last year, setting a new record, according to Citi Habitats.

But the vacancy rate reached 1.2%, up from 1.01% in June and up from 0.86% last July.
With substantially more inventory on the market in what is usually a very busy rental month, lower rents could be around the corner.

"It was unusual that the city's vacancy rate climbed during the summer months," Citi Habitats' president Gary Malin told the Daily News.
Sarah Marshall, a 23-year-old operational manager for Target, said her apartment search went much smoother than she expected.

Marshall recently made the decision to move out of her parents' home. Within 24 hours her agent Morgan Turkewitz of Citi Habitats, found her something she liked: a studio in a walkup building on 75th St. between First Ave. and York Ave. The rent is $1,650.

"I heard the horror stories," Marshall said. "It was the easiest thing."
One reason Manhattan's inventory of rentals is growing: recent college grads who usually do their apartment hunting during the summer are putting off the search because the rents are simply too high.

At the same time, there has been an increase in the sale of starter apartments, meaning more people are choosing to buy rather than rent.
As usual, rents in Manhattan varied greatly in July based on the neighborhood.
The average rent for a one bedroom in SoHo/Tribeca was $3,761. On the Upper East Side, the same category of apartment went for $2,404 and in Washington Heights it was $1,546.

While inventory is climbing, Malin cautioned renters about getting too optimistic.
"Rents are still increasing slightly month over month," he said. "What renters really want to see is those prices start to dip, and despite the slight increase in available inventory, that just hasn't happened yet."
pfurman@nydailynews.com


Read more: http://www.nydailynews.com/life-style ... e-1.1132020#ixzz233fQAnN6

Posted on: 2012/8/9 10:11
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Re: City To Conduct First Property Revaluation Since 1988
Quite a regular
Quite a regular


I have been paying the new taxes for 2.5 years!!!!

Posted on: 2012/8/9 9:47
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Re: City To Conduct First Property Revaluation Since 1988
Quite a regular
Quite a regular


the property was revaled twice acctualy.

http://www.zillow.com/homedetails/187 ... y-NJ-07302/88857070_zpid/

please dont stalk me ;)

Posted on: 2012/8/9 9:45
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Re: City To Conduct First Property Revaluation Since 1988
Quite a regular
Quite a regular


Exactly,
In 2008 my wife and I negotiated a lease with wells fargo to purchase a home for 370,000.
After 1 year of living in the place with a mortgage of 2300 and 3,000 in taxes we were told by wells fargo that our escrow account was completely depleted and that we would need to put more money in it.
If i recall correctly we put like 7000 back in.

If you reference the attached link, not to blow my cover, but who cares im not so active, you will see that my taxes went up 194% from 2574 to 7566 between 2010 and 2011.

My taxes are paid through our mortgage, as a result of this reval my mortgage was increased by roughly 600 dollars/month.

So, if you say the reval numbers have not happened yet, they most certainly have for people that have moved in recently. we may be revaled again as part of this process but they seem to be in line with the revised tax expectations.

So there, the danger is not the people who have seen their property go up and dont want to pay there ratio in taxes, they can screw themselves.
its the people who bought very recently with an expected budget then find out they are getting an INCREASE OF @#%$&*^ 194%!!!!!!

Posted on: 2012/8/9 9:43
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Re: Webmaster - Why did you take down the PR parade discussion?
Home away from home
Home away from home


It's not a race issue here, people. Nor is it even much of a noise issue, one has to expect that when living in a city. It's the trash, numbers of people getting drunk in public AND the money our tax dollars pay for police overtime and other parade costs. I believe these parades and festivals would be better accepted if the people behaved civilly (doesn't mean quiet, just no drunken brawls), prevented so much trash from being left in the streets, and were self-supporting. Given the state of the city's fiscal situation and the fact that are property taxes have gone up again, parades are not a luxury the city can afford to support right now.

Posted on: 2012/8/9 9:31
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Best bike route from Journal Square to 14th Street in Hoboken?
Just can't stay away
Just can't stay away


I am considering training with a group of cyclists and they start on 14th Street in Hoboken in the early morning hours before work.

Does anyone know a good, safe, quick route from Journal Square to 14th Street in Hoboken.

When I ride to liberty state park I go down Newark ave but I wonder if its safe to ride down Palisade to the 14th street bridge and go that way.

I would be biking around 530 am.

Let me know your thoughts.

Posted on: 2012/8/9 9:09
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Re: Thoughts on Journal Square and Greenville?
Home away from home
Home away from home


GV is not for everybody and it is no where near gentrified, but it will be in the next five years, you can count on it. Unlike the Heights and BL. GV has two lightrail stops not just one. My real estate agent said the funniest thing "History repeats itself because no one was listening the first time" Meaning more and more folks are buying elsewhere in JC and renting downtown like it has been for the last 50 years.

The condo complexes here are gentrified 100%. I don't know knicks2013 stats and I wont assume he is young, white, and professional; who knows?

I like it for me and I plan to be here for the next five years before I leave the state. 90% of the buildings on Ocean between Fulton and Danforth have been sold to developers, I was also interested in a few of them myself.

When I first got here the average rent in my neighborhood was $650.00 for a one bedroom this has doubled only in the last 8 months. More, and more landlords are using agents to rent their apartments instead of putting signs in the window to attract new comers to the area.

Us JClisters can go on and on, bu t you really have to check out these neighborhoods yourself. When I first was thinking about GV everyone on this board said I would be shot, stabbed, and killed. I am still here and enjoying my home and my neighbors. Best of luck Knicks2013!

Posted on: 2012/8/9 9:03
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Re: Webmaster - Why did you take down the PR parade discussion?
Quite a regular
Quite a regular


Quote:
How do you know they are not from Downtown? I grew up Downtown and I can honestly say a large percentage of the parade is people from the neighborhood.


Because you can see them heading to the Path stations after the parade, like the ones who threw stones at me, while I happened to be riding my bike--in my own neighborhood.

Posted on: 2012/8/9 8:42
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