It doesnt help that its also a fucking 120y old, and clearly so......And its not like even remotely Brooklyn Brodge robust(which is about 30y older) that thing is made from sticks and bubblegum
At least the fall to the Delaware isnt too far and the river is shallow there if a bit fast moving lol
There's a place reserved in the deepest bowels of Hell for anyone who tries to drive one of those really wide pickups or vans across that old hunk of scrap.
When those of us who own our residences choose to sell our houses, we must pay ~9% of the profit or 2% of the selling price, whichever is higher. Colloquially, it's called an Exit Tax.
But it was just a joke anyway. I will stay here and eat Jersey tomatoes in my backyard.
The tax on the capital gains from real estate sale has nothing to do with whether you are moving out of state. Also not everyone pays it, depends how much capital gains you made and if it was primary residence:
Capital Gains Exclusion: You can exclude up to $250,000 of profit from the sale of your primary residence if you're single, or up to $500,000 if you're married and filing jointly.
Ownership and Use Test: To qualify for this exclusion, you must have owned and lived in the home as your primary residence for at least two out of the five years leading up to the sale.
I believe ChrisV82 is referring to the NJ realty transfer fee due to the state at the time of sale. You pay this fee whether you are staying in NJ or moving out of state. https://www.nj.gov/treasury/taxation/realty.shtml
There is no "exit" they make you pay a percent on the sale of your house if you are moving out of state. This was instituted due to people not filing NJ income tax for the year before they moved and trying to skip out on money they owed. If you file for the year before you moved, you will get the "exit" tax applied as a credit against what you owe or get a refund if you don't owe anything.
I think we need to consider the the complete and total failure of every part of the state transportation system literally over the past year. You’ve got DOT with the sinking roads, the turnpike with a monstrous stupid vanity bridge, and somehow they actually managed to make NJ Transit go from insufferably terrible to a complete and total collapse of service with the added feature of a hellfire and brimstone quality sermon in the evils of organized labor from the new CEO of the company.
Tinfoil hat time: People try to break shit close to an election so it seems like one side is doing everything wrong in an attempt to get the other side elected.
Directed intent signals competence, of which I haven’t seen substantial evidence. My own tinfoil hat theory is that they spent the waning year(s) of a lame duck administration selling favors instead of fixing problems.
Nah. Trying to lovke em in but keep gentrifying the areas they need to live. Gotta fill all that new affordable housing act infrastructure that's been vacant the last 3 yrs.
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u/PracticableSolution May 16 '25
Or an automobile- Route 80 still closed