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The Bergen County Real Estate Tax vs School Performance Mashup

jcoffey — Tue, 25 May 2010 16:47:20 +0000

If you’re moving to Bergen County for the first time and wondering which town is right for you, there is more to consider besides home values especially if you have a family. After you explore the local resources, culture and transportation options available in the different areas of Bergen County, knowing each city’s property tax rate versus local school performance can be the deciding factor in your decision. It may come as a surprise to know that the city with the highest property tax does not have the high school with the highest SAT score.

Above Average (*Please see the formula used below to calculate the tax amount.)

Englewood Cliffs – Tax: $1876 SAT: 1581

Franklin Lakes – Tax: $3148 SAT: 1696

Paramus – Tax: $3353 SAT: 1600

Old Tappan – Tax: $3654 SAT: 1735

Montvale – Tax: $4195 SAT: 1699

(click image to see bigger version)

What Our Research Shows
For Bergen County, Englewood Cliffs is the leading choice for lower estimated property taxes and a relatively high SAT score at Fair Lawn High School (1581). The leading high school for SAT scores is in Ridgewood Village at Ridgewood High with a score of 1797 closely followed by Tenafly High in Tenafly with a score of 1792. Ridgefield Park Village scored the lowest on our graph with an estimated property tax of $6422 and a SAT score of 1386 from Ridgefield Park Jr/Sr High.

2010 Bergen County Education Budget Cuts
How is your town going to be affected by the cuts to Education? Take a look below at each town in alphabetical order:

District Change in Aid

Allendale Boro -100%
Alpine Boro -100%
Bergen County Vocational -42%
Bergenfield Boro -25.3%
Bogota Boro -16.2%
Carlstadt Boro -100%
Carlstadt-East Rutherford -100%
Cliffside Park Boro -39.7%
Closter Boro -100%
Cresskill Boro -94.8%
Demarest Boro -100%
Dumont Boro -21.1%
East Rutherford Boro -71.5%
Edgewater Boro -61.5%
Elmwood Park -48.4%
Emerson Boro -100%
Englewood City -24.4%
Englewood Cliffs Boro -98.8%
Fair Lawn Boro -78.4%
Fairview Boro -13.1%
Fort Lee Boro -88%
Franklin Lakes Boro -96.6%
Garfield City -5.5%
Glen Rock Boro -100%
Hackensack City -28.5%
Harrington Park Boro -99.3%
Hasbrouck Heights Boro -73.8%
Haworth Boro -98.5%
Hillsdale Boro -75.8%
Ho Ho Kus Boro -85.7%
Leonia Boro -32.2%
Little Ferry Boro -46.8%
Lodi Borough -16.4%
Lyndhurst Twp -60.7%
Mahwah Twp -79%
Maywood Boro -57.4%
Midland Park Boro -92.9%
Montvale Boro -89.5%
Moonachie Boro -63.7%
New Milford Boro -61.9%
North Arlington Boro -52.2%
Northern Highlands Reg -100%
Northern Valley Regional -100%
Northvale Boro -100%
Norwood Boro -72.4%
Oakland Boro -100%
Old Tappan Boro -100%
Oradell Boro -93.2%
Palisades Park -46.3%
Paramus Boro -99.8%
Park Ridge Boro -100%
Pascack Valley Regional -100%
Ramapo-Indian Hill Reg -100%
Ramsey Boro -100%
Ridgefield Boro -52.4%
Ridgefield Park Twp -28.5%
Ridgewood Village -100%
River Dell Regional -100%
River Edge Boro -96.2%
River Vale Twp -100%
Rochelle Park Twp -72.5%
Rockleigh -100%
Rutherford Boro -57.4%
Saddle Brook Twp -77.5%
Saddle River Boro -100%
South Hackensack Twp -82.4%
Teaneck Twp -59.3%
Tenafly Boro -100%
Teterboro -100%
Upper Saddle River Boro -100%
Waldwick Boro -90.7%
Wallington Boro -24.2%
Westwood Regional -83.4%
Woodcliff Lake Boro -100%
Wood-Ridge Boro -71.1%
Wyckoff Twp -100%

(more news on the NJ Education Budget Cuts)

What do you take away from this information?
Obviously there has been a tremendous amount of media coverage, interest, comments as well as concern on this subject… What is your opinion? We’d like to know. Please share your thoughts and comments below. This is your opportunity to be your town’s local spokesperson!

Send me an email or call me immediately at 201-988-1393 for a personal and confidential conversation. Whether you’re considering buying or selling, we can help.

Footnotes
1. SAT scores are not the only student performance indicator. For more information, including state test scores (High School Proficiency Assessment results) for each high school, please visit NJ Department of Education.

2. *Calculation used to determine an average tax amount: average assessed home value of $250,000 x general tax rate x ratio.

3. SAT scores are based on a total score of 600-2400. The SAT test consists of three categories: math, verbal and essay with a possible score of 600 points for each category to give a possible total score of 2400.

4. The high school with the highest total SAT score for each town was used in the graph. In some cases, the highest score is a vocational school.

Great Towns on New Jersey’s MIDTOWN DIRECT Train Line: Sean Shallis interviewed on WPIX (video)

jcoffey — Fri, 23 Apr 2010 15:45:05 +0000

As promised here is the video of Sean interviewed this morning on WPIX discussing the criteria parents can use to select where to live in New Jersey.

…and here are those reports that were discussed in the news segment, showing School Budget cuts, and graphs that map Real Estate Taxes vs SAT Scores.

The Essex County Real Estate Tax vs School Performance Mashup

admin — Sat, 27 Mar 2010 15:07:01 +0000

If you’re moving to Essex County for the first time and wondering which city is right for you, there is more to consider besides home values especially if you have a family. After you explore the local resources, culture and transportation options available in the different areas of Essex County, knowing each city’s property tax rate versus local school performance can be the deciding factor in your decision. It may come as a surprise to know that the city with the highest property tax does not have the high school with the highest SAT score.

Above Average

Millburn – Tax: $4,026 SAT: 1868
North Caldwell – Tax: $4,195 SAT: 1617
Livingston – Tax: $4,700 SAT: 1714
Cedar Grove – Tax: $3,927 SAT: 1487
Caldwell Boro – Tax: $5099 SAT: 1628

(click image to see bigger version)

*Please see the formula used below to calculate the tax amount.

What Our Research Shows

In Millburn, you get the most for your money as far as low property taxes and the highest SAT score at Millburn Senior High School. In Orange City, you might pay over $3200 more in property taxes compared to residents of Millburn and the local high school, Orange High, scored 775 points lower on their SAT scores. Although SAT scores are only one element in evaluating a high school’s performance, it’s important to consider the SAT scores a high school is producing since it is still used as a considering factor in college admissions.

2010 Essex County Education Budget Cuts

How is your town going to be affected by the cuts to Education? Take a look below at each town in alphabetical order:

District Change in Aid

Belleville Town -11.3%
Bloomfield TWP -18.6%
Caldwell-West Caldwell -100.0%
Cedar Grove TWP -95.1%
City of Orange TWP -05.1%
East Orange -05.1%
Essex Co Voc-Tech -09.5%
Essex Fells Boro -100.0%
Fairfield TWP -97.6%
Glen Ridge Boro -100.0%
Irvington TWP -05.8%
Livingston TWP -100.0%
Milburn TWP -100.0%
Montclair Town -60.7%
Newark City -05.4%
North Caldwell Boro -100.0%
Nutley Town -34.1%
Roseland Boro -85.6%
South Orange-Maplewood -80.9%
Verona Boro -95.1%
West Essex Regional -89.4%
West Orange Town -63.6%

(more news on the NJ Education Budget Cuts)

What do you take away from this information?

Obviously there has been a tremendous amount of media coverage, interest, comments as well as concern on this subject…but what is your opinion? We’d like to know. Please share your thoughts and comments below. This is your opportunity to be your town’s local spokesperson!

To search for available properties in these cities, please visit our Essex County Property Search page.

Whether you’re considering buying or selling, we can help. Send me an email or call me immediately at 201-988-1393 for a personal and confidential conversation.

Footnotes
1. SAT scores are not the only student performance indicator. For more information, including state test scores (High School Proficiency Assessment results) for each high school, please visit NJ Department of Education.

2. *Calculation used to determine an average tax amount: average assessed home value of $250,000 x general tax rate x ratio. Data from State of NJ Treasury.

4. The high school with the highest total SAT score for each town was used in the graph. In some cases, the highest score is a vocational school.

Chatham Schools in top 25

jcoffey — Wed, 10 Feb 2010 17:21:30 +0000

The New Jersey Department of Education today released the 2009 School Report Cards for all regular public schools and charter schools in the state.

Morris County had three schools making the top 25 list for highest average SAT scores in New Jersey, according to data released by the state Department of Education. The Academy for Math, Science and Engineering, run by the Morris County School of Technology, had the second highest average score in the state with 2077, but they had just 11 students tested in comparison with the 200 or more tested in the traditional high schools.

Visit the NJ Department of Education site to see the full report, an alphabetical ordered list of schools, by school type, or by County/District.

Read the full story.