Monday, July 2, 2018

Something we take for granted in New Jersey - Where Residents Pay Buckets of Money—for Water

We are the New Jersey title insurance agent for you! For your next commercial real estate transaction, house purchase, mortgage refinance, reverse mortgage, or home equity loan, contact us, Vested Land Services LLC. We can help.

From WSJ.com:

Where Residents Pay Buckets of Money—for Water

Who thinks of how much we pay for water?  In New Jersey and New York, residents pay reasonable amounts for the essential supply of water that we need. But, in California, not necessarily so.  From the WSJ, a comparison:

In the ritzy Long Island beach community of Southampton, N.Y., the average home runs about $1.4 million and a pound of lobster salad costs around 100 clams. Good thing for homeowners that their water bills are likely to be low. The average Southampton resident pays just $54 a month.
Meanwhile, residents in tony Pebble Beach, Calif., shell out $601 a month, on average, for their water.
Spread Sheet asked real-estate data firms ATTOM Data Solutions and UtilityScore to compile average water and sewage bills for almost 11,000 cities across the country. The results are a tale of two coasts: Homeowners in some of the wealthiest enclaves on the California coast pay buckets of money for their water relative to what Hamptons residents pay.
In addition to Pebble Beach, a number of upscale oceanside California communities like Carmel ($506), Santa Barbara ($469), Monterey ($439) and Malibu ($251) have some of the nation’s highest water bills. Long Island enjoys some of the lowest—even exclusive Hamptons communities like East Hampton ($50), Water Mill ($56), Sag Harbor ($54) and Montauk ($49).
Read the full story at WSJ.COM

For your next title order or
if you have questions about what you see here, contact
Stephen M. Flatow, Esq.
Vested Land Services LLC
165 Passaic Avenue, Suite 101
Fairfield, NJ 07004
Tel 973-808-6130 - Fax 973-227-0645
E-mail sflatow AT vested.com

#NewJersey #titleinsurance
Sphere: Related Content

No comments: