Homeownership is a big financial responsibility, especially in New Jersey. With an average property tax rate of 2.44%, homeowners in the Garden State must plan carefully for their regular tax bills. Some homeowners choose to set aside money every month for their tax bill, while others pay their tax bills through their monthly mortgage payment.
Whether you're building a home or buying a pre-existing home, very likely home insurance will play a role in the experience. If you're getting a mortgage, your lender will require you to pay for a home insurance policy. Even if you're not getting a mortgage, home insurance in NJ is still important. Knowing how NJ home insurance can protect you from financial disaster, and which companies offer the best homeowners insurance in NJ, can help you decide whether to get a policy and from what company.
