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Commercial Real Estate In New Jersey Is Rented Despite Property Taxes

Commercial Real Estate In New Jersey Is Rented Despite Property Taxes

Submitted by • July 12, 2013 jerryterrizo1013.soup.io

Many factors are behind why economist labeled 2012 as the year residential real estate finally had recovered and wasn't in danger of another slow down. However on the commercial side of the house, things are not as rosy due to a glut in available commercial properties. Yet in spite of the various issues facing commercial real estate, analysts have been surprised to find while most companies are renting instead of owning,property tax revenue rose in 2012.

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