For decades, shoppers from miles around have flocked to the mega malls and countless strip centers of Paramus, N.J., making the Bergen County borough a regional retail hub. But for the 26,000 residents who already live there, the best part about all those businesses is that they carry a lot of the property tax burden, giving homeowners a break.
“One of the main draws for Paramus buyers are the low taxes,” said Lisa Sammataro, a Keller Williams real estate agent in Ridgewood.
killing of George Floyd in Minneapolis, Ms. Abdulla launched a Facebook group called Progressive Paramus Women of Color and Allies; the group now has close to 300 members. “I feel pride in how we’ve all come together,” she said.
New Jersey Multiple Listing Service showed 24 homes on the market in Paramus, from a four-bedroom Cape Cod built in 1949, listed for $449,000, to an expanded six-bedroom split-level with an attached professional office, built in 1952 on an acre, listed for $2.25 million.
As the pandemic has made suburban living more attractive to many city dwellers, home prices and sales volume have risen over the past year, according to the multiple listing service. In the 12 months ending on March 15, 299 homes sold in Paramus, up 26 percent from the previous 12 months. Prices jumped 10 percent over the same period, to a median of $700,000.