If I remember correctly New Jersey has one of the highest home taxes in the country.
That’s right (driven primarily by school taxes); as American taxpayers tire of providing the freebies for non-contributing people, they leave. Companies also buckle under the burden and flee.
The taxes crept up while we had a lot of decent private-sector jobs; as those went overseas or south over the past 20 years homeowners were trying to pay increasing tax bills with decreasing salaries. The most lucrative jobs here now are government jobs (teachers, cops); they are our upper middle class. The retirement benefits for those “workers” are killing us now (for people who retired decades ago).