Boston cono taxes

Boston condo taxes

The BBJ has a great list (scroll to the bottom) of the highest property tax rates in Massachusetts, for both residential and commercial rates.

First, the good news (somewhat): Boston ranks 243rd of all towns and cities in the state in terms of residential rates, at a 13.4 percent. The city’s commercial rate is $31.97, making it at 19th highest commercial rate in the state.

Now, the bad news (if you live in Longmeadow or own commercial property in Everett): Longmeadow’s residential rate of 21.54 percent was the highest in the state, while Everett’s commercial rate of $43.04 made it the highest commercial rate in the state, according to the BBJ’s survey.

Not surprisingly, communities with a lot of commercial space, as long as they don’t gouge commercial owners like Everett appears to do, tend to use their commercial-property revenues to keep their residential rates lower, such as Cambridge (233rd highest residential rate, 78th highest commercial rate) and Waltham (229th highest residential rate, 21st highest commercial).

Maybe Everett can learn a thing or two from those communities. Its commercial tax rate is absurd.

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Updated: 1st Quarter 2018.

Author Profile

John Ford
John Ford
EXPERIENCE

Over the course of 20 years in the Boston downtown real estate market, John represented and sold numerous, condominiums, investment and development properties in Greater Boston and in the surrounding suburbs



In addition to representing Boston condo buyers and sellers, John is currently one of the most recognized Boston condo blog writers regarding Boston condominiums and residential real estate markets. John's insights and observations about the Boston condo market have been seen in a wide variety of the most established local & national media outlets including; Banker and Tradesman, Boston Magazine The Boston Globe, The Boston Herald and NewsWeek and Fortune magazine, among others.



HISTORY

For over 24 years, John Ford, of Ford Realty Inc., has been actively involved in the real estate industry. He started his career in commercial real estate with a national firm Spaulding & Slye and quickly realized that he had a passion for residential properties. In 1999, John entered the residential real estate market, and in 2000 John Started his own firm Ford Realty Inc. As a broker, his clients have come to love his fun, vivacious, and friendly attitude. He prides himself on bringing honesty and integrity to the entire home buying and selling process. In addition to helping buyers and sellers, he also works with rental clients. Whether you’re looking to purchase a new Boston condo or rent an apartment, you’ll quickly learn why John has a 97% closing rate.

AREAS COVERED

Back Bay

Beacon Hill

Charles River Park

Downtown/Midtown

North End

South End

Seaport District

South Boston

Waterfront

Brookline

Surrounding Communities of Boston
Contact
John Ford and his staff can be reached at 617-595-3712 or 617-720-5454. Please feel free to stop by John's Boston Beacon Hill office located at 137 Charles Street.




John Ford
Ford Realty Inc
137 Charles Street
Boston, Ma 02114

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