NJ SHORE MAYOR PRICED OUT BY LOCAL PROPERTY TAXES
News from The Associated Press
Aug 21, 2013
EGG HARBOR TOWNSHIP, N.J. (AP) -- The mayor of a New Jersey shore town is selling his waterfront home because he says he can't afford the property taxes.
Egg Harbor Mayor James "Sonny" McCullough has lived in the township's Seaview Harbor section since 1974. He and his wife bought land and built their home for $360,000 in 1985.
The property was valued at slightly more than $1.1 million during last year's township-wide revaluation, which increased his property taxes nearly 60 percent to $31,056.
The 71-year-old mayor tells The Press of Atlantic City (HTTP://BIT.LY/16JC6Y8 ) he thought he'd be able to live and die in his home.
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