said by jeb9876:Sorry to say but Hightstown is not a good comparison to Marlboro or Manalapan areas. School ratings are worse, taxes are somehow higher but the median income is below NJ average let alone Marlboro.
It is just wishful thinking that house prices in New Jersey have not gone down from the peak,even within reasonable commuting distance to New York.
Hightstown, right down the road from Englishtown, has just completed a reassessment because of property value drops from the last reassessment in 2008.
"The reassessment resulted in an average 17 percent decrease in values, Theokas said.
About half of the boroughs properties were devalued by 20 percent or more, he said."
Just because many homeowners refuse to acknowledge reality doesn't mean that the value of their houses haven't dropped.