Buyer Beware: The Hidden Cost of a Home Near the Water
Many dream of owning a home near the water, but as buyers find themselves leaving the dense atmosphere of the city during these troubling times, the demand for these homes is growing and prices are rising to meet that demand. Yet for those looking to buy or sell a home in one of New Jersey’s many beach towns, there may be an added cost that cannot be found online: the one owed to the State of New Jersey as it claims ownership of the riparian that exists (or once existed) on the property. Learn how your picturesque summer home can become a nightmare, and what you can do to cost-effectively address the problems caused by a tidelands claim.