With the recently proposed bill that would allow New Jersey seniors to be exempt from paying capital gains taxes on the proceeds of a home sale, it appears to be getting easier to retire without leaving the state. The bill should help ease the financial pressures of living in some of New Jersey's more affluent communities during retirement. Specifically, some towns in Bergen County—while beautiful and highly desirable places to live for a number of reasons—have expensive real estate markets that make it hard for empty nesters on a fixed income to stay there after they retire.
However, with these new measures in place to ensure a comfortable retirement for more New Jersey seniors, it's a good time to explore a few of the best communities in Bergen County for retirees to enjoy themselves.
Known best for its breathtaking homes and family-friendly amenities such as a fantastic school system, Ridgewood has plenty to offer both families and retirees. This affluent town combines the laid-back atmosphere of a peaceful suburb with a close proximity to the countless amenities and opportunities in New York City. Anyone who retires in Ridgewood can spend one day relaxing close to nature in their lovely suburban home and the next day in the big city doing whatever their heart desires. That's not to say there aren't plenty of things to do in Ridgewood, though. The town hosts an abundance of free concerts and festivals, and the selection of restaurants is great as well.
Find even more reasons why Ridgewood is a great place to retire in our separate blog.
Another peaceful town in Bergen County that maintains a close proximity to New York City is Ramsey. This close-knit community includes events that appeal to all ages, such as its local farmers market, which serves as an outlet for friends and neighbors to meet up and enjoy fresh local food from a variety of vendors. Ramsey is also a community which appeals to active retirees, as there are over 150-acres of green space and a variety of walking trails that are suitable for all fitness levels.
The town also has a selection of active 55+ communities that offer wonderful recreation facilities in a safe environment. Many of these communities are also close to the town amenities, such as supermarkets, restaurants, and retail outlet stores.
Glen Rock is one of the safest towns in all of New Jersey, let alone Bergen County, but that's far from the only reason you should consider retiring here. This welcoming town also has a reasonable cost of living and has plenty of organizations for seniors to get involved in. Veterans, rock gardeners, square dancers, history buffs, and pretty much anyone interested in meeting new people can join a group of like-minded individuals and enjoy a new or existing hobby. The shopping district and numerous outdoor sports facilities are other great places to meet people in this ultra-friendly suburb.
This charming lakefront community is ideal for those seeking a quiet retirement in the countryside, while still residing in an upscale home in an environment where you can be active in the community if you choose to do so. The High Mountain Golf Club is a great way to meet new people while hopefully shaving a few strokes of your golf score and the Franklin Lake Nature Preserve is a perfect place to relax and enjoy a picnic or take a stroll by the water and through the colorful trees. There are also several other lakes and ponds in the Franklin Lakes area for residents to swim and fish at.
|If any of these communities appeal to you, get in touch with the experts at Tarvin Realtors to begin your property search. Whether you're looking to buy a new home for your retirement or sell your existing home first, Tarvin Realtors is here to help. There is no better team of dedicated and professional agents to assist you whether buying or selling Bergen County real estate.||CONTACT US|