New Jersey Residents Find Lower Tax Rates in Delaware

NJ homeowners relocating to Delaware

The trend of the last few years is undeniable: More and more homeowners are fleeing New Jersey’s high taxes and inflated cost of living and instead buying new homes in Delawareto take advantage of the low tax rates. Many New Jersey residents may already be aware of the biggest tax benefit in Delaware— no sales tax. However, they may be surprised to discover other tax-friendly benefits of living in “The First State.”

New homes in Delaware offer many tax advantages

In addition to there being no sales tax, Delaware has significantly lower real estate property taxes, no personal taxes, and no inheritance taxes for most residents. There are also no state taxes on Social Security benefits, as well as strict limits on the taxes applied to pension benefits. Some New Jersey transplants have reported paying as little as $100 a year in taxes in Delaware, after paying up to $10 thousand or more annually in New Jersey!

New Jersey is not the only state that is losing residents because of Delaware’s advantageous homeowner taxes and affordable real estate—many people, including a large number of retirees, are relocating from Maryland, Pennsylvania, Virginia, and New York as well. Additional factors that have lured homebuyers away from neighboring states include the growth of financial, banking, and other high-paying corporate jobs in Wilmington and other parts of northern Delaware, as well as top-rated public and private schools. 

More benefits for those buying new homes in Delaware

The advantages afforded to Darley Green residents don’t end there. The prime East Coast location of the Claymont Renaissance district offers the diversity of a quiet, relaxed lifestyle, abundant urban attractions, and close proximity to a variety of weekend getaway opportunities—including the gorgeous beaches of Rehoboth and other parts of Southern Delaware. State parks showcase Delaware’s natural beauty, offering an especially rich variety of water-centered activities, such as fishing, boating, and swimming. There are also historic towns, museums, public and private golf courses, and shopping centers. At Darley Green, you are only 10 minutes from Wilmington’s on-the-rise downtown cultural and nightlife scene, which features a variety of top-rated restaurants, local breweries, a performing arts center, a movie multiplex, and more. 

Townhomes for sale near Philadelphia

Living in Claymont, you are only minutes from I-95 and easy access to New York, Baltimore, and Washington DC – and Philadelphia is only 20 minutes away!

Though opportunities for weekend getaways abound at Darley Green, many residents are tempted to stay home and enjoy the relaxing atmosphere of our old-fashioned neighborhood community, with its quiet open spaces, tree-lined streets and jogging paths, and restaurants, shops, and even a state-of-the-art library all steps from your front door. Standard features, include:

  • Up to 2500 square feet of living space
  • Three bedrooms and 2 ½ bathrooms (with an option for an additional bedroom & bath)
  • Gourmet kitchen
  • Walk-in closets
  • 1-2 car garages
  • Energy efficient gas heating
  • Classic exterior styling
  • Professional landscaping
  • Maintenance-free living

See new homes in Delaware for yourself

If you are on the market Philadelphia townhomeswithout the big city p, or looking to relocate from New Jersey to tax-friendly Delaware, you can’t afford NOT to check out the model homes for master-planned community Darley Green. Model homes are available for viewing every day from 11AM-6PM. To find out about our special financing programs, including low down payments and closing cost assistance, or to have any your questions answered, please call Amy Maluski, Community Sales Manager, at 302.655.2600.