The ninth-smallest municipality in New Jersey, Guttenberg is a small town present in the north of Hudson County in New Jersey. Covering an area of 0.24 square miles, Guttenberg boasts a population of around 11,500, with most of the people living in tall skyscrapers present in the town.
The establishment of Guttenberg as a town occurred in 1859, before which it was a farm owned by William Cooper. For the formation of the Guttenburg, some portions of North Bergen Township. Guttenberg became a fully independent town in 1878 while taking its name from Johannes Guttenberg, the inventor of the European version of the printing press.
Guttenberg is surrounded by Hudson Palisades in the south, Woodcliff and North Bergen in the north, and shares its borders with the New York City borough of Manhattan across the Hudson River. This densely-populated town is four blocks wide, with around 20 per cent of people living in Galaxy Towers, the most famous residential area of Guttenberg. Overlooking the Hudson River, it is one of the finest examples of Hudson County real estate. Developed by Prudential Insurance Company, Galaxy Towers is a crucial part of New Jersey real estate and is located on Boulevard East. The three skyscrapers of Galaxy Towers have 1,075 apartments.
Average Price reflects the average price of single family homes sold in particular town. It is calculated based on the twelve month moving average (geometric mean).
General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.
Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.
Homes Sold is the number of single family homes sold in a particular district in the past 12 month period.
Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury