Friday, August 3, 2007

New Jersey neighborhood concerned about property value impact after discovery of contaminated soil

July 30, 2007 - Tainted soil found at West Brook Middle School months ago has some Paramus homeowners concerned that their property values will drop.

So far, there's no hard evidence that prices in the neighborhood around West Brook have dipped in response to the pesticide contamination. But those who predict a downswing feel sure that the school district's tarnished reputation for covering up the contamination can mean only one thing for property owners.

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