If you have nothing better to do, you can bid on the historic John Witherspoon homestead down in Princeton. With a measly 2.5 Million reserve, it could be had on the cheap.
But auctioning it off? Isn’t that a bit risky?
Sure, but this could be an incentive for the owners to want to pull up stakes:
|Total property tax||$145,905.74|
That’s per year. Getting out from under the carrying costs may be more of an incentive than the “desire to downsize”.