Are N.J. towns that welcomed legal weed getting higher property values?

Towns that embraced New Jersey’s shift to legalized marijuana sales may have helped to boost home real estate values, according to a study conducted by Rutgers New Jersey State Policy Lab.

Those municipalities have seen average home sales prices increase by 1.6% more than in towns without legal weed sales, the study found. That amounts to $6,366 in higher real estate prices.

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