>Special Report: Did N.J. property tax reform help most taxpayers?
New Jersey homeowners paid an average of 2.4 percent more for property taxes in 2011, the smallest increase in nearly two decades, showing Gov. Chris Christie’s push to restrain local levies might be working.
A Star-Ledger analysis of taxes in all 566 New Jersey towns shows the average property tax bill was $7,758 last year, an increase of about $182 from 2010.
Although more than 82 percent of the towns saw some increase in their average property tax bills last year, the 2.4 percent increase was a significantly slower rate of growth, the newspaper found. In 2010, property taxes rose 4.1 percent and year-over-year increases topped 7 percent for three consecutive years in the middle of the past decade. (DeMarco and Sagara, The Star-Ledger)
