Posted on

N.J. property taxes hit another new high in 2016

Sweeney & Prieto

By Susan K. Livio and Carla Astudillo | NJ Advance Media for NJ.com
on January 25, 2017 at 2:56 PM, updated January 25, 2017 at 7:01 PM

TRENTON — New Jersey’s infamously high property tax bills topped $8,500 per home in 2016, a 2.35 percent increase over the previous year, according to figures released Wednesday by the Department of Community Affairs.

Property owners paid $8,549  — $196 more than they did in 2015 when the average tax bill rose about 2.2 percent, according to the analysis.

The average residential bill has risen from $8,161 in 2014 to $8,353 in 2015 to $8,549 in 2016.

Each year, the average bill set a new high bar for what Garden State property owners

 

 

https://www.nj.com/politics/index.ssf/2017/01/average_property_tax_bill_reached_85k_per_home_in.html