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Property tax cap growing weaker across North Jersey; more towns than ever exceed 2% limit

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file photo by Boyd Loving

BY DAVE SHEINGOLD AND JOHN C. ENSSLIN
STAFF WRITERS |
THE RECORD

Reforms enacted in 2011 to keep the nation’s highest property taxes in check are showing signs of weakening as a growing number of New Jersey towns fail to stay within the 2 percent cap on increases that formed the cornerstone of the effort.

 

https://www.northjersey.com/news/property-tax-cap-growing-weaker-across-north-jersey-more-towns-than-ever-exceed-2-limit-1.1526980