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Property taxes rose at slower pace in 2011
New Jersey’s highest-in-the-nation property taxes continued to rise in 2011, although at a slower rate than in previous years, according to figures released by the state Department of Community Affairs.
The average annual property tax bill was up $183 from 2010 to 2011, to $7,759. That’s an increase of 2.4 percent, slightly more than half the 4.1 percent increase seen between 2009 and 2010.
New Jersey has had the highest property taxes in the nation for many years. (Mikle, Gannett)