Michael Symons at 101.5 News Radio took an in-depth look at New Jersey’s 2017 property taxes and found some good news homeowners: Property taxes as a whole rose at the smallest pace in four years, and some towns actually cut their property taxes by a lot.
Unfortunately, New Jersey property taxes are still extremely high, with an average tax bill of $8,690. And statewide, taxpayers paid over $29 billion in property taxes, including special districts.
“The average tax bill was up in 498 municipalities, including 296 where it was up by more than 2 percent, topped by double-digit increases in Sea Bright and West Wildwood,” the article states. “The average bill was down in 67 municipalities, from tiny Walpack and Loch Arbour to bigger cities like Trenton, New Brunswick and Atlantic City.”
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Biggest tax increase and decrease
Highest and lowest property taxes in NJ
