Monday, February 2, 2015

What a surprise! NJ taxes highest in the nation shore area has sharpest increase

New Jersey's average residential property tax bill, already the highest in the nation, jumped by 2.2 percent, to $8,161, according to annual property tax data compiled and released by the state Department of Community Affairs. The average tab had grown 1.3 percent in 2013, 1.6 percent in 2012 and 2.4 percent in 2011. Some of the sharpest tax increases occurred in Shore towns devastated from superstorm Sandy.

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