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Property taxes went up last year, but modestly

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Christie announced a 1.9 percent property tax increase for 2013
Christie announced a 1.9 percent property tax increase for 2013 - ()

New Jersey, with already the highest property tax in the nation, saw a 1.9 percent increase on average last year, Governor Chris Christie said Thursday.

Before the governor was set to begin a town hall meeting in Mount Laurel this morning, his office released preliminary data that shows more than 80 local governments and school boards out of more than 1,100 saw their taxes decrease last year and roughly160 had increases less than 1 percent.

Controlling the property tax burdens for the Garden State has always been a major focus for the governor.  Last month, he presented a $34.5 billion budget that called for no new taxes.  And in his first term, he signed a law capping the property tax increased to 2 percent, even though governments are allowed to exceed that limit for a number of reasons.

An Associated Press analysis last year showed that the average property tax burden rose 13 percent with rebates and relief programs. 

In 2011, the property taxes on an average house in New Jersey cost more than $8,000, the AP reported.


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Emily Bader

Emily Bader

Emily Bader is the Web Editor and Social Media Coordinator at NJBIZ. She is a Brielle, N.J. native and a Rutgers University alum. You can contact her at emilyb@njbiz.com.

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