STS BBNJ 08805 & VICINITY FORUM - - NOW 12 YEARS ONLINE 2008-2020

Had the state’s new 2-percent limit on property tax increases been in effect last year, most New Jersey towns wouldn’t have been in compliance.

In fact, most would not even have been close.

A Star-Ledger examination of taxation around the state found that local taxes jumped 7 percent last year. Fewer than a quarter of New Jersey towns had increases of less than 2 percent.

Here is the link: http://www.nj.com/news/index.ssf/2011/01/nj_local_taxes_jump_average_of.html#incart_mce