Skip to content
Subscriber Only

New Jersey Property Taxes Rise to Record as Growth Slows

New Jersey’s average residential property-tax bill rose 1.6 percent to a record $7,885 last year as most towns abided by Governor Chris Christie’s 2 percent cap on the levies, slowing the growth rate, according to state data.

The average homeowner paid $126 more than in 2011, the smallest increase in at least five years, according to the Community Affairs Department. New Jersey residents pay the nation’s highest average real-estate levies, according to the Washington-based Tax Foundation.