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Property Taxes News: Property tax drop: NJ towns share their strategies

Garden State municipalities saw their average property tax bills increase by an average of 2.2 percent in 2014, but some actually managed to deliver a drop in property taxes to their residents, which is not an easy task in a tax-heavy state like New Jersey.

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Summary of the Article

Garden State municipalities saw their average property tax bills increase by an average of 2.2 percent in 2014, but some actually managed to deliver a …

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Article

Garden State municipalities saw their average property tax bills increase by an average of 2.2 percent in 2014, but some actually managed to deliver a drop in property taxes to their residents, which is not an easy task in a tax-heavy state like New Jersey.

Steven Fulop
Jersey City Mayor Steven Fulop (AP Photo/Julio Cortez, File)

According to the Christie administration, more than 85 towns, school boards and other local entities experienced a drop in taxes from 2013 to 2014.

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first published: 2015-03-08 04:07:30[otw_is sidebar=otw-sidebar-2][otw_is sidebar=otw-sidebar-11][otw_is sidebar=otw-sidebar-3][otw_is sidebar=otw-sidebar-5]