Property Taxes

What towns are paying the most in property taxes? Behold the top 10.

In his second term, Gov. Phil Murphy wants "to get us to a place where we can begin to see" property taxes reduced through things like school and pre-K aid.

Property taxes in New Jersey climbed by nearly 2% again last year, restrained by the cap but still amounting to a $583 million tax hike.

In his first term, Gov. Phil Murphy raised income taxes on the rich and corporate taxes, among others. But he said "we're done, 100%" with tax hikes.

Republican Gubernatorial candidate for New Jersey Governor, Jack Ciattarelli, was at a home in Tuckerton on Thursday for a roundtable discussion hearing the concerns of Southern Ocean County residents with regard to property taxes, affordability and how small business owners are being impacted economically.

The cap on state and local taxes that can be claimed as a deduction on federal taxes, better known as the SALT cap, has been seen as an attack on Democratic states, particularly high-tax states such as New Jersey, New York and Connecticut.

Benefits for eligible homeowners have long been based on 2006 property tax information, even as bills continued rising. The change in the budget will boost benefits $130 or more.

Property tax collections declined slightly in May, when mortgage escrows paid the bills. The pattern could be different in the second half of 2020.

In a party-line vote, Assembly approves plan to patch over steep declines in government revenues by borrowing billions of dollars to pay current expenses.

In a party-line vote, an Assembly panel voted to let counties and municipalities sell ‘coronavirus relief bonds’ to navigate the pandemic's financial fallout.