Details about this story
- Source: Bergen Record
- Date: December 17, 2006
- URL: Read the story
- Bylines:
John P. McAlpin ,
Dave Sheingold
- Topics:
Tax ,
Real Estate
- Data Types:
State Data
- Description/Excerpt: North Jersey homeowners paid more than ever -- on average 7.3 percent over last year -- in property taxes while lawmakers stumbled on their promise to cut the bills.
The total tax bill to finance local government -- public schools, police, fire, road crews and other costs -- is now $4 billion, according to The Record's analysis of this year's tax records for 94 North Jersey towns. Over the past decade that figure has grown by 62 percent, or $1.6 billion.
The median property tax bill for North Jersey homeowners is now $7,169, the analysis shows. That's up $488, an increase of 7.3 percent from the 2005 median.
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