Details about this story
- Source: Newark Star-Ledger
- Date: January 15, 2006
- URL: Read the story
- Bylines:
Joe Donohue ,
Rob Gebeloff ,
Tom Hester
- Topics:
Tax ,
Real Estate
- Data Types:
State Data
- Description/Excerpt: Four years ago this week, James E. McGreevey stormed into the governor's office after campaigning on a bread-and-butter issue that tickled weary homeowners: cutting property taxes.
Today, the average tax bill in New Jersey is 29 percent higher, according to a new Star-Ledger analysis that also puts last year's increase at 6.3 percent. That means the average tax bill during McGreevey's four-year term, the last 14 months of which was finished by Richard Codey, climbed $1,309 to $5,867.
The Star-Ledger analysis found property taxes rose an average of $350 last year as taxpayer rebates to nonseniors were sliced by at least $400 because of the state budget woes. The inexorable climb in property taxes prompted angry homeowners to tell candidates this was their top priority during last year's gubernatorial campaign.
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