The increase is the highest in four years and defies a 2 percent cap on tax hikes imposed by the state in 2010, according to the Asbury Park Press report
Property taxes across New Jersey soared at their highest rate in four years during 2015, according to a new Asbury Park Press report. (Kelly King/Times of Trenton)New Jersey property taxes soared at their fastest rate in years in 2015, according to a new report by the Asbury Park Press, setting homeowners back an extra $537 million.
According to data compiled by the paper, the average taxpayer forked over $8,354 -- $193 more than in 2014.
The 2.4 percent hike is the largest in four years, and the second straight year average tax rates have increased. It also belies a 2 percent cap on increases implemented by legislators in 2010.
PLUS: Christie signs anti-tax pledge
The Press also noted that the data appears to undercut a key talking point for Gov. Chris Christie as he continues to pursue a bid for the presidency. On the campaign trail, he has repeatedly stressed that taxes are rising at their slowest pace in more than 20 years.
Read the full report here.
Dan Ivers may be reached at divers@njadvancemedia.com. Follow him on Twitter at @DanIversNJ. Find NJ.com on Facebook.
