pressofAtlanticCity.com:
New Jersey has the nation\’s highest property taxes, averaging nearly $7,300 per year. An examination of the last decade of taxation in 10 southern New Jersey municipalities found many double-digit increases. In Wildwood, for example, taxpayers paid increases of 20 percent, 10 percent and 8 percent between 2007 and 2009. Including school, local and county taxes, Wildwood increased its tax levy about 10 percent more each year over the last decade. The average homeowner or merchant who spent $2,068 in property taxes in 2000 wrote checks to the city of Wildwood for $4,818 last year. That\’s a 133 percent increase over 10 years. In the face of rising taxation, voters recalled two of three commissioners in December.
read via www.pressofatlanticcity.com
This post was imported from a legacy archive. Please excuse any formatting inconsistencies.