New Jersey Property Tax Cap –

The New Jersey State Assembly is expected to support the annual property tax increase cap backed by Christie and the State Senate.  The State Assembly is in Democratic hands with Democrats having a 47-33 advantage.  Tax increase will be capped at 2% with some exemptions for health costs, pension costs, natural disasters, and bond payments.

To read a related Bloomberg article, please click here:

Jim Sutliff

This entry was posted in Administrative, General, Politics, Real Estate, Regulatory, Tax. Bookmark the permalink.