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why are new jersey property taxes so high

1Answers

SanVincent

11/28/2025, 06:34:35 AM

New Jersey's property taxes are high due to its reliance on property taxes to fund local services, its high number of independent municipalities and school districts, high spending on public services, and high labor costs. In 2024, New Jersey had the highest average residential property tax bill in the U.S., reaching over $10,100.

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