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why are property taxes in nj so high

1Answers

DiRosalie

11/28/2025, 06:34:31 AM

New Jersey's property taxes are high for several reasons, including a heavy reliance on property taxes to fund local services like public education, a high number of separate municipalities and school districts, and high regional costs. In 2024, the average property tax bill in New Jersey reached a record high, surpassing $10,000 for the first time.

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