NJ has 7 out of 10 highest property taxes in nation

Bloomberg.com tells us what we already know:

The counties of Westchester, New York, and Hunterdon, New Jersey, charged the highest property tax bills in the U.S. during 2006-2008, the Tax Foundation said. All of the 10 top-paying counties were in the two states.

The median annual tax bill in Westchester, north of New York City, was $8,404 in the three-year period, the Washington, D.C.-based research organization said today in a study based on U.S. Census data. Hunterdon homeowners paid $8,347.

“In seven New Jersey counties and three New York counties, the median property tax over 2006-2008 is more than 7 percent of median household income, compared with the national median of 2.85 percent,” the study said.

Corzine promised to reduce property taxes. He raised our sales tax with the promise that it would be used to reduce property taxes. Neither happened.

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One Response to “NJ has 7 out of 10 highest property taxes in nation”

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    This post was mentioned on Twitter by NJCops4Christie: @sheriffkim http://bit.ly/44rSCt

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