We are talking about property taxes going up in New Jersey and the possibility of many towns seeing property taxes over the $10,000 mark on average per year.
You do not need me to tell you that things are tough these days, but I will. We have been through a lot with the pandemic and now our economic woes. Inflation and our economy have millions worried and not just around the nation, but right here in New Jersey as well.
We are all thinking about our taxes right about now. According to a recent study by Wallet Hub, tax rates in New Jersey are the top 10 highest in the country. If you really want to have your mind blown get a load of this…we pay three times more taxes than some other states. Three times! We found a list of what every state is paying so you can compare.