Tag: jersey city property tax increase

Jersey City’s 32% Property Tax Increase: The Impact on Commercial Property Taxpayers

Jersey City’s 32% Property Tax Increase: Impact on Commercial Property Taxpayers

Jersey City’s recent 32% property tax increase is the most significant property tax hike levied in decades. Read on for the impact this will have on NJ commercial property taxpayers and how they can find relief.

Jersey City Finalizes 32% Property Tax Increase

Jersey City Finalized 32% Property Tax Increase - Largest Increase in Decades

It is official. Jersey City has finalized the 2022 tax rate, and it represents an unprecedented increase of 32% from its 2021 tax rate. Remarkably, it is estimated that the average homeowner in Jersey City will see an increase of $2,360 in their yearly property taxes. This type of one-year increase can be catastrophic for… Read more »