Property taxes are consistently at or near the top of the list of concerns for residents, but there was not much discussion by state lawmakers about tackling the issue in 2015.
Assemblyman Reed Gusciora called in this morning to weigh in on two of the week's most pressing topics: weed and property taxes. We ended up finding common ground amid political differences.
It should come as no surprise that politics was at play at the State House on Thursday just days before the Nov. 3 election in which all 80 seats in the Assembly are on the line.
It is no secret that New Jersey is home to some of the highest property taxes in the nation. But an investigation by the state comptroller has found the state can potentially save millions of dollars annually for its property tax relief programs by fixing a blind spot in the sharing of data that is already being collected by local officials.
Garden State municipalities saw their average property tax bills increase by an average of 2.2 percent in 2014, but some actually managed to deliver a drop in property taxes to their residents, which is not an easy task in a tax-heavy state like New Jersey.