N.J. property taxes highest in country, study finds
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New Jersey has a dubious distinction in a new survey.
It will hardly be a surprise to residents of the Garden State, but the study by the website Wallethub.com has found the state’s real estate taxes are the highest in the country.
In fact, the whole region fared poorly on taxes, said Jill Gonzalez of the website.
“Most northeastern states did not fare well here, but Pennsylvania ranked 39th out of 51 — we did include D.C. — and New Jersey ranked 51 out of all 51 states, highest tax rate in the country,” she said.
The average property tax bill in the Garden State was more than $7,300, Gonzales said. In Alabama and Louisiana, some residents are charged just $500 to $700 a year.
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