Sep 23, 2009 10:40 am US/Eastern
NJ Leads Nation In Property Taxes
TRENTON (AP) ―
New Jersey continues to have the highest property taxes in the nation.
The Tax Foundation analyzed Census figures and determined Garden State homeowners put 7 percent of their paychecks toward property taxes in 2008.
New Jersey's median property tax bill was $6,320.
The group found six of the nation's 10 most expensive counties were in New Jersey.
Hunterdon County property owners paid a median bill of $8,492, or third-highest in the country.
Westchester and Nassau counties in New York topped the list of counties.
The median bill in Westchester was $8,890 and $8,628 in Nassau.
(© 2010 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)
Comments