Property taxes are eating up a larger share of family income under Gov. Chris Christie than under previous governors, primarily due to a sharp reduction in direct property tax relief over the past two years. In fact, net property taxes are 20 percent higher under Christie than they were when Democrat Jon Corzine left office two years ago.
That $1,275 increase represents a 20.4 percent hike in net property taxes -- which is the amount of money that the average New Jersey household actually pays in property taxes after property tax rebates or property tax credits are subtracted.With property tax credits and rebates included, the average New Jersey homeowner paid $7,519 in net property taxes last year -- compared with $6,244 in 2009 -- according to statistics released by the state Department of Community Affairs on Friday.
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