Sunday, January 29, 2017

MAPLEWOOD PROPERTY TAXES JUMPED AN AVERAGE OF $375 LAST YEAR

The average Maplewood property taxes jumped 2.6%, or about $375, in 2016, according to data released from the state last week.

It indicated the average Township property tax bill was $14,626, up from $14,251 a year earlier.

See the data HERE. 

That continues a steady increase that saw the average property taxes at $13,926 in 2014, $13,657 in 2013, $13,435 in 2012, $13,118 in 2011, and $13,023 in 2010. 

The average rate was $10,639 in 2006, which means an increase of nearly $4,000 in the average yearly tax bill in just the last decade.

That also coincides with the loss of the state property tax rebates, which ended in 2007.

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