STATE – New Jersey net property taxes went up 22.4 percent in the first three years of Gov. Chris Christie’s term, compared to just a six percent increase during the final three years of Democratic Gov. Jon Corzine’s term, according to a nonpartisan analysis by NJ Spotlight.
The Republican governor has made attacks on so-called “Corzine Democrats” a centerpiece of his re-election campaign, however Christie’s rebate reductions have caused property tax costs to skyrocket for homeowners.
(Interactive map courtesy of NJ Spotlight)
While Corzine doubled average property tax rebates from 2006 to 2009 and provided rebates to families earning as much as $250,000, Christie sharply cut the size of rebate payments and limited eligibility for non-seniors to those earning $75,000 or less.
Christie’s rebate reductions steered more property tax relief from the state government to the wealthiest two percent of New Jerseyans — those earning more than $500,000. Qualifying residents in the state’s top tax bracket have been collecting a tax credit that’s worth up to $897, but a maximum of only $245 to a New Jersey family making $50,000 to $70,000.
In Middlesex County, Edison’s net property tax bills have gone up 25% under Christie; South Amboy has seen an increase of 28.5% and Woodbridge’s net property tax bills have skyrocketed 34.1% over the past three years. In Union County, Clark has seen a 25.6% increase in net property tax bills; Elizabeth and Linden have each seen net property tax bills go up 28.5% and Rahway has seen a 36.5% increase during the previous three years.
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