ByÂ Dunstan McNichol, Bloomberg
Robbinsville, the centralÂ New Jersey town where GovernorÂ Chris Christie appeared last week to promote his plan to cap annual property-tax increases at 2.5 percent, won approval yesterday to raise its tax bills by 29 percent.
The $2.3 million increase will boost the average homeownerâ€™s municipal tax bill to $2,000 from about $1,600, Mayor David Fried said during a hearing before the stateâ€™sÂ Local Finance Board in Trenton. It is the result of a 2007 reassessment that prompted warehouse owners such as closely held Matrix Development Group to file successful appeals that are costing the community more than $1 million, Fried said.
Fried was among 57 mayors Christie listed on a May 26 press release as supporting his plan to impose a 2.5 percent limit on annual property-tax increases. Christie was in Robbinsville June 3 for the fourth of several town hall meetings he is holding to talk about his proposal, aimed at controlling growth in New Jerseyâ€™s property taxes, which are the highest in the nation.
â€œWe have done everything we possibly can,â€ Fried said during testimony on his tax increase. â€œItâ€™s a very good question how weâ€™re going to get to 2.5 percent.â€
New Jerseyâ€™s property-taxÂ bills averaged $7,281 per household last year, according to the state Department of Community Affairs. The levy has climbed 72 percent since they averaged $4,239 in 1999.
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