Report: Freehold Township 2012 Property Tax Increase Above State Average

In 2012 Freehold Township increased 2.4 percent and Freehold Borough saw a .5 percent increase; the state average was 1.7 percent.

All Freehold homeowners saw an increase in property taxes in 2012 from the previous year, however, Freehold Township's increase surpassed the state average. Freehold Borough homeowner taxes on average went up .5 percent, while Freehold Township homeowner taxes on average went up 2.4 percent since the previous year, according to a Star-Ledger analysis. In 2012, Freehold Borough residents paid $6,031.67 on average in property taxes and Freehold Township residents paid $8,034.87. Across New Jersey, the average property tax bill was $7,870, an increase of 1.7 percent, or $132 over the year before.  Property tax bills actually decreased in 117 municipalities, and remained flat in four others. But in places like Aberdeen, they increased 4.8 …

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