When total property taxes in New Jersey increase 2.4% (from $30,117,405,568 to $30,840,991,739) how can the headline be about a 1.8% increase from an average of $8,953 to $9,112?
Based on spreadsheets on the state website here is how those average numbers were manipulated.
Author(s): John Bury
Publication Date: 10 February 2021
Publication Site: Burypensions