Report: Aberdeen Property Taxes Increased by 4.8% in 2012

The state average increase was 1.7 percent. Matawan increased 0.6%.

Property tax bills in Aberdeen rose 4.8 percent in 2012 from the previous year, while the state average increase came in at 1.7 percent, according to a report in The Star Ledger. Matawan property tax bills saw an increase of 0.6%. 

The newspaper's analysis found that statewide average increases were the lowest since 1991 and remained under the mandatory 2 percent cap put in place by Gov. Chris Christie. 

Aberdeen residents paid an average of $6,595.87 in property taxes in 2012, calculated with average contributions of $1,374.19 to municipal taxes, $812.74 to county taxes and $4,408.95 to school taxes, according to the report.

Matawan residents paid an average of $8,305.79 in property taxes in 2012, calculated with average contributions of $2,497.13 to municipal taxes, $884.52 to county taxes and $4,924.13 to school taxes, according to the report.

Neighboring towns are experiencing similar increases, although some remained under 1 percent:

  • Keyport saw a one percent increase in taxes in 2012, with an average bill of $5,972.79.
  • Highlands experienced a 4.4 percent increase in taxes in 2012, with an average bill of $5,990.23.  
  • Middletown residents paid one percent more in 2012, with an average bill of $8,021.36.

According to The Star Ledger, Christie and local municipal officials believe Hurricane Sandy could result in unprecedented tax increases in badly damaged areas. 

A bill in the State Senate sponsored by Senate President Steve Sweeney (D) will promote shared services among municipalities, such as emergency services and public works. According to The Star Ledger, the bill would shrink government expenses. Municipalities without shared services would lose state aid.

In Manasquan, which suffered some of the worst damage from Sandy, local officials said the cost of rebuilding might drive up tax rates by at least 20 percent.

Informed Taxpayer January 15, 2013 at 10:58 PM
The 2% cap has nothing to do with the tax rate - it is a cap on how much the budget can be increased over the previous year, there are exceptionsfor debt payments, rising health benefit and pension costs and if an unforeseen state of emergency occurs. School districts would also get an exception to deal with rising enrollment.
Informed Taxpayer January 15, 2013 at 11:04 PM
The municipal taxes are also incorrect in this article - If you read go to the article in the Star Ledger - the table shows: Municipal taxes are $1,374.19 not $4,408.95 - that's the school portion. In many towns due to the low housing market, towns have had big tax appeal losses and when a town loses its ratable values - taxes go up even if the budget stayed the same.
Political corruption January 16, 2013 at 12:19 AM
Come on people you've got to know corrupt political hacks don't come cheap cause Aberdeeen has the best political hacks money can buy. Right Mayor Fred
Pat January 16, 2013 at 04:46 PM
Are our local politicians under the impression residents have the same income they must have in order to afford these tax hikes? Have they looked at how much groceries have increased? Gasoline and utilities? Insurance? Unemployment? Very soon, there will be no middle class. Those who cannot continue these increases will be forced out of their homes. The declining of America is now in full swing. So sad.
Informed Taxpayer January 17, 2013 at 07:38 PM
Don't you think those very things that increase in a person's budget also impact a municipal budget? Gasoline???? Natural gas??? street lights??? low returns of investments? How do you think Superstorm Sandy will impact a town's budget - FEMA only repays 75% of any costs for storm related damage? these all impact a government budget too - . I know that Aberdeen has not cut services to its residents like in some of my friends towns - I have to tell you that for my house that is assessed at 320,000 - I think I get ALOT of service for my municipal tax dollars of $1472.00 per yearI have NEVER had a bad experience at town hall - whether I am paying my taxes, getting a permit or asking for information.


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