Jersey City lawmakers approve 15% property tax hike amid budget crisis

JERSEY CITY, NJ - After months of back-and-forth talks about Jersey City's budget crisis, local lawmakers have voted to stick property owners with the bill. Jersey City tax hike The City Council in Jersey City approved and implemented a 15% municipal property tax rate hike Wednesday night. The tax raise amounts to about $51 more per month for the average residential property, without including any…