BUSINESS
12/07/2010 05:12 am ET | Updated May 25, 2011

Why New Jersey Is Still the Worst State for Property Taxes

f there is one thing that unifies residents of New Jersey, particularly in these divisive times, it's property taxes: Everybody hates them.

One of the Garden State's chief claims to fame -- besides The Sopranos and The Boss -- is the fact that its residents pay the highest property taxes in the country. A recent study from the Tax Foundation confirmed this yet again, finding that New Jerseyeans paid median taxes of $6,579 in 2009. Seven out of the nation's top 10 counties for property taxes are in New Jersey. This infuriates residents and is a regular topic on talk radio. It should be no surprise that property tax appeals are up 44% in the state, according to the Newark Star-Ledger

Read more on DailyFinance