Property taxes on Jersey City homes and businesses are set to rise significantly as the state’s second-largest municipality struggles to close a $254 million budget deficit left by the administration of former Mayor Steven Fulop. In a 24-page application to the state Department of Community Affair s (DCA), city officials wrote that “we believe with transitional […] The post ‘Significant’ Tax Hike in Store as Jersey City Seeks $150M Bailout From State appeared first on Jersey City Times. ...read more read less