NJ Gas Tax Increasing Again

Drivers in New Jersey will soon be paying more.

The state’s gas tax will increase 4.3 cents per gallon on October 1st because New Jersey hasn’t brought in as much money as it expected.

The gas tax was raised by 23 cents in 2016 as part of a deal struck by then-Governor Chris Christie.  The agreement allowed the state treasurer to increase the gas tax further if revenues fell short of expectations.

Before the 2016 increase, New Jersey’s gas tax was one of the lowest in the country.  After it’s raised in October, the gas tax will be the fifth highest in the nation at more than 41 cents per gallon.

Photo Credit:  Getty Images

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