NJ Transit Approves 15 Percent Fare Hike

Hoboken Terminal Partially Reopens After Last Month's NJ Transit Crash

Photo: Getty Images North America

New Jersey Transit riders will soon be paying a lot more.

The agency has voted to raise fares by 15 percent, which will be the first increase since 2015. NJ Transit says it needs the money to deal with a shortfall of more than $100 million.

The fare hike will take effect on July 1st, just a couple of weeks after the MTA's congestion pricing plan is scheduled to begin. The NJ Transit fare hike plan also includes annual three percent increases starting in 2025.

Photo Credit: Getty Images

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