The township also saw one of the highest tax rate hikes in the state, according to Star-Ledger analysis
Cranbury's tax bills remained the among the highest in the state in 2012, as did the amount taxes increased during the year. The township's 5.0 percent tax hike was 40th out of 566 total tax bill hikes. Cranbury's tax bill is 80 out of 566 municipalities, according to a Star-Ledger analysis. It's also about half of the statewide average. The Star-Ledger reported noted that property taxes statewide rose 2.4 percent in 2011, the first year Christie’s 2 percent cap was in effect. But the trend of lower increases could be reversed because of Hurricane Sandy, according to the report. For more information, please click here.