Florham Park homeowners deal with soaring property taxes

Posted: Updated:

Folks in one Morris County community received their first tax bill since properties were revalued last year and most are seeing large increases.On average, homeowners in Florham Park are seeing a 24 percent increase in their taxes. Many say they are frustrated with soaring property taxes but not everyone is surprised by the sharp increase. Others say high taxes are the price you pay when you have a good piece of real estate. The average home assessment in Florham Park jumped from about $300,000 to nearly $700,000. City officials primarily blame the revaluation for the tax hike.

sorry to interrupt
your first 20 are free
Access to News 12 is free for Optimum, Comcast®, Spectrum Networks® and Service ElectricSM customers.
Please enjoy 20 complimentary views of articles, photos, and videos during the next 30 days.
you have reached your 20 view limit
Access to News 12 is free for Optimum, Comcast®, Spectrum Networks® and Service ElectricSM customers.
Please login or create an account to continue enjoying News12.
Our sign-up page is undergoing maintenance and is not currently available. However, you will be given direct access to news12.com while we complete our upgrade.
When we are back up and running you will be prompted at that time to complete your sign in. Until then, enjoy the local news, weather, traffic and more that's "as local as local news gets."