New Jersey Gas Tax Increases By 4.3 Cents

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NEW JERSEY -

New Jersey drivers are now paying more at the pump.

The gas tax rose by 4.3 cents on Monday, October 1st, to 41.4 cents per gallon, which is an increase of more than 10 percent.

The increase is due to a 2016 law to fund projects for bridges, roads, and tunnels. The law calls for a steady revenue stream to support the $2 billion a year fund for road and bridge work.

This is the second time the gas tax has increased since 2016 when it was 14.5 cents per gallon. Before that, the rate hadn’t increased in 30 years.

The boost means New Jersey has the fifth-highest gas tax in the country, up from No. 8, according to 2017 data from the conservative Tax Foundation. But it's still lower than New York and Pennsylvania.

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