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New Jersey Gas Tax Rises to Fund $11 Billion Infrastructure

1/1/2025

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Story summary
  • New Jersey's gas tax will increase by 2.6 cents per gallon starting January 1, 2025.
  • Gasoline tax will total 44.9 cents per gallon, while diesel will be 51.9 cents.
  • The tax funds an $11 billion transportation trust for infrastructure upgrades over five years.
  • New Jersey's gas prices will still be below the national average despite the hike.