Buckle up New Jersey, because New Jersey just started digging deeper into your pockets. Your Monday morning commute is going to cost you a lot more than your last trip to the office on Friday. That’s because the first of two Phil Murphy transportation hikes went into effect Sunday. In May, Murphy approved a 36% toll hike on the New Jersey Turnpike and a 27% increase on the Garden State Parkway.
In just a few weeks, the New Jersey gasoline tax is going to rise another 9%. That’s because the state needs to fund a 10 year, $24 billion improvement program for New Jersey Transit and other projects in the state.
The gas tax hike translates to about a 22% increase.
On the Garden State Parkway, tolls have risen from 75 cents to 95 cents. Tolls at parkway exits will increase rom 50 cents to 65 cents and in some ares, from $1.50 to $1.90.
That’s not all, starting in 2022, the New Jersey Turnpike can ratchet up tolls 3% annually.
Heading to Atlantic City on the Atlantic City Expressway? Tolls there will go from $3 to $4.25 and from 75 cents to $1.25 elsewhere on the expressway.