New Jersey Vehicle Tax 2026: The 6.625% Flat Tax Trap
New Jersey vehicle tax hits harder than most drivers expect, and Dr. Marcus Okonkwo found that out the hard way. The Ridgewood orthopedic surgeon had just taken delivery of a $127,000 Mercedes-AMG GLE 63 S Coupe when the dealership handed him the registration paperwork. The total wasn’t $127,000. It was $136,205. Sales tax of $8,417.50. … Read more