Rising seas projected to exact heavy toll on NJ’s tax base

Clip: 10/3/2022 | 6m 15sVideo has Closed Captions | CC

An estimated $6.3 billion-plus worth of tax-ratable property could be underwater by 2050

Hurricane Ian stunned Floridians with its destructive force. But another, more widespread threat lurks -- the inexorable power of rapidly rising sea levels. A new study predicts that by 2050, the New Jersey coast could see more than 50 square miles go underwater at high tide, regularly submerging some 6,000 buildings.

10/03/2022

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