New Jersey Transit Announces 15% Fare Hike, First in Nearly a Decade

The increase, aimed at closing a $106.6 million budget gap, is set to take effect on July 1, followed by annual 3% hikes in subsequent years.

New Jersey Transit has announced plans to increase fares by 15% starting July 1, 2024, marking the first fare hike in nearly a decade.
The fare increase is part of a plan to close a projected $106.6 million budget gap for the upcoming fiscal year.
Following the initial increase, the plan also includes annual fare increases of 3% in subsequent years.
The fare hike has been met with criticism from local leaders, who argue it will disproportionately burden low-income families and commuters.
Public hearings on the proposal will be held from March 4 to 8, with the agency's board expected to vote on the fare increase at its April 10 meeting.