N.J. Transit Plans to Raise Fares 15% on July 1

N.J. Transit Plans to Raise Fares 15% on July 1

New Jersey Transit, facing a huge budget deficit, said on Wednesday that it planned to raise fares on its statewide bus and train network by 15 percent on July 1 and, after that, by an additional 3 percent annually.

The fare increases would be the agency’s first since Gov. Philip D. Murphy, a Democrat, took office six years ago.

New Jersey Transit has faced a sustained drop in ridership since the coronavirus pandemic began in early 2020. It received billions of dollars in federal aid, but almost all of that money has been spent.

In July, the agency said it faced a deficit of more than $100 million in the next fiscal year. It said it had taken steps to reduce that deficit but could not do so without a significant increase in revenue from riders.

As examples of the effect of the fare increases, the agency said that a bus ticket from Toms River along the Jersey Shore to the Port Authority Bus Terminal in Midtown Manhattan would rise to $24.40, a $3.15 increase. A one-way ticket from Princeton Junction, it said, would rise to $18.40, a $2.40 increase.

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