Nj Transit Fare Increase 2024 Date. The fare increase aims to prevent a $119 million budget shortfall in 2024, now reduced to $106 million through implemented revenue enhancements and cuts. — nj transit proposed a 15% raise in public transportation fares back in late january to take effect july 1st, 2024, followed by annual 3% increments, per a press release.
(ap) — new jersey transit’s board of directors has unanimously approved a 15% fare increase for bus and train riders, the first time its rates will rise in nearly 10 years. — nj transit officials said the annual increase answers a commuter complaint about waiting years and imposing large, double digit fare hikes instead of periodic increases in small increments.
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