Nj Transit Fare Hike 2024 Date. Nj transit will propose a 15% fare increase in its fiscal year 2025 budget, the first fare hike proposed in almost 10 years. A 15% fare hike takes effect on monday, july 1, followed by an indefinite 3% annual increase afterward.

Light rail fare will increase from $2.25 to $2.55 on hudson. The proposed hike is 15% starting july 1 of this year with a 3% annual increase.