NJ Transit price increase: How much more you'll pay starting today

NJ Transit price increase: What to know

Train and bus ticket fares for NJ Transit are going up 15%. FOX 5 NY's Lissette Nuñez has the details.

NEW YORK CITY - If your commute takes you on New Jersey Transit, you’ll be paying more starting today.

NJ Transit price increase

Train and bus ticket fares for NJ Transit are going up 15%, with the agency citing the need to close a big budget gap and to avoid reducing services as reasons for the fare hikes.

JUMP TO: HOW MUCH MORE WILL IT COST YOU?

The fare hike comes at a bad time for the agency, following several major delays and disruptions over the last few weeks. Train service has been delayed and suspended several times due to the heat and disabled trains.

NJ Transit fares hike

A disabled train resulted in delays of up to 30 minutes both in and out of Penn Station causing delays for NJ Transit riders. FOX 5 NY's Arthur Chi'en explains don't expect much to change when fare hikes take effect July 1.

Last week, NJ Gov. Phil Murphy met with both Amtrak and NJ Transit officials. The agencies vowed to ensure operations will run a lot smoother.

"But we will fix these problems and we will get to a place where the operations are much better than they've been in the last several weeks," said Amtrak Board Chair Anthony Coscia. "We're hoping that that's an anomaly that we don't have to have people experience again."

Murphy meets with NJ Transit, Amtrak leaders

Governor Phil Murphy held a high-stakes meeting with NJ Transit and AMTRAK leaders on Thursday after several weeks of frustrating commutes for travelers.

Fares will be raised by 3% each year after that. No fare would increase more than 15%, the agency said.