TRENTON, N.J. - New Jersey Democrat Phil Murphy has defeated Republican Lt. Gov. Kim Guadagno in the race to succeed term-limited Gov. Chris Christie.
Murphy said he was "honored and humbled" to win Tuesday's race. He made the comment in an email sent to volunteers and others involved in his campaign, adding that he's ready to get to work and implement his ideas.
Murphy has promised to raise income taxes on millionaires, increase funding for public schools and pensions and legalize marijuana.
His victory marks the first statewide Democratic win during President Donald Trump's administration after Democrats failed to win special congressional races earlier this year.
Murphy made a fortune at Goldman Sachs before serving as President Barack Obama's ambassador to Germany but has never held office before.
Murphy emerged victorious after leading Guadagno in the polls and fundraising in a race that revolved, in part, around the Republican governor's unpopularity.
Murphy relentlessly linked Guadagno to Christie, whose approval ratings are abysmal.
Christie said earlier Tuesday that a win by Murphy would not be a rejection of his two terms leading New Jersey.
Five third-party candidates were also on the ballot for New Jersey governor.
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