New Jersey Property Tax Rates
New Jersey (NJ) has an effective property tax rate of 2.47%, which is 1.41% above the national average of 1.06%.
2024 DataNew Jersey Counties Property Tax Rates
| County | Rate | Median Tax |
|---|---|---|
| Bergen County | 2.67% | $9,458 |
| Middlesex County | 2.25% | $10,778 |
| Essex County | 2.86% | $9,915 |
| Hudson County | 2.58% | $9,022 |
| Monmouth County | 2.07% | $10,353 |
| Ocean County | 2.65% | $13,022 |
| Union County | 2.36% | $6,758 |
| Passaic County | 2.83% | $13,502 |
| Camden County | 2.73% | $7,526 |
| Morris County | 2.52% | $6,861 |
| Burlington County | 2.55% | $9,801 |
| Mercer County | 1.93% | $4,244 |
| Somerset County | 2.57% | $7,697 |
| Gloucester County | 2.20% | $11,499 |
| Atlantic County | 2.07% | $8,940 |
| Cumberland County | 2.35% | $12,138 |
| Sussex County | 2.49% | $10,586 |
| Hunterdon County | 2.26% | $10,133 |
| Warren County | 1.86% | $8,567 |
| Cape May County | 2.54% | $5,912 |
| Salem County | 1.85% | $7,630 |
Property Tax Calculator
Looking to reduce your housing costs? Compare mortgage refinancing rates to lower your monthly payment. Check homeowners insurance quotes for potential savings. Explore home equity loan offers for home improvements. Consider property tax appeal services if your assessment seems too high.
How New Jersey Compares to Neighboring States
| State | Rate | Median Tax | Difference |
|---|---|---|---|
| New Jersey | 2.47% | $8,797 | - |
| Delaware | 0.53% | $1,579 | -1.94% |
| New York | 1.72% | $5,884 | -0.75% |
| Pennsylvania | 1.58% | $3,022 | -0.89% |
New Jersey Property Tax Overview
The effective property tax rate in New Jersey is 2.47%, meaning a homeowner with a property valued at $356,200 would pay approximately $8,797 annually. Understanding your property tax deduction eligibility can help offset this cost on your federal return.
New Jersey homeowners may qualify for a homestead exemption that reduces the taxable value of their primary residence. If your property assessment seems too high, consider a tax assessment appeal to potentially lower your bill.
For more financial context, explore salary data, cost of living, and ZIP code details for New Jersey.