New Jersey Property Tax Information (2012-2013)
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New Jersey Property Taxes [Go To Different State]
$6,579.00
Avg. 1.89% of home value
Tax amount varies by county
The median property tax in New Jersey is $6,579.00 per year for a home worth the median value of $348,300.00. New Jersey counties collect an average of 1.89% of a property's estimated fair market value as property tax.
New Jersey has one of the highest average property tax rates in the country, with only states levying higher property taxes.
New Jersey's median income is $88,343 per year - the average yearly property tax paid by New Jersey residents amounts to 7.45% of their yearly income. New Jersey is ranked 1st of the 50 states for property taxes as a percentage of median income.
The exact property tax levied depends on the county in New Jersey the property is located in. Hunterdon County collects the highest property tax in New Jersey, levying an average of $8,523.00 (1.91%) yearly in property taxes, while Cumberland County has the lowest property tax in the state, collecting an average tax of $3,744.00 (2.13%) per year.
Average New Jersey Property Tax Rates
| Median Property Tax | Percentage Of Income | Percentage Of Property Value |
| $6,579 (1st of 50) | 7.45% (1st of 50) | 1.89% (1st of 50) |
Are You Paying Too Much Property Tax?
Statistics show that about 25% of homes in America are unfairly overassessed, and pay an average of $1,346 too much in property taxes every year.
We can check your property's current assessment against similar properties in New Jersey and tell you if you've been overassessed. If you have been overassessed, we can help you submit a tax appeal.
Is your property overassessed?
New Jersey Property Tax Calculator
While the exact property tax rate you will pay will vary by county and is set by the local property tax assessor, you can use the free New Jersey Property Tax Estimator Tool to calculate your approximate yearly property tax based on average property tax rates across New Jersey.
If you would like to get a more accurate property tax estimation, choose the county your property is located in from the list on the left. Property tax averages from this county will then be used to determine your estimated property tax.
You can choose any county from our list of New Jersey counties for detailed information on that county's property tax, including average tax amounts and a county-specific tax calculator tool.
Median Property Taxes In New Jersey By County
| Atlantic County $4,536 |
Bergen County $8,489 |
Burlington County $5,567 |
Camden County $5,587 |
Cape May County $3,763 |
| Cumberland County $3,744 |
Essex County $8,117 |
Gloucester County $5,376 |
Hudson County $6,426 |
Hunterdon County $8,523 |
| Mercer County $6,245 |
Middlesex County $6,258 |
Monmouth County $6,917 |
Morris County $7,707 |
Ocean County $4,325 |
| Passaic County $7,544 |
Salem County $4,352 |
Somerset County $7,801 |
Sussex County $6,111 |
Union County $7,443 |
| Warren County $5,907 |
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