New Jersey: property tax rates
The effective property tax rate homeowners pay in each state, and what that means on a $300,000 home.
| Effective property tax rate | 1.88% |
|---|---|
| Typical tax on a $300,000 home | $5,640 a year |
| Rank (1 = highest) | 1 of 50 |
Effective rates are property taxes paid as a share of home value for owner-occupied homes, from 2024 Census data. Your bill depends on your county, city, school district and exemptions.
General information only, not legal, insurance or financial advice. Not affiliated with any government agency. Exceptions can apply. Confirm with the state agency, the court or a licensed professional in New Jersey.
How New Jersey compares
1.88% ranks 1 of 51 (1 = highest) for effective property tax rate.
Lowest 0.29%Highest 1.88%
- 0.29% – 0.53% (11)
- 0.54% – 0.74% (10)
- 0.75% – 0.92% (10)
- 0.94% – 1.3% (10)
- 1.32% – 1.88% (10)
Also for New Jersey: Medicaid long-term care in New Jersey · Small estate limits in New Jersey · Will and trust rules in New Jersey · Estate and inheritance tax in New Jersey · Common law marriage in New Jersey · Medicaid expansion in New Jersey · Inheritance tax in New Jersey · Social Security tax in New Jersey · All New Jersey rules on one page
How we checked this
Effective rates come from the Tax Foundation's 2026 report, based on 2024 Census data for owner-occupied homes, as published in two independent transcriptions that agree. Last checked: November 12, 2026. Laws change; confirm with the state agency or a licensed professional before acting.
Cross-checked sources agree Checked on official source confirmed on a government, court or legislature site Single detailed source one detailed table built from statutes or official data Under review sources disagree; read the note and the law.