Federal Income Tax Calculator

NEW JERSEY PROPERTY TAX · 2026

New Jersey property tax calculator

New Jersey's effective property tax rate is 1.885%: owner-occupiers paid a median $9,590 a year on homes with a median value of $454,400. On a $300,000 home, that rate comes to $5,655.00 a year.

Your home

Property tax estimate

Property tax a year
$5,655.00
A month
$471.25
Rate
1.885%, statewide

New Jersey property tax by county

New Jersey property tax by county — 2020-2024
CountyEffective rateMedian taxMedian home value
Atlantic County1.858%$6,776$295,000
Bergen County1.887%$10,000+$623,000
Burlington County2.068%$7,983$354,000
Camden County2.47%$8,134$287,100
Cape May County0.934%$5,306$434,600
Cumberland County2.018%$5,052$221,400
Essex County2.102%$10,000+$524,100
Gloucester County2.398%$8,055$310,400
Hudson County1.561%$9,555$539,700
Hunterdon County2.043%$10,000+$517,200
Mercer County2.151%$8,909$377,700
Middlesex County1.993%$9,712$462,900
Monmouth County1.526%$10,000+$606,100
Morris County1.839%$10,000+$582,500
Ocean County1.423%$6,562$398,400
Passaic County2.264%$10,000+$459,500
Salem County2.191%$7,018$239,500
Somerset County1.844%$10,000+$552,100
Sussex County2.195%$8,568$369,400
Union County2.034%$10,000+$529,200
Warren County2.264%$8,119$346,500

New Jersey homestead exemption

  • New Jersey's ANCHOR program pays homeowners $1,500 with 2025 income of $150,000 or less and $1,000 with income of $150,001 to $250,000, for a main home owned on October 1, 2025.
  • Stay NJ pays owners 65 or older who owned and lived in their home all of 2025, with 2025 income up to $200,000, as much as $6,500 (income up to $100,000), $5,000 (up to $150,000) or $4,000 (up to $200,000).
  • Apply by November 2, 2026; the Division of Taxation files automatically for most past ANCHOR recipients, and seniors file Form PAS-1.

This is the property tax homestead exemption, not the homestead exemption that protects a home from creditors in bankruptcy.

New Jersey property tax questions

How much is property tax in New Jersey?

New Jersey's effective property tax rate is 1.885%: owner-occupiers paid a median $9,590 a year on homes with a median value of $454,400. On a $300,000 home, that rate comes to $5,655.00 a year.

Which county in New Jersey has the highest property tax?

Camden County, with an effective rate of 2.47%; Cape May County has the lowest, at 0.934%. On a $300,000 home that is $7,410.00 a year in Camden County and $2,802.00 in Cape May County.

Does New Jersey have a homestead exemption?

New Jersey's ANCHOR program pays homeowners $1,500 with 2025 income of $150,000 or less and $1,000 with income of $150,001 to $250,000, for a main home owned on October 1, 2025. The calculator does not subtract it: the rates already reflect the exemptions owners received.

Why might a New Jersey tax bill differ from this estimate?

The rate is what owner-occupiers in New Jersey paid on average in 2020 through 2024, as a share of their homes' value. An actual bill depends on the home's assessed value, the levies where it sits and the exemptions its owner claims.

What the calculator leaves out

  • The rate is the total real estate tax owner-occupiers reported paying divided by the total value they reported for their homes, not a tax rate set by law.
  • The rate already reflects the exemptions, caps and credits typical owner-occupiers received, so the calculator does not subtract a homestead exemption again.
  • An actual bill depends on the home's assessed value, the levies where it sits and the exemptions its owner claims.
  • Survey estimates for small counties have wide margins of error.

Rates and medians are American Community Survey 2020-2024 5-year estimates: taxes owners paid in those years, not 2026 bills.

Sources

Read the full assumptions and sources.

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