Property Tax for New Jersey (2026)
New Jersey (NJ) Key Facts
Effective Property Tax Rate
2.49%
Tax Level
High compared to national average
Assessed By
County assessor
Payment Frequency
Varies by county (annual or semi-annual)
How This Calculator Works in New Jersey
This calculator estimates your annual New Jersey property tax based on your home's value and the state's average effective rate of 2.49%. Enter your property value to see your estimated annual tax bill.
New Jersey Overview
New Jersey has an effective property tax rate of 2.23%, above the national average of ~1.11%. A defining feature of the state's system is that highest effective rate in the U.S.. STAR-like programs: Senior Freeze, homestead benefit rebate, making it important for homeowners to understand local assessment practices and available exemptions.
How New Jersey Compares
New Jersey's property tax rate of 2.49% compares to New York at 1.72% and Pennsylvania at 1.58%. The relatively high rate means property taxes are a significant expense for homeowners.
| State | Top Rate | Notes |
|---|---|---|
| New York | 1.72% | New York has a property tax rate of 1.72%. |
| Pennsylvania | 1.58% | Pennsylvania has a property tax rate of 1.58%. |
| Delaware | 0.57% | Delaware has a property tax rate of 0.57%. |
New Jersey's property tax rate of 2.49% compares to a national average of approximately 1.11%. This is above the national average.
Tips for New Jersey Residents
- 1New Jersey's effective property tax rate of 2.23% is above the national average of ~1.11%. Key feature: highest effective rate in the U.S..
- 2STAR-like programs: Senior Freeze, homestead benefit rebate. Always verify your assessed value matches your property's actual condition and features.
- 3Appeal your property tax assessment if comparable sales in your area suggest your home is overvalued — New Jersey allows formal protests through the county or local assessor's office.
- 4Check whether you qualify for New Jersey's homestead exemption or other relief programs (senior, disabled, veteran) — these can meaningfully reduce your annual tax bill.
- 5New Jersey property taxes are deductible on your federal return subject to the $10,000 SALT cap. With a 2.23% rate, a $350,000 home owes roughly $7,805/year before exemptions.