New Jersey Property Tax Calculator
New Jersey property tax, estimated for 2026. Enter your assessed value and county to get your projected annual bill, factoring in the average tax rate (1.0%–3.0%+), homestead rebate, and senior/disabled exemptions.Updated 2026
New Jersey Property Tax Estimator — Quick Look
Estimated annual property tax for common home values (primary residence, with $1,000 homestead rebate).
| Assessed Value | County | Tax Rate | Annual Tax | Monthly |
|---|---|---|---|---|
| $250,000 | Camden (2.8%) | 2.80% | $6,000 | $500 |
| $350,000 | Bergen (2.2%) | 2.20% | $6,700 | $558 |
| $450,000 | Bergen (2.2%) | 2.20% | $8,900 | $742 |
| $450,000 | Essex (2.5%) | 2.50% | $10,250 | $854 |
| $450,000 | Salem (2.0%) | 2.00% | $8,000 | $667 |
| $650,000 | Bergen (2.2%) | 2.20% | $13,300 | $1,108 |
| $1,000,000 | Bergen (2.2%) | 2.20% | $21,000 | $1,750 |
* Estimates for primary residence with $1,000 homestead rebate. Actual tax varies by municipality and school district.
New Jersey Property Tax Information 2026
Average Effective Rate: 2.23% (highest in the United States) #1 in the Nation
Homestead Rebate (2026): Up to $1,500 for eligible homeowners with income under $250,000. Amount varies by income and property tax bill.
Senior Freeze (Property Tax Reimbursement): Reimburses eligible seniors 65+ for property tax increases. Income limit: $110,000 (married) / $87,000 (single).
Key Exemptions:
- Veterans Exemption: Up to $250 reduction in annual taxes for honorably discharged veterans
- Senior Citizen Exemption: $250 reduction for seniors 65+ with income under $30,000
- Disabled Persons Exemption: $250 reduction for permanently disabled individuals
- Surviving Spouse Exemption: $250 reduction for widows/widowers
Property Tax Composition: Municipal (local government) ~30%, School District ~50%, County ~15%, Special Districts ~5%
Assessment Ratio: Most counties assess at 100% of market value. Some municipalities use a ratio (e.g., 50% in some cities).
Source: New Jersey Division of Taxation — nj.gov/treasury/taxation · Updated July 2026
Frequently Asked Questions — New Jersey Property Tax
Tax = (Assessed Value × Effective Tax Rate) - Exemptions - Rebates
Example: $450,000 home in Bergen County (2.2% rate) with $1,000 rebate: ($450,000 × 0.022) - $1,000 = $8,900 annual tax.
📊 Data Methodology
New Jersey property tax calculations use county-specific effective tax rates from the New Jersey Division of Taxation and county tax boards. The average rate of 2.23% is the highest in the nation. Homestead rebate estimates are based on 2026 program guidelines. Source: NJ Division of Taxation · Updated July 2026