--- title: "New Jersey Property Tax Calculator (1.89% Effective Rate) | TaxWren" description: "New Jersey homeowners pay a median $9,358 a year in property tax on a median home value of $496,000, an effective rate of 1.89%: the 2nd highest of the 50 states and DC and 112% above the US rate of 0.89%. Estimate the property tax on any New Jersey home." url: https://taxwren.com/property-tax-calculator/new-jersey --- 2026 tax year ยท updated Oct 15, 2026 # New Jersey property tax calculator New Jersey homeowners pay a median $9,358 a year in property tax on a median home value of $496,000, an effective rate of 1.89%: the 2nd highest of the 50 states and DC and 112% above the US rate of 0.89%. ## Estimated property tax per year $9,358 $780 a month at 1.8867% - Median tax paid in New Jersey: $9,358 - Median home value there: $496,000 - Same home at the US rate (0.8905%): $4,417 Before exemptions such as a homestead exemption. Rates from the American Community Survey 2024 1-year estimates. ## New Jersey property tax by home value At the statewide effective rate of 1.89%, compared with the same home at the US rate. | Home value | Per year | Per month | At the US rate | | --- | --- | --- | --- | | $200,000 | $3,773 | $314 | $1,781 | | $300,000 | $5,660 | $472 | $2,672 | | $400,000 | $7,547 | $629 | $3,562 | | $500,000 | $9,434 | $786 | $4,453 | | $750,000 | $14,150 | $1,179 | $6,679 | | $1,000,000 | $18,867 | $1,572 | $8,905 | ## New Jersey vs. neighboring states | State | Effective rate | Median tax | Median home value | | --- | --- | --- | --- | | New Jersey | 1.89% | $9,358 | $496,000 | | [New York](/property-tax-calculator/new-york) | 1.45% | $6,542 | $449,800 | | [Pennsylvania](/property-tax-calculator/pennsylvania) | 1.16% | $3,214 | $277,600 | | [Delaware](/property-tax-calculator/delaware) | 0.47% | $1,750 | $371,600 | ## What New Jersey homeowners pay - Median yearly property tax: $9,358 (highest of 51); $9,435 for homes with a mortgage and $9,222 for homes without one. - Median value of an owner-occupied home: $496,000, so a typical home pays about $780 a month. - 2,264,820 owner-occupied homes in the survey estimate. - Other taxes: see the [New Jersey income tax calculator](/income-tax-calculator/new-jersey); sales tax averages 6.60% with local taxes ([New Jersey sales tax calculator](/sales-tax-calculator/new-jersey)). These are statewide medians. Your county, city and school district set the rates on your bill, and exemptions (such as a homestead exemption for your main home, or for seniors and veterans) can lower it. Check with your county assessor and the [New Jersey revenue department](https://www.nj.gov/treasury/taxation) for the rules that apply to you. Source: [US Census Bureau, American Community Survey](https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/1YRData/acsdt1y2024-b25103.dat), American Community Survey 2024 1-year estimates (tables B25103 and B25077, owner-occupied homes). See our [methodology](/methodology). ## New Jersey property tax FAQ ### What is the property tax rate in New Jersey? The effective rate is 1.89% of home value: the median tax paid ($9,358) divided by the median home value ($496,000), from the American Community Survey 2024 1-year estimates. Actual rates are set by counties, cities and school districts and vary within the state. ### How much is property tax on a $300,000 house in New Jersey? About $5,660 a year ($472 a month) at the statewide effective rate, before any exemptions you qualify for. ### Does New Jersey have high property taxes? New Jersey has the 2nd highest effective property tax rate of the 50 states and DC (rank 2 of 51, 1 = highest) and the highest median bill. ### Can I deduct New Jersey property tax? On your federal return, yes, if you itemize: property tax counts toward the state and local tax (SALT) deduction, capped at $40,400 for 2026 together with your state income or sales tax. More for New Jersey - [New Jersey paycheck calculator](/take-home-pay-calculator/new-jersey) - [New Jersey income tax calculator](/income-tax-calculator/new-jersey) - [New Jersey sales tax calculator](/sales-tax-calculator/new-jersey) - [Property tax in every state](/property-tax-calculator)