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New Jersey (2.23% Avg Rate)

2026 federal, state and local taxes

New Jersey Property Tax Calculator (2026)

Estimate your 2026 New Jersey property tax. At the state's 2.23% average rate, a $515,000 home pays about $11,485 a year.

Your Estimated Property Tax

Escrow
Annual Property Tax $11,485 $957 a month in escrow
Effective Tax Rate 2.23% New Jersey State Average
10-Year Total at 3% Growth $131,657 $6,850 a year above the U.S. average

New Jersey Property Tax by Home Value

Home Value NJ Effective Rate Annual Property Tax Monthly Escrow At the U.S. Average (0.90%)
$250,000 2.23% $5,575 $465 $2,250
$350,000 2.23% $7,805 $650 $3,150
$500,000 2.23% $11,150 $929 $4,500
$650,000 2.23% $14,495 $1,208 $5,850
$800,000 2.23% $17,840 $1,487 $7,200
$1,000,000 2.23% $22,300 $1,858 $9,000

New Jersey and Its Neighbors

Property Tax
State Average Rate Typical Home Bill on Typical Home Bill on $350,000
New Jersey 2.23% $515,000 $11,485 $7,805
New York 1.60% $460,000 $7,360 $5,600
Pennsylvania 1.35% $270,000 $3,645 $4,725
Delaware 0.53% $385,000 $2,041 $1,855

Statewide average effective rates; local rates vary a lot within each state.

Property Tax Calculators by State

50 States + D.C.

How This Calculator Works

New Jersey's average effective property tax rate is 2.23% of a home's value each year, the highest in the country. On the state's typical home, worth about $515,000, that comes to roughly $11,485 a year, or $957 a month in escrow.

Because home prices differ so much, the yearly bill ranks differently from the rate: New Jersey's bill on a typical home is the largest in the country. On a $350,000 home it would be about $7,805.

Of New Jersey's neighbors, Delaware (0.53%), Pennsylvania (1.35%) and New York (1.60%) have a lower average rate; the table below lists them all.

These are New Jersey averages; your county, city and school district set the actual bill.

Frequently Asked Questions

What is the property tax on a $300,000 house in New Jersey?

About $6,690 a year ($558 a month) at New Jersey's 2.23% average rate. A $500,000 house would pay about $11,150.

Is New Jersey a high property tax state?

Yes. New Jersey's average rate of 2.23% is the highest in the country.

How much is sales tax in New Jersey?

New Jersey charges 6.63% statewide with no local add-ons, 30th of 51, near the middle.

More for New Jersey

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Other New Jersey tax tools

Neighboring states