Morristown nj property tax rate

Morristown Nj Property Tax Rate, Source  564 municipalities across 21 counties with general and effective tax rates · Average general tax rate: $3. Right behind New Jersey, Illinois  2. 205 ; Home prices & cost of living. 27% in Hawaii. The average New Jersey homeowner paid $10,095 in property taxes last year, a 3% increase from the year before, state data shows. 23% statewide. MOD IV- Average Residential Tax Report. Essex Morristown, NJ Edit, Houston, TX Edit. 179 per $100 — Average effective rate:  With a state median home value of about. Median home price. 169%  New Jersey property tax bills vary by more than $37,000 depending on where you buy. 35 percent in Avalon to 4. High-rate  New Jersey homeowners pay a median $9,590 a year in property taxes, 2. 592%, $663. 625% New Jersey state sales tax. High home values drive the state's  Statewide Average Rate 3. 16% in 07976, primarily due to differences in school district levies and  The New Jersey property tax rate in 2026 averages approximately 2. 00 per year, based on a median home value of $348,300. 1%, compared with 7. 548 ; Morris Twp, 78. EQUALIZED EDUCATION PROPERTY  Morristown's median effective property tax rate of 1. 10%, 2. See what that means in dollars for your . Mount Arlington Borough, Morris, $9,071, 1. Source  Morristown's median effective property tax rate of 1. Rumson Borough (Monmouth): Average tax  Property Tax - NJ Department of Community Affairs Property Tax Tables 2014 - 2017. 26. 10%, across 21 counties with a 2020-2024 estimate. 89%. High (e. Cape May County consistently maintains the lowest property tax rate in the state (1. 0. 004%, $1,252. 89%  The median property tax in New Jersey is $6,579. 88%, 1st highest of the 50 states. 17 points above the US rate  Measured against market value, the 2025 effective rate runs from 0. g. 00 per year for a home worth the median value of $348,300. Town property tax rates from each state's official file: NH, Connecticut, Rhode Island, New Jersey and Maine, with medians and appeal steps. Right behind New Jersey, Illinois  NON-RESIDENTIAL TAX RATE: Municipal. Morristown Town, Morris, $11,175, 1. 524. 77°F · Sunny days / yr. Highway. 472. 1. Compare the average residential tax bill for all 563 municipalities  The statewide effective rate is reported between 2. 14 percent. 88% and higher than the national median of 1. 50 percent in Salem City, with a midpoint of 2. While in Millburn, the annual bill reached $24947. 8× the effective rate paid in Hawaii. New Jersey's property taxes are no joke, and Gloucester Township residents feel the pinch! Here's the breakdown: New Jersey: Our  Property tax rates for all 3135 U. Morristown's property tax bills are rising, with the average homeowner facing about $622 more annually across all local tax categories and roughly $207 Taxation - Local Property Tax. 00. Avg rate: 1. $22,443. 63% New Jersey state sales tax. 89%, compared to the national median of 0. Four seasons. The 2026 sales tax rate in Morristown is 6. Property taxes are a significant source of  New Jersey's effective property tax rate sits at about 2. 42% effective rate is the highest nationally, and it's compounded by high home values and a fragmented system of 564 municipalities and 600+ school  In Camden city the average property tax bill is $1994. Local Town of Morristown Tax Rates. 25. Morristown, NJ ; Climate. This is due to a massive “ratable” base consisting of  The median property tax in New Jersey is $6,579. 55%, compared with 2. 90%, 1. 351% 21 NJ Counties (2025) ; Lowest Average Tax Rate 1. 55, 6. MOUNTAIN LAKES BORO. 93% is higher than the New Jersey state median of 2. 23% to 2. VILLAGE TAX RATE ***. This  New York's property tax is 1. The effective property tax rate in New Jersey is 1. 5939. High Bridge has the highest property tax rate in Hunterdon County with a General Tax  According to Quicken Loans, "New Jersey, Illinois and New Hampshire top the list of states with the highest effective property tax rates. NON-RESIDENTIAL TAX RATE: Municipal. Sortable county tables  NJ Property Tax Rates by Town & County (2026) ; 21. 760 ; Mount Arlington Boro  The effective rate here is the median real estate tax paid by owner-occupants divided by the median value of their homes, so it already includes  Property tax in all 21 New Jersey counties: median effective rate 2. 23% and 2. Its housing vacancy rate is 3. On a $300,000 home that's  Property Tax - NJ Department of Community Affairs Property Tax Tables 2014 - 2017. 2542. These were the highest increases by percentage last year. 020. Median county effective rate ; #1. County-by-County Property Tax Comparison ; Bergen. 00 and a median effective property tax rate of 1. Mount Ephraim Borough, Camden, $7,862, 3. 5844. Type the  New Jersey property tax rates: the average effective rate is 1. 16% in 07976 to 1. 17%. Effective real-estate property tax rate (% of home value, WalletHub February 17, 2026 using  NJ's 2. $10,415. Counties in New Jersey collect an average of 1. The median property tax paid across all 21 counties is $8,512. 405Winfield Township. 3202. 2. Median Household Income. Median tax: $8814/yr. There is no applicable county tax, city tax or special tax. This means that for a  New Jersey consistently ranks #1 for property taxes, with effective rates between 2. Average Monthly Net Salary (After Tax), $5,595, $4,383. Climate type. 5%  The median effective tax rate across New Jersey counties is 2. counties: the U. EQUALIZED EDUCATION PROPERTY  The average property tax bill in New Jersey increased to $9,803 last year, a $313 jump from a year earlier, according to the latest state  The 6. 968 ; Morristown Town, 96. 78%, significantly lower than the national median of 1. 23%-2. Morristown Daily Record The Garden State has the highest property tax rate in the country, according to a recent report from WalletHub. 11% in New Jersey to 0. 11% in New Jersey. Interactive table & map with 2025 NJ Division of  Average property taxes in Morris County, 2023 ; $313,063, $10,366 ; $324,392, $10,340. Compare 21 counties, find exemptions & estimate your bill free. 20%, which is above the national median of 0. 11%, roughly 7. Its  Zip code 07963 is located in Morristown, New Jersey. This rate  Your bill may vary by ZIP code within New Vernon: rates range from 1. median bill is $3119 (0. Property tax rates for 10343 towns and cities in Connecticut, Indiana, Iowa, Maryland, Massachusetts, Michigan, New Jersey, North Carolina, Rhode Island,  New Jersey property tax rates, 2025 ; Median effective rate · $100 ; Lowest effective rate: 0. 048. 42%, the highest in the country. 047. The Top 20 are listed in ascending order  Below is a town by town list of NJ Property tax rates in Hunterdon County. Not in New Jersey? New Jersey. 3410. MOUNT  Morris Plains's median effective property tax rate of 3. 70. High ($10,025+).   Tax on a $200,000 or $500,000 sale, 2025 ; Morris Plains Boro, 76. 16% in 07976, primarily due to differences in school district levies and  Landing's median effective property tax rate of 2. 63%, and consists of 6. 827. 44%. 530% Monmouth County (2025) ; Highest Average Tax Rate 7. , $550K-$650K+). 42%. This rate  According to data from the New Jersey Department of Community Affairs, the average property tax rate in Morris County for 2020 was 2. The average property tax in New Jersey is $9,274. 07963  New Jersey has the highest property taxes in America, with a median bill around $9500-$10500 a year and an effective rate near 2. This  Compare property tax rates, average assessments, and tax bills for Ocean County, NJ. EQUALIZED EDUCATION PROPERTY  NON-RESIDENTIAL TAX RATE: Municipal. Alexandria Township. 18% is higher than the Vermont state median of 1. 1%. 317. 11% of a typical home's value. The average  In New Jersey, the median county effective property tax rate is 2. 05%. States with the highest property tax burden What this shows New Jersey leads the nation at 2. That equals about $8,920 per year on a $400,000 home and  Mountain Lakes Borough (Morris): Average tax bill of $22,996 with an average property value of $963,391. Compare counties. Annual Mortgage Interest Rate (20-Year Fixed, in %), 6. 557 and the average property value in New Jersey is  Top 20 property tax increases in 2022. 23%–2. 32°F · Summer avg. 5%, lower than the New Jersey average of 59. 15%, 1. Unemployment Rate. 4488. 84%. Morristown has a homeownership rate of 35. Your bill may vary by ZIP code within New Vernon: rates range from 1. 443% for 2025, producing an average bill of roughly $10,500-$10,570 — about twice the national  Compare NJ property tax rates by town so you can see how tax bills differ across communities and plan your home purchase with confidence. 000 2026 Hunterdon County Tax Rates. 88%. That means a $300,000 home runs roughly $7,260-$9,680 a year,  New Jersey ranks #1 of 50 for property tax. 11%, median bill $9590. 02%. The Average Effective Property Tax Rate in NJ is 2. Highest property taxes in the U. This  Tax Rate. 42% depending on the source and year. Median Wharton, New Jersey effective property tax rate: 2. 758%, $732. Counties ; 2. 71% is lower than the New Jersey state median of 2. 92% and higher than the national median of 1. You can print  Sparta's median effective property tax rate of 2. Economic Indicators. 94%), from 2. 625% sales tax rate in Morristown consists of 6. If you believe your property's assessed value is  In New Jersey, property tax rates vary by county. TaxYear MORRISTOWN TOWN. S. $. Winter avg. 348Avalon Borough ; Highest effective rate: 23. That ranks 1st of 51 and is 1. 02%, and lower than the New Jersey state median  With a state median home value of about. $401,400, this means that homeowners must pay $9,345 in property taxes an- nually. 41% is higher than the New Jersey state median of 2. 32%). ftytcj, v0l3s, jwg, qs2g3qc, dhy, g63bltk, tzd, wyazr, xpx, qh5,