New Jersey Property Tax Calculator
Calculate your NJ property tax by county, compare rates across major counties, and check if you qualify for Homestead Benefit or Senior Freeze relief. New Jersey has the highest property taxes in America.
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How to Use This Calculator
Annual Tax tab
Enter your home value and select your NJ county. The calculator applies the county's effective tax rate to estimate your annual property tax, monthly cost, and quarterly payment. It also shows how your bill compares to the NJ statewide median of $9,358.
County Comparison tab
View all 8 major NJ counties ranked by effective tax rate. Each entry shows the median home value and median annual tax bill. Camden County leads at 3.18%, while Ocean County has the lowest rate at 1.76%. The tab also provides national context — NJ is the #1 highest-tax state in the US.
Relief Programs tab
Enter your age, income, years in home, current tax bill, and base year assessment to check eligibility for two NJ relief programs: the Homestead Benefit (income-based credit on your tax bill) and the Senior Freeze (reimburses tax increases above your base year for residents 65+ or disabled).
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All inputs are encoded in the URL. Click Share to send your exact scenario to a partner, real estate agent, or financial advisor.
The Formula
NJ property tax is calculated as a percentage of your home's assessed value:
Monthly Property Tax = Annual Tax ÷ 12
Where:
Assessed Value ≈ Market Value (NJ assesses at or near 100%)
Effective Tax Rate = 1.76% to 3.18% (varies by county)
Example: $400,000 home in Camden County (3.18%)
$400,000 × 0.0318 = $12,720/year = $1,060/month
NJ municipalities set their own tax rates based on budgetary needs. The rates shown here are county-level averages. Your actual rate depends on your specific municipality, school district budget, and most recent property reassessment.
Example
Maria — Homeowner in Bergen County, NJ
Maria owns a $400,000 home in Bergen County, New Jersey. She wants to understand her property tax burden and whether she qualifies for any relief programs. Her household income is $85,000 and she is 58 years old.
Annual property tax
Relief program eligibility
Maria's property tax of $793/month is on top of her mortgage payment. When she turns 65, she may also qualify for the Senior Freeze program, which would reimburse any tax increases above her base year amount — potentially saving hundreds more per year.