Property taxes in New Jersey are some of the highest in the country, and they can vary dramatically from town to town. Whether you’re a first-time homebuyer, a longtime resident, or considering selling your home, understanding how NJ property taxes work by town is essential.

In this post, we'll break down what affects property taxes, show you some of the highest and lowest taxed towns, and explain what to consider before making your next move.

🧾 How Are Property Taxes Calculated in NJ?

Property taxes are based on:

• Assessed value of your home (set by your town)

• Local tax rate, which includes school, municipal, and county taxes

Formula:
Assessed Value × Tax Rate = Property Tax

This is why two homes with the same value in different towns can have very different tax bills.

💰 NJ Property Taxes by Town (2025 Data)

Here’s a quick look at average property tax bills in selected towns across New Jersey:

🏡 Salem County remains one of the most affordable counties for property taxes in NJ, making it a great choice for first-time buyers and downsizers.

🏠 What Towns Have the Highest Property Taxes?

Some of the highest property taxes in NJ are found in:

• Millburn (Essex County)

• Tenafly (Bergen County)

• Princeton (Mercer County)

• Maplewood (Essex County)

These areas often have highly rated public schools, large homes, and strong public services, which drive tax rates higher.

🌿 What Towns Have the Lowest Property Taxes?

Looking for relief? Consider these lower-tax towns:

• Elmer, Pittsgrove, and Carneys Point (Salem County)

• Cape May Court House (Cape May County)

• Woodbine (Cape May County)

• Mannington Township (Salem County)

These towns often offer more land, lower housing costs, and a quieter pace—ideal for families or retirees.

🔍 Why Property Taxes Matter When Buying or Selling

• Buyers: High property taxes = higher monthly payment

• Sellers: High taxes can affect how quickly your home sells

• Investors: Low-tax towns may offer better long-term ROI

Before you buy or sell, always check the current property tax rate for the exact address or work with a local agent who can explain how it impacts your situation.

👋 Let’s Talk About Your Town

As a local real estate agent in Salem County, NJ, I help buyers and sellers understand their total cost of ownership—including taxes—before they make a move.

If you're thinking of buying, selling, or just want to know what your property is worth (and if your taxes are too high), let’s connect.

📲 Contact me today for a free home value & tax analysis.