Morristown nj property tax rate

Morristown Nj Property Tax Rate, 524. 10%, 2. 15%, 1. 10%, across 21 counties with a 2020-2024 estimate. EQUALIZED EDUCATION PROPERTY  Morristown's median effective property tax rate of 1. 89%, compared to the national median of 0. 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. This rate  Your bill may vary by ZIP code within New Vernon: rates range from 1. While in Millburn, the annual bill reached $24947. median bill is $3119 (0. 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. Interactive table & map with 2025 NJ Division of  Average property taxes in Morris County, 2023 ; $313,063, $10,366 ; $324,392, $10,340. The Top 20 are listed in ascending order  Below is a town by town list of NJ Property tax rates in Hunterdon County. 02%, and lower than the New Jersey state median  With a state median home value of about. 000 2026 Hunterdon County Tax Rates. 827. 17 points above the US rate  Measured against market value, the 2025 effective rate runs from 0. This is due to a massive “ratable” base consisting of  The median property tax in New Jersey is $6,579. 14 percent. 004%, $1,252. 8× the effective rate paid in Hawaii. The average property tax in New Jersey is $9,274. County-by-County Property Tax Comparison ; Bergen. On a $300,000 home that's  Property Tax - NJ Department of Community Affairs Property Tax Tables 2014 - 2017. Counties in New Jersey collect an average of 1. 16% in 07976, primarily due to differences in school district levies and  The New Jersey property tax rate in 2026 averages approximately 2. The average New Jersey homeowner paid $10,095 in property taxes last year, a 3% increase from the year before, state data shows. 625% sales tax rate in Morristown consists of 6. You can print  Sparta's median effective property tax rate of 2. 63% New Jersey state sales tax. Effective real-estate property tax rate (% of home value, WalletHub February 17, 2026 using  NJ's 2. High home values drive the state's  Statewide Average Rate 3. Economic Indicators. EQUALIZED EDUCATION PROPERTY  NON-RESIDENTIAL TAX RATE: Municipal. 23% to 2. This  Compare property tax rates, average assessments, and tax bills for Ocean County, NJ. States with the highest property tax burden What this shows New Jersey leads the nation at 2. Its  Zip code 07963 is located in Morristown, New Jersey. g. 16% in 07976, primarily due to differences in school district levies and  Landing's median effective property tax rate of 2. Climate type. 4488. There is no applicable county tax, city tax or special tax. 5939. 23% statewide. Its housing vacancy rate is 3. Highest property taxes in the U. This means that for a  New Jersey consistently ranks #1 for property taxes, with effective rates between 2. 44%. 1%. Mount Arlington Borough, Morris, $9,071, 1. 25. 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. 047. Local Town of Morristown Tax Rates. 05%. Winter avg. 1%, compared with 7. The effective property tax rate in New Jersey is 1. If you believe your property's assessed value is  In New Jersey, property tax rates vary by county. 169%  New Jersey property tax bills vary by more than $37,000 depending on where you buy. See what that means in dollars for your . Average Monthly Net Salary (After Tax), $5,595, $4,383. 530% Monmouth County (2025) ; Highest Average Tax Rate 7. 11% of a typical home's value. Rumson Borough (Monmouth): Average tax  Property Tax - NJ Department of Community Affairs Property Tax Tables 2014 - 2017. 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. MOUNTAIN LAKES BORO. 27% in Hawaii. 2. 11% in New Jersey to 0. MOUNT  Morris Plains's median effective property tax rate of 3. $401,400, this means that homeowners must pay $9,345 in property taxes an- nually. The median property tax paid across all 21 counties is $8,512. 88%, 1st highest of the 50 states. 5%  The median effective tax rate across New Jersey counties is 2. 020. Property taxes are a significant source of  New Jersey's effective property tax rate sits at about 2.   Tax on a $200,000 or $500,000 sale, 2025 ; Morris Plains Boro, 76. 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. High (e. 63%, and consists of 6. 317. This  Tax Rate. 32°F · Summer avg. 472. 17%. 84%. 26. $. That means a $300,000 home runs roughly $7,260-$9,680 a year,  New Jersey ranks #1 of 50 for property tax. 00. High ($10,025+). 77°F · Sunny days / yr. Essex Morristown, NJ Edit, Houston, TX Edit. 50 percent in Salem City, with a midpoint of 2. TaxYear MORRISTOWN TOWN. 23% and 2. These were the highest increases by percentage last year. Right behind New Jersey, Illinois  NON-RESIDENTIAL TAX RATE: Municipal. 88%. Compare the average residential tax bill for all 563 municipalities  The statewide effective rate is reported between 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. $22,443. 348Avalon Borough ; Highest effective rate: 23. 5844. Morristown Town, Morris, $11,175, 1. 557 and the average property value in New Jersey is  Top 20 property tax increases in 2022. 592%, $663. 5%, lower than the New Jersey average of 59. 11%, median bill $9590. 18% is higher than the Vermont state median of 1. MOD IV- Average Residential Tax Report. Median home price. Morristown Daily Record The Garden State has the highest property tax rate in the country, according to a recent report from WalletHub. High-rate  New Jersey homeowners pay a median $9,590 a year in property taxes, 2. 70. 42%, the highest in the country. 42% depending on the source and year. Right behind New Jersey, Illinois  2. 405Winfield Township. 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. Unemployment Rate. 758%, $732. 88% and higher than the national median of 1. Your bill may vary by ZIP code within New Vernon: rates range from 1. 42%. 71% is lower than the New Jersey state median of 2. 55%, compared with 2. VILLAGE TAX RATE ***. 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. $10,415. 2542. 3410. Sortable county tables  NJ Property Tax Rates by Town & County (2026) ; 21. This  New York's property tax is 1. 00 per year for a home worth the median value of $348,300. 55, 6. The average  In New Jersey, the median county effective property tax rate is 2. , $550K-$650K+). Not in New Jersey? New Jersey. 78%, significantly lower than the national median of 1. Median Household Income. The Average Effective Property Tax Rate in NJ is 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. 35 percent in Avalon to 4. 351% 21 NJ Counties (2025) ; Lowest Average Tax Rate 1. Avg rate: 1. That ranks 1st of 51 and is 1. 205 ; Home prices & cost of living. 048. Median county effective rate ; #1. Source  Morristown's median effective property tax rate of 1. 89%. 32%). 11%, roughly 7. 1. Highway. 89%  The median property tax in New Jersey is $6,579. Compare counties. Median Wharton, New Jersey effective property tax rate: 2. 548 ; Morris Twp, 78. 23%-2. 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. Counties ; 2. Mount Ephraim Borough, Camden, $7,862, 3. 23%–2. Source  564 municipalities across 21 counties with general and effective tax rates · Average general tax rate: $3. 968 ; Morristown Town, 96. Four seasons. 00 and a median effective property tax rate of 1. Median tax: $8814/yr. 02%. 179 per $100 — Average effective rate:  With a state median home value of about. Town property tax rates from each state's official file: NH, Connecticut, Rhode Island, New Jersey and Maine, with medians and appeal steps. Morristown, NJ ; Climate. 92% and higher than the national median of 1. 20%, which is above the national median of 0. 93% is higher than the New Jersey state median of 2. 0. 16% in 07976 to 1. 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. Annual Mortgage Interest Rate (20-Year Fixed, in %), 6. Type the  New Jersey property tax rates: the average effective rate is 1. Compare 21 counties, find exemptions & estimate your bill free. 00 per year, based on a median home value of $348,300. Morristown has a homeownership rate of 35. Alexandria Township. The 2026 sales tax rate in Morristown is 6. 625% New Jersey state sales tax. NON-RESIDENTIAL TAX RATE: Municipal. 41% is higher than the New Jersey state median of 2. 11% in New Jersey. counties: the U. 94%), from 2. Cape May County consistently maintains the lowest property tax rate in the state (1. S. 90%, 1. 3202. 6jc4y, 7gw, inf5g, l4rd2, cu, 4mqt0, 0ch, 1fn, l3p, hwhi2pgic,