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New Jersey property tax: Census indicators
The 2020-2024 American Community Survey reports median yearly real estate taxes of $9,590 and median home value of $454,400 for owner-occupied homes in New Jersey. Their ratio is 2.11 %, 124 % above the national ratio.
Historical Census medians in New Jersey
| Owner-occupied housing measure | 2020-2024 ACS |
|---|---|
| Median yearly real estate taxes paid | $9,590 |
| Median home value | $454,400 |
| Ratio of the two medians | 2.11 % |
This table describes survey respondents, not tax on a purchase price. Use an assessor-confirmed yearly bill or estimate in the rental property calculator or cap rate calculator.
New Jersey Census property tax indicators by county
21 counties, highest ratio first. Highest: Salem County (2.93 %). Lowest: Cape May County (1.22 %).
| County | Census ratio | Median tax | Median home value |
|---|---|---|---|
| Salem County | 2.93 % | $7,018 | $239,500 |
| Camden County | 2.83 % | $8,134 | $287,100 |
| Gloucester County | 2.60 % | $8,055 | $310,400 |
| Mercer County | 2.36 % | $8,909 | $377,700 |
| Warren County | 2.34 % | $8,119 | $346,500 |
| Sussex County | 2.32 % | $8,568 | $369,400 |
| Atlantic County | 2.30 % | $6,776 | $295,000 |
| Cumberland County | 2.28 % | $5,052 | $221,400 |
| Burlington County | 2.26 % | $7,983 | $354,000 |
| Passaic County | 2.18 % | $10,001 | $459,500 |
| Middlesex County | 2.10 % | $9,712 | $462,900 |
| Hunterdon County | 1.93 % | $10,001 | $517,200 |
| Essex County | 1.91 % | $10,001 | $524,100 |
| Union County | 1.89 % | $10,001 | $529,200 |
| Somerset County | 1.81 % | $10,001 | $552,100 |
| Hudson County | 1.77 % | $9,555 | $539,700 |
| Morris County | 1.72 % | $10,001 | $582,500 |
| Monmouth County | 1.65 % | $10,001 | $606,100 |
| Ocean County | 1.65 % | $6,562 | $398,400 |
| Bergen County | 1.61 % | $10,001 | $623,000 |
| Cape May County | 1.22 % | $5,306 | $434,600 |
Questions
What does the New Jersey Census property tax indicator mean?
It is 2.11 %: median yearly real estate taxes ($9,590) divided by median home value ($454,400) for owner-occupied homes in the 2020-2024 ACS. It is 124 % above the national ratio and ranks 1st among the 50 states and DC. It is not a current tax rate.
Which county in New Jersey has the highest Census ratio?
Salem County, at 2.93 % (median bill $7,018). The lowest is Cape May County, at 1.22 %. These are ratios of survey medians, not applicable county tax rates.
Can this predict tax on a $300,000 rental in New Jersey?
No. A ratio of two survey medians is not a parcel tax rate or the median of individual rates. Ask the property assessor or tax collector for an assessment using the property address, purchase circumstances, exemptions and local levies.
About the data
Census indicator = median real estate taxes paid / median home value for owner-occupied homes. The ratio of two medians is not the median of individual property tax rates. The 2020-2024 survey is historical, excludes rental housing from these measures and carries sampling uncertainty, especially in small counties. It does not provide current levies, reassessment values or a bill for a specific parcel.
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Last updated November 7, 2026.