United Paramount Tax Group
New Jersey (NJ) Property Tax Info
| Property Tax Rank in US (best =1) | 47 |
| Corporate Tax Rank in US (best =1) | 49 |
| Sales Tax Rank in US (best =1) | 42 |
| Effective Real-Estate Tax Rate | 2.40% |
| Is Personal Property Taxable | No |
| New Jersey State Website | http://nj.gov/ |
| Capital | Trenton |
| Largest City | Newark |
| Largest Metro Area | 282,090 |
Important Dates
For Real Property
- New Jersey Property Tax Filing Deadline Exempt
- New Jersey Property Tax Appeal Deadline 15-Aug
For Business Personal Property
- BPP Filing (Rendition) Deadline Exempt
- BPP Appeal Deadline Exempt
New Jersey Property Tax Rate
New Jersey Property taxes go entirely to local governments. Bills are paid annually across four installments, which are due on the first of February, May, August and November. The amount a homeowner in New Jersey pays depends primarily on the value of his or her home and the total tax rates among all local tax authorities.
Homeowners in New Jersey pay the highest property taxes of any state in the country. In fact, rates in some areas are more than double the national average. The average effective property tax rate in New Jersey is 2.42%, compared to the national average of 1.07%.