NJ Property Tax Showdown: Which Counties Win (and Lose) Big in 2023?
New Jersey Property Tax Breakdown: Highest and Lowest by County (2023)
I know we are beating a dead horse with all this news about property taxes in New Jersey, but the hits keep on coming with the latest statistics out. New Jersey residents are no strangers to high property taxes. The average bill reached $9,803 in 2023, but there's significant variation across the state. This article explores the extremes – the counties with the highest and lowest average property tax bills.
Key Takeaways:
The average property tax bill in New Jersey is $9,803 (2023).
Some counties boast significantly higher averages, exceeding $20,000.
Property taxes often correlate with property values.
Counties with the Highest Average Property Taxes:
Essex County: $24,947 (Millburn Township holds the top spot within the county at $24,947)
Monmouth County: $22,544 (Rumson Borough takes the county crown at $22,544)
Morris County: $22,441 (Mountain Lakes Borough leads the county with $22,441)
Ocean County: $23,021 (Mantoloking Borough holds the highest average at $23,021)
Camden County: While Tavistock Borough boasts the highest individual tax bill in the state at $38,206, the county's average sits at $8,232.
Counties with the Lowest Average Property Taxes:
Salem County: $3,438 (Lower Alloways Creek Township holds the title for the lowest at $2,279)
Gloucester County: $5,644 (Logan Township has the county's lowest average at $4,308)
Cumberland County: $4,612 (Commercial Township boasts the lowest at $2,801)
Cape May County: $4,510 (Woodbine Borough holds the county's lowest average at $2,104)
Burlington County: $5,502 (Washington Township has the county's lowest at $3,933)
Important Note:
While the data provides county averages, individual municipalities within each county can have significant variations.
Looking for a deeper dive? Check out NJ.com’s recent article.
