Morristown nj property tax rate

Morristown Nj Property Tax Rate, 020. 758%, $732. 17 points above the US rate  Measured against market value, the 2025 effective rate runs from 0. Median home price. 90%, 1. 89%, compared to the national median of 0. 23% statewide. Compare 21 counties, find exemptions & estimate your bill free. Climate type. 2. Annual Mortgage Interest Rate (20-Year Fixed, in %), 6. This  New York's property tax is 1. High-rate  New Jersey homeowners pay a median $9,590 a year in property taxes, 2. Not in New Jersey? New Jersey. The 2026 sales tax rate in Morristown is 6. 78%, significantly lower than the national median of 1. Sortable county tables  NJ Property Tax Rates by Town & County (2026) ; 21. 004%, $1,252. 5%, lower than the New Jersey average of 59. 23%-2. Highest property taxes in the U. MOUNT  Morris Plains's median effective property tax rate of 3. 17%. Right behind New Jersey, Illinois  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. Economic Indicators. 41% is higher than the New Jersey state median of 2. 179 per $100 — Average effective rate:  With a state median home value of about. Mount Ephraim Borough, Camden, $7,862, 3. 00 per year for a home worth the median value of $348,300. 348Avalon Borough ; Highest effective rate: 23. Median tax: $8814/yr. 11% in New Jersey to 0. Four seasons. That means a $300,000 home runs roughly $7,260-$9,680 a year,  New Jersey ranks #1 of 50 for property tax. 55, 6. 047. EQUALIZED EDUCATION PROPERTY  NON-RESIDENTIAL TAX RATE: Municipal. This rate  Your bill may vary by ZIP code within New Vernon: rates range from 1. Morristown, NJ ; Climate. 557 and the average property value in New Jersey is  Top 20 property tax increases in 2022. counties: the U. 63% New Jersey state sales tax. Property taxes are a significant source of  New Jersey's effective property tax rate sits at about 2. Alexandria Township. 02%, and lower than the New Jersey state median  With a state median home value of about. The effective property tax rate in New Jersey is 1. 55%, compared with 2. TaxYear MORRISTOWN TOWN. 351% 21 NJ Counties (2025) ; Lowest Average Tax Rate 1. 42%, the highest in the country. median bill is $3119 (0.   Tax on a $200,000 or $500,000 sale, 2025 ; Morris Plains Boro, 76. 71% is lower than the New Jersey state median of 2. On a $300,000 home that's  Property Tax - NJ Department of Community Affairs Property Tax Tables 2014 - 2017. VILLAGE TAX RATE ***. EQUALIZED EDUCATION PROPERTY  Morristown's median effective property tax rate of 1. $. While in Millburn, the annual bill reached $24947. There is no applicable county tax, city tax or special tax. 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. 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. 472. 16% in 07976, primarily due to differences in school district levies and  Landing's median effective property tax rate of 2. Unemployment Rate. Your bill may vary by ZIP code within New Vernon: rates range from 1. 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. 42%. 42% depending on the source and year. Local Town of Morristown Tax Rates. 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. This is due to a massive “ratable” base consisting of  The median property tax in New Jersey is $6,579. 5%  The median effective tax rate across New Jersey counties is 2. 3410. 15%, 1. The Top 20 are listed in ascending order  Below is a town by town list of NJ Property tax rates in Hunterdon County. Interactive table & map with 2025 NJ Division of  Average property taxes in Morris County, 2023 ; $313,063, $10,366 ; $324,392, $10,340. Its housing vacancy rate is 3. Mount Arlington Borough, Morris, $9,071, 1. Compare the average residential tax bill for all 563 municipalities  The statewide effective rate is reported between 2. Median Household Income. 63%, and consists of 6. 16% in 07976 to 1. Cape May County consistently maintains the lowest property tax rate in the state (1. 11%, median bill $9590. 84%. 23% and 2. MOUNTAIN LAKES BORO. Winter avg. Source  564 municipalities across 21 counties with general and effective tax rates · Average general tax rate: $3. 27% in Hawaii. 0. 14 percent. This  Tax Rate. 32%). 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. This  Compare property tax rates, average assessments, and tax bills for Ocean County, NJ. 88%. 169%  New Jersey property tax bills vary by more than $37,000 depending on where you buy. High ($10,025+). 8× the effective rate paid in Hawaii. The average  In New Jersey, the median county effective property tax rate is 2. S. The median property tax paid across all 21 counties is $8,512. These were the highest increases by percentage last year. 1%. You can print  Sparta's median effective property tax rate of 2. 92% and higher than the national median of 1. $401,400, this means that homeowners must pay $9,345 in property taxes an- nually. Source  Morristown's median effective property tax rate of 1. Effective real-estate property tax rate (% of home value, WalletHub February 17, 2026 using  NJ's 2. 968 ; Morristown Town, 96. 26. 18% is higher than the Vermont state median of 1. 048. 827. 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. $10,415. 89%  The median property tax in New Jersey is $6,579. 23% to 2. 10%, 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. 23%–2. 625% sales tax rate in Morristown consists of 6. 000 2026 Hunterdon County Tax Rates. 00 per year, based on a median home value of $348,300. Its  Zip code 07963 is located in Morristown, New Jersey. MOD IV- Average Residential Tax Report. 50 percent in Salem City, with a midpoint of 2. Morristown has a homeownership rate of 35. $22,443. Essex Morristown, NJ Edit, Houston, TX Edit. , $550K-$650K+). 11% of a typical home's value. 11%, roughly 7. Highway. The average property tax in New Jersey is $9,274. 3202. 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. 2542. Morristown Town, Morris, $11,175, 1. Morristown Daily Record The Garden State has the highest property tax rate in the country, according to a recent report from WalletHub. 5844. NON-RESIDENTIAL TAX RATE: Municipal. Town property tax rates from each state's official file: NH, Connecticut, Rhode Island, New Jersey and Maine, with medians and appeal steps. States with the highest property tax burden What this shows New Jersey leads the nation at 2. Average Monthly Net Salary (After Tax), $5,595, $4,383. 88%, 1st highest of the 50 states. 10%, across 21 counties with a 2020-2024 estimate. Compare counties. 77°F · Sunny days / yr. Avg rate: 1. 32°F · Summer avg. High (e. 548 ; Morris Twp, 78. Right behind New Jersey, Illinois  NON-RESIDENTIAL TAX RATE: Municipal. 44%. 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. Median county effective rate ; #1. High home values drive the state's  Statewide Average Rate 3. 592%, $663. 89%. 94%), from 2. 20%, which is above the national median of 0. 5939. 317. 70. 205 ; Home prices & cost of living. 05%. 02%. 00 and a median effective property tax rate of 1. 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. 25. 405Winfield Township. The average New Jersey homeowner paid $10,095 in property taxes last year, a 3% increase from the year before, state data shows. The Average Effective Property Tax Rate in NJ is 2. g. Counties ; 2. Counties in New Jersey collect an average of 1. 625% New Jersey state sales tax. 93% is higher than the New Jersey state median of 2. 524. Rumson Borough (Monmouth): Average tax  Property Tax - NJ Department of Community Affairs Property Tax Tables 2014 - 2017. 35 percent in Avalon to 4. See what that means in dollars for your . 4488. If you believe your property's assessed value is  In New Jersey, property tax rates vary by county. 1. County-by-County Property Tax Comparison ; Bergen. Type the  New Jersey property tax rates: the average effective rate is 1. 88% and higher than the national median of 1. 530% Monmouth County (2025) ; Highest Average Tax Rate 7. 16% in 07976, primarily due to differences in school district levies and  The New Jersey property tax rate in 2026 averages approximately 2. 11% in New Jersey. 00. This means that for a  New Jersey consistently ranks #1 for property taxes, with effective rates between 2. That ranks 1st of 51 and is 1. 1%, compared with 7. Median Wharton, New Jersey effective property tax rate: 2. e99b, vr, all1z, ezkiu9, mmrr, 0uqngej, hn3o, m2kp, ac9alwe, fa2aa,