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how much are property taxes in new jersey

1Answers
DelElaina
11/28/2025, 06:09:54 AM

At 2.23%, NJ has the highest property taxes in America - but some towns offer rates under 1%. With the 2025 effective rate projected to maintain 2.23%, owners of median-priced $400,000 homes will continue paying around $8,920 yearly - a reality that significantly impacts household budgets and contributes to New Jersey's cost-of-living challenges despite some municipal variations.

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