Average NJ Property Tax Bill Nearly $9,300 – Check Your City Here

TRENTON — Property taxes in New Jersey rose again nearly 2% last year, limited by the cap, but still amounting to a $583 million tax hike. The statewide tab is now over $31 billion.

The tax bill on the average home has unofficially risen to $9,266, according to a New Jersey 101.5 review of county summaries of rates and Treasury Department home valuation data. This is an increase of $154 over the previous year.

The governor’s office told NJ.com on Friday it was slightly higher, at $9,284. Official figures from the state Department of Community Affairs were due 10 days ago but have yet to be released, but are expected to be released soon.

City-by-city details in each county, as well as an interactive map, are available at the bottom of this story.

“We’re making more headway against property taxes than any administration before us,” Murphy said.

Gov. Phil Murphy, who will be inaugurated for a second term on Tuesday, spoke about his property tax record last week in his fourth state of the state address.

“We’re making more headway against property taxes than any administration before us,” Murphy said. “Because of the policies we’ve put in place and the community investments we’ve made, our administration has slowed the rate of property tax growth more than any of the four previous administrations – a record that includes four of the most low year on year. annual property tax increases recorded.

Senator Declan O’Scanlon, R-Monmouth, said property tax increases have slowed mainly because of the 2% cap installed a decade ago. He said they were still under pressure due to the expiry of an arbitration cap on police salaries and that they would benefit from pension reforms which are not on the agenda.

“This administration has benefited from the reforms that have been in place since before they took office,” O’Scanlon said.

“This year hasn’t turned out to be a particularly bad year, and that’s good,” he said. “But no one should be mistaken in believing that we have solved their property tax problem. There is still a lot of work to do. »

School taxes increased by 2.3%, compared to 1.6% for departmental taxes and 1.3% for municipal taxes.

The total statewide tax levy for county, municipal and school budgets increased 1.9% to $31.4 billion. Add the $324 million for 267 special tax districts not included in the standard analysis, including 175 fire districts, and the bill is around $31.75 billion.

For the average home in the state, which is now valued at around $335,000, the bill jumped 1.7% last year. The increase of $154 was exactly equal to the average increase over the previous decade and was about half of the annual increase of $315 recorded over the previous decade.

Over the past 10 years, property tax bills have increased by an average of 1.8% per year. This compares to nearly 5.3% over the previous decade. But that was an increase of $1,507 over the past decade from $7,759 in 2011.

Schools, which account for about 53% of the statewide property tax bill, accounted for 64.5% of the increase in 2021. School taxes rose 2.3%, from 1 .6% for county taxes and 1.3% for municipal taxes.

Murphy said his administration spent $3 billion more on public schools in his first term than the state had spent in the previous four years, including $1.5 billion for this one alone. school year.

“We are doing this not only because our children deserve it, but also because our property taxpayers deserve it as well,” Murphy said. “School funding is property tax relief. Every one of those dollars that we as a state have invested is a dollar kept in the pockets of property taxpayers.

Assembly Minority Leader John DiMaio, R-Warren, said state revenue growth should be redirected to schools and municipal aid and tied to lower property taxes.

“We need to reduce the cost people pay in all aspects of life, starting with their taxes,” DiMaio said. “That’s what people want.”

Two hundred of the state’s 565 municipalities had average residential tax bills of $10,000 or more in 2021, up 11 from the previous year.

2021 NJ Property Taxes: See How Your City Compares

Find your municipality in this alphabetical list to see how its average property tax bill for 2021 compares to others. You can also see how much the average bill has changed since 2020. For an interactive map version, click here. And for the full analysis by New Jersey 101.5, read this story.

Find your municipality on the map below and click to see more information.

To view this map on a larger screen, follow this link.

Penny D. Jackson