New Jersey Average Property Tax Hits Record High

It’s the tax that never stops growing. The average property tax in New Jersey has hit a record high, with homeowners paying an average of $9284 in property taxes alone in 2021.

That figure marks a rise from an average of $9,112 in 2020 – a 1.86% spike in a single year.

For comparison, the average homeowners in the United States pays $2,471 in property taxes on their home each year.

A ranking of property taxes in all 50 states conducted by WalletHub in 2021 found that New Jersey homeowners pay the highest real estate tax rate in the country – 2.49%.

The state with the lowest tax rate is Hawaii, with homeowners paying a rate of just 0.28% on their homes.


This content, and any other content on TLS, may not be republished or reproduced without prior permission from TLS. Copying or reproducing our content is both against the law and against Halacha. To inquire about using our content, including videos or photos, email us at

Stay up to date with our news alerts by following us on Twitter, Instagram and Facebook.

**Click here to join over 10,000 receiving our Whatsapp Status updates!**

Got a news tip? Email us at, Text 415-857-2667, or WhatsApp 609-661-8668.

Check out TLS's latest Instagram Posts

There are 4 Comments to "New Jersey Average Property Tax Hits Record High"

  • david says:

    Im on HUD so it doesnt effect me but I can say we get very little services from these taxes

  • Anonymous says:

    David, not sure what you mean. My property taxes is paying your HUD bill. You are most definitely getting services from this.

    • sam says:

      HUD is paid by the federal government, not our property tax.
      Property taxes go to schooling, county, township & fire dpt.
      for 2017 it was
      28.85% township
      2.36% fire
      48.94% School
      19.85% county

  • TheConsultant says:

    Another reason not to have voted for Murphy besides for his signing this week legislation enshrining toevah marriage and abortion until birth into law.