Essex County, New Jersey Property Taxes
The median property tax rate in Essex County is 3.51%, which is significantly higher than both the national median of 0.99% and the New Jersey state median of 2.82%. With the median home value in Essex County at $335,900, the typical annual property tax bill reaches $11,297, far exceeding the national median of $2,690. Property taxes in Essex County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Essex County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Newark or another part of Essex County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Essex County, New Jersey Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.51%
Estimate Property Tax Bill
$11,790
$10,941
Ownwell’s Essex County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Essex County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Essex County to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Essex County, New Jersey
Property taxes in Essex County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Essex County is 3.51%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Essex County set these rates annually, and they can vary significantly between different areas within the county. Each year, Essex County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Irvington has one of the higher property tax rates in New Jersey at 5.96%, while the city of Millburn boasts one of the lowest at 1.94%. Analyzing how Essex County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Essex County Tax Rate
3.51%
Average New Jersey Tax Rate
2.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Essex County, New Jersey
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Belleville | 3.85% | 3.85% | 3.85% | 3.85% | 3.85% |
| Bloomfield | 3.20% | 3.20% | 3.20% | 3.20% | 3.20% |
| Caldwell | 2.18% | 2.18% | 2.18% | 3.02% | 3.02% |
| Cedar Grove | 2.56% | 2.56% | 2.56% | 2.56% | 2.56% |
| Clifton | N/A | N/A | N/A | N/A | N/A |
| East Orange | 2.91% | 2.91% | 2.91% | 2.91% | 2.91% |
| Essex Fells | 2.19% | 2.19% | 2.19% | 2.19% | 2.19% |
| Fairfield | 2.00% | 2.00% | 2.00% | 2.00% | 2.00% |
| Glen Ridge | 3.29% | 3.29% | 3.29% | 3.29% | 3.29% |
| Irvington | 5.96% | 5.96% | 5.96% | 5.96% | 5.96% |
| Little Falls | N/A | N/A | N/A | N/A | N/A |
| Livingston | 2.33% | 2.33% | 2.33% | 2.33% | 2.33% |
| Maplewood | 3.53% | 3.53% | 3.53% | 3.53% | 3.53% |
| Millburn | 1.94% | 1.94% | 1.94% | 1.94% | 1.94% |
| Montclair | 3.29% | 3.29% | 3.29% | 3.29% | 3.29% |
| Newark | 3.74% | 3.74% | 3.74% | 3.74% | 3.74% |
| North Caldwell | 2.18% | 2.18% | 2.18% | 2.18% | 2.18% |
| Nutley | 3.86% | 3.86% | 3.86% | 3.86% | 3.86% |
| Odenville | N/A | N/A | N/A | N/A | N/A |
| Orange | 3.47% | 3.47% | 3.47% | 3.47% | 3.47% |
| Roseland | 2.33% | 2.33% | 2.33% | 2.34% | 2.34% |
| Short Hills | 1.94% | 1.94% | 1.94% | 1.94% | 1.94% |
| South Orange | 3.51% | 3.51% | 3.51% | 3.51% | 3.51% |
| Union | N/A | N/A | N/A | N/A | N/A |
| Verona | 2.99% | 2.99% | 2.99% | 2.99% | 2.99% |
| West Caldwell | 2.66% | 2.66% | 2.66% | 2.66% | 2.66% |
| West Orange | 4.44% | 4.44% | 4.44% | 4.44% | 4.44% |
Source: Ownwell
Property Tax Assessment Values Across Essex County, New Jersey
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Essex County, NJ. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Essex County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Essex County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For instance, North Caldwell has the highest median tax bill at $29,600, while Clifton has the lowest at $622. Being aware of these valuation processes in Essex County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Essex County, New Jersey
Source: Ownwell
$139,900
$749,150
$1,358,400
Average Essex County Assessed Value
$335,900
Average New Jersey Assessed Value
$282,900
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Essex County, New Jersey
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Belleville | $170,650 | $237,400 | $278,900 | $318,600 | $378,300 |
| Bloomfield | $218,300 | $302,100 | $359,000 | $416,900 | $472,600 |
| Caldwell | $335,950 | $411,325 | $551,700 | $736,575 | $992,130 |
| Cedar Grove | $316,000 | $374,775 | $429,700 | $525,625 | $656,650 |
| Clifton | N/A | N/A | N/A | N/A | N/A |
| East Orange | $197,670 | $272,400 | $329,900 | $383,725 | $436,300 |
| Essex Fells | $486,570 | $588,175 | $813,200 | $1,120,150 | $1,548,390 |
| Fairfield | $281,870 | $398,550 | $486,850 | $608,800 | $744,510 |
| Glen Ridge | $432,940 | $492,450 | $578,000 | $797,925 | $1,022,550 |
| Irvington | $90,500 | $115,400 | $139,900 | $173,500 | $214,900 |
| Little Falls | N/A | N/A | N/A | N/A | N/A |
| Livingston | $436,700 | $490,200 | $589,150 | $779,100 | $1,105,120 |
| Maplewood | $264,590 | $329,400 | $491,650 | $620,725 | $781,520 |
| Millburn | $480,200 | $618,400 | $744,400 | $840,000 | $957,540 |
| Montclair | $286,170 | $395,550 | $586,600 | $765,050 | $1,004,520 |
| Newark | $106,600 | $137,400 | $172,600 | $224,200 | $282,900 |
| North Caldwell | $496,460 | $1,187,300 | $1,358,400 | $1,381,400 | $1,458,060 |
| Nutley | $218,180 | $262,800 | $308,300 | $362,600 | $441,020 |
| Odenville | N/A | N/A | N/A | N/A | N/A |
| Orange | $162,730 | $235,575 | $313,100 | $387,525 | $457,310 |
| Roseland | $304,730 | $350,725 | $456,600 | $549,600 | $680,690 |
| Short Hills | $906,480 | $1,084,000 | $1,350,000 | $1,815,900 | $2,500,000 |
| South Orange | $347,200 | $428,400 | $548,400 | $713,000 | $850,800 |
| Union | N/A | N/A | N/A | N/A | N/A |
| Verona | $181,900 | $355,000 | $423,300 | $511,600 | $629,200 |
| West Caldwell | $308,160 | $360,400 | $433,800 | $508,650 | $580,280 |
| West Orange | $215,300 | $254,100 | $307,400 | $368,600 | $499,110 |
Source: Ownwell
Property Tax Bills Across Essex County, New Jersey
In Essex County, NJ, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county's tax assessor, who evaluates the property's market value. This assessed value is then multiplied by the county's tax rate to calculate the annual tax bill. Several factors influence the tax bill, including property size, location, and market conditions. Homeowners in Essex County experience a wide range of tax bills, with the 25th percentile paying around $8,193, while those in the 75th percentile face bills up to $15,125. The top 10% of homeowners may see tax bills as high as $21,948. Comparatively, the national median property tax rate is 0.99%, making Essex County's rates significantly higher. This can have a substantial impact on homeowners, affecting their overall cost of living and financial planning. For instance, in North Caldwell, the highest median tax bill reaches $29,600, while Clifton has the lowest at $622, highlighting the variability within the county.
Average Essex County Tax Bill
$11,297
Average New Jersey Tax Bill
$8,227
Average United States Tax Bill
$2,690
Property Tax Bills Across Essex County, New Jersey
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Belleville | $6,523 | $9,125 | $10,725 | $12,269 | $14,540 |
| Bloomfield | $6,993 | $9,667 | $11,468 | $13,324 | $15,065 |
| Caldwell | $8,913 | $11,636 | $14,087 | $17,149 | $22,155 |
| Cedar Grove | $8,268 | $9,602 | $10,944 | $13,080 | $17,049 |
| Clifton | N/A | N/A | N/A | N/A | N/A |
| East Orange | $5,764 | $7,910 | $9,574 | $11,137 | $12,675 |
| Essex Fells | $10,670 | $12,869 | $17,762 | $24,509 | $33,879 |
| Fairfield | $5,688 | $7,977 | $9,736 | $12,194 | $14,914 |
| Glen Ridge | $14,135 | $16,165 | $19,010 | $26,276 | $33,673 |
| Irvington | $5,329 | $6,849 | $8,310 | $10,295 | $12,649 |
| Little Falls | N/A | N/A | N/A | N/A | N/A |
| Livingston | $10,164 | $11,426 | $13,741 | $18,174 | $25,741 |
| Maplewood | $9,330 | $11,611 | $17,313 | $21,861 | $27,540 |
| Millburn | $9,347 | $11,996 | $14,462 | $16,321 | $18,605 |
| Montclair | $9,415 | $12,997 | $19,355 | $25,203 | $33,096 |
| Newark | $4,009 | $5,174 | $6,497 | $8,417 | $10,595 |
| North Caldwell | $14,273 | $25,871 | $29,600 | $30,101 | $31,771 |
| Nutley | $8,416 | $10,131 | $11,897 | $14,003 | $17,033 |
| Odenville | N/A | N/A | N/A | N/A | N/A |
| Orange | $5,652 | $8,268 | $10,904 | $13,472 | $15,880 |
| Roseland | $7,105 | $8,174 | $10,635 | $12,830 | $15,900 |
| Short Hills | $17,609 | $21,050 | $26,230 | $35,281 | $48,575 |
| South Orange | $12,236 | $15,094 | $19,271 | $25,032 | $29,845 |
| Union | N/A | N/A | N/A | N/A | N/A |
| Verona | $5,444 | $10,607 | $12,663 | $15,309 | $18,834 |
| West Caldwell | $8,174 | $9,567 | $11,525 | $13,517 | $15,424 |
| West Orange | $9,540 | $11,252 | $13,626 | $16,324 | $22,079 |
Source: Ownwell