Livingston, Essex County, New Jersey Property Taxes
Median Livingston, NJ effective property tax rate: 2.33%, significantly higher than the national median of 1.02%, but lower than the New Jersey state median of 2.82%. Median Livingston, NJ home value: $589,150. Median annual Livingston, NJ tax bill: $13,741, $11,341 higher than the national median property tax bill of $2,400.
How are property taxes in Essex County calculated?
Property taxes in Livingston, NJ are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Livingston’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Livingston, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Livingston, Essex County, New Jersey Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.33%
Estimate Property Tax Bill
$13,727
$12,738
Property Tax Rates Across Livingston, Essex County, New Jersey
Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, this is the annual process in a nutshell.
Livingston in Essex County, NJ, stands out with a substantial property tax rate. The town's effective property tax rate is notably higher than both the state and national medians. New Jersey's median property tax rate is significantly above the national median of 1.02%. This indicates a higher financial obligation for homeowners in Livingston compared to other regions. The substantial tax rate reflects the county's budgetary needs and the value placed on public services.
For homeowners in Livingston, this means a higher property tax bill, which can impact overall housing affordability. Understanding these rates is crucial for current and prospective homeowners when evaluating the cost of living in the area. Comparing Livingston’s property tax rate to other cities in New Jersey and the U.S. highlights the importance of being informed about local tax obligations.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Livingston Tax Rate
2.33%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Essex County Tax Rate
3.51%
Median Effective New Jersey Tax Rate
2.82%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Livingston, Essex County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07039 | 2.33% | 2.33% | 2.33% | 2.33% | 2.33% |
Source: Ownwell
Property Tax Assessment Values Across Livingston, Essex County, New Jersey
When examining property taxes in Livingston, NJ, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Essex County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Essex County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Livingston.
For example, the median home price in Livingston is $589,150, with tax bills ranging significantly across the county. Zip code 07039 has the highest median home price at $589,150.
Property Tax Assessment Values Across Livingston, Essex County, New Jersey
Source: Ownwell
$139,900
$749,150
$1,358,400
Median Livingston Market Value
$589,150
Median Essex County Market Value
$335,900
Median New Jersey Market Value
$282,900
Median United States Market Value
$235,294
Property Tax Assessment Values Across Livingston, Essex County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07039 | $436,700 | $490,200 | $589,150 | $779,100 | $1,105,120 |
Source: Ownwell
Property Tax Bills Across Livingston, Essex County, New Jersey
Median Livingston Tax Bill
$13,741
Median Essex County Tax Bill
$11,297
Median New Jersey Tax Bill
$8,227
Median United States Tax Bill
$2,400
Property Tax Bills Across Livingston, Essex County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07039 | $10,164 | $11,426 | $13,741 | $18,174 | $25,741 |
Source: Ownwell