A very interesting tool from the New York Times:
Property Taxes in the Region: Who Pays More, Who Pays Less
Property taxes on single-family homes vary widely across the region. The highest tax rates are in middle- and upper-middle-class communities, and in poor cities and school districts. Lowest rates are in wealthy areas, and those with more commercial property.
Highest Taxes – Top 20:
Camden Woodlynne Borough
Gloucester Woodbury City
Mercer Trenton City
Salem Penns Grove Borough
Camden Lindenwold Borough
Camden Pine Hill Borough
Union Roselle Borough
Salem Salem City
Camden Gloucester Township
Essex East Orange City
Camden Barrington Borough
Camden Runnemede Borough
Camden Clementon Borough
Gloucester Wenonah Borough
Camden Somerdale Borough
Burlington Beverly City
Camden Oaklyn Borough
Essex Irvington Township
Camden Voorhees Township
Burlington Medford Lakes Borough
nice little tool.
Gee, it doesn’t tell the story. I live in Raritan Twp, Hunterdon Cty. and my taxes are based on $350K assessment (1997 assessment; they just had appraisers around preparing for the new assessment – cringe). Total taxes are app. $12,000.
Here’s how it breaks down:(did a lot of rounding)
Local Municipal $1200
County
Gee, it doesn’t tell the story. I live in Raritan Twp, Hunterdon Cty. and my taxes are based on $350K assessment (1997 assessment; they just had appraisers around preparing for the new assessment – cringe). Total taxes are app. $12,000.
Here’s how it breaks down:(did a lot of rounding)
Local Municipal $1200
County
Sorry about how I hit those buttons by mistake
Local Municipal $1200
County $1200
Library 200
Open Space 200
District school $5650
Regional school $3000
munic open spc 100
The Times tool says that a $460K house pays under $7K taxes. ???
No big surprise here. Most of the towns on the list are either lower income and/or located in South Jersey, where property values are generally lower. The cost of providing services must be divided over a smaller total assessed value. A police car costs the same to purchase whether it is going to patrol Alpine or Camden. If the numerator (cost of a police car) is the same between towns, but the denominator (total assessed value) is lower in lower income towns, the tax rate is going to be higher in towns with lower assessed value.
It would be incorrect to assume that a higher tax rate means higher taxes. For example, residents of Trenton have the 3rd highest tax rate in NJ, but the median property tax bill is $1,890. Saddle River has one of the lowest tax rates in the state, but the median tax bill is $11,420