Lowest effective property tax rates in North & Central NJ
The effective tax rate is the NJ Division of Taxation’s figure for comparing towns. Multiply a home’s market value by it for a ballpark annual tax. A low rate can still mean a large bill in an expensive town.
| # | Town | County | Effective tax rate | Avg tax bill (2025) | Typical home value |
|---|---|---|---|---|---|
| 1 | Spring Lake | Monmouth | 0.444% | $15,619 | $1.52M |
| 2 | Avon-by-the-Sea | Monmouth | 0.710% | $12,158 | $1.89M |
| 3 | Bradley Beach | Monmouth | 0.915% | $10,016 | $1.13M |
| 4 | Monmouth Beach | Monmouth | 0.937% | $10,729 | $1.17M |
| 5 | Belmar | Monmouth | 0.955% | $9,370 | $1.02M |
| 6 | Manasquan | Monmouth | 0.978% | $11,619 | $1.24M |
| 7 | Harding | Morris | 0.983% | $15,367 | n/a |
| 8 | Englewood Cliffs | Bergen | 0.995% | $15,880 | $1.80M |
| 9 | Saddle River | Bergen | 1.030% | $20,339 | $2.42M |
| 10 | Hoboken | Hudson | 1.070% | $9,531 | $894K |
| 11 | Spring Lake Heights | Monmouth | 1.075% | $9,084 | n/a |
| 12 | Rumson | Monmouth | 1.107% | $23,607 | $2.39M |
| 13 | Bedminster | Somerset | 1.249% | $5,806 | n/a |
| 14 | Florham Park | Morris | 1.270% | $11,473 | $1.05M |
| 15 | Brielle | Monmouth | 1.284% | $14,907 | $1.34M |
| 16 | West Long Branch | Monmouth | 1.302% | $13,061 | $997K |
| 17 | Ocean | Monmouth | 1.323% | $12,289 | n/a |
| 18 | Wall | Monmouth | 1.352% | $10,477 | n/a |
| 19 | Long Branch | Monmouth | 1.370% | $12,635 | $825K |
| 20 | Palisades Park | Bergen | 1.393% | $11,727 | $994K |
| 21 | Franklin Lakes | Bergen | 1.400% | $20,718 | $1.63M |
| 22 | Tinton Falls | Monmouth | 1.423% | $8,456 | $653K |
| 23 | Millstone | Monmouth | 1.429% | $13,112 | n/a |
| 24 | Paramus | Bergen | 1.434% | $13,061 | $1.06M |
| 25 | Oceanport | Monmouth | 1.452% | $12,361 | $954K |
Source: NJ Division of Taxation, 2025 General Tax Rates and 2025 Average Residential Statistics; Zillow Home Value Index (ZHVI), Sept. 30, 2026. Municipalities with at least 2,000 residents in Bergen, Passaic, Essex, Hudson, Morris, Union, Middlesex, Somerset and Monmouth counties. Click a column to sort.
How to use this ranking
One number never picks a town. Use this list to build a shortlist, then open each town guide for taxes, values, commute and housing stock side by side, or put up to three in the comparison tool.
Questions, answered
Which NJ town ranks #1 for lowest effective property tax rates?
Spring Lake (Monmouth County), at 0.444%, among 258 municipalities with at least 2,000 residents. Source: NJ Division of Taxation, 2025 General Tax Rates and 2025 Average Residential Statistics.
Where does this data come from?
NJ Division of Taxation, 2025 General Tax Rates and 2025 Average Residential Statistics. Rankings cover municipalities in Bergen, Passaic, Essex, Hudson, Morris, Union, Middlesex, Somerset and Monmouth counties with at least 2,000 residents.
Is this a list of the best places to live?
It ranks one measurable factor. For a combined view, try the best places to live scorecard, where you set the weights.
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