NJ Property Tax Divide: Essex Highest, Cumberland Lowest

New Jersey’s average property tax bill surpassed $10,000 for the first time in 2024, reaching $10,095, a 3% increase from the previous year. While Essex County had the highest average at $13,900, Cumberland County had the lowest, at $4,901. Cape May County had the next lowest at $6454. To address this, Governor Murphy’s proposed budget includes over $3 billion in relief programs like ANCHOR and Stay NJ, aiming to alleviate the burden on homeowners.