New Jersey's average property tax exceeds $10,000 now

nj1015.com

New Jersey's average property tax bill has recently exceeded $10,000 for the first time. This issue involves many factors, including the state’s "home rule" which prevents towns from sharing services. Many school districts face heavy administration costs, and property taxes largely fund education. Furthermore, the previous cap on property tax increases was removed recently. To help residents save on property taxes, NJ.com has identified the ten towns in New Jersey with the lowest property taxes. Here’s a summary of those towns and their average tax bills: 1. **Walpack Township, Sussex County**: Average Taxes: $1,156. Located in a national park, it offers stunning nature, but has very few residents. 2. **Teterboro Borough, Bergen County**: Average Taxes: $1,936. This small borough near New York City is mostly commercial, making it attractive for professionals. 3. **Camden, Camden County**: Average Taxes: $2,071. Despite its troubled reputation, Camden is revitalizing with waterfront attractions. 4. **Woodbine Borough, Cape May County**: Average Taxes: $2,097. Known for its outdoor activities, it has a strong community feel. 5. **Lower Alloways Creek Township, Salem County**: Average Taxes: $2,380. A hidden gem, it offers beautiful natural surroundings and outdoor activities. 6. **Commercial Township, Cumberland County**: Average Taxes: $2,846. With a rural vibe, it’s ideal for those who enjoy a relaxed lifestyle near water. 7. **Audubon Park Borough, Camden County**: Average Taxes: $2,867. Known for affordable housing in a cooperative community, it’s great for families. 8. **Dennis Township, Cape May County**: Average Taxes: $3,585. This nature lover’s town is close to the Jersey Shore. 9. **Trenton, Mercer County**: Average Taxes: $3,690. As the state capital, it has many historical sites and is undergoing revitalization. 10. **Bridgeton City, Cumberland County**: Average Taxes: $3,802. It offers a blend of history, recreation, and charming architecture. Many people may need to compromise on location or amenities to find lower property taxes, but these towns provide viable options for those looking to save.


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