New Jersey’s high property taxes are notorious, and in 2020 they hit a new high: $9,112.
But in these 30 towns, taxpayers pay anywhere from half to 6% of that average tax bill.
Of course, average property tax bills are just one way to compare municipalities’ property tax burdens. Unlike the tax rate, the average tax bill also factors in residential property values. But it gives you a good idea of what people are really paying.
Here are the 30 municipalities with the lowest tax bills in New Jersey:
30. Phillipsburg
Located in Warren County, Phillipsburg had an average property tax bill of $4,469 in 2020, an increase of $39 from 2019, according to data from the New Jersey Department of Community Affairs.
The next lowest average tax bills in Warren County can be found in Harmony Township.
29. Middle
Homeowners in Middle Township, Cape May County, saw their average property tax bill climb $111 to $4,466
Middle is the first of seven Cape May County municipalities on the list. Its average residential property value was $245,424 in 2020.
28. Brooklawn
At $4,409, Brooklawn, in Camden County, has one of the lowest average property tax bills in New Jersey. Tax bills here increased by an average of $22 from 2019 to 2020.
27. West Wildwood
In West Wildwood Borough, Cape May County, the average property tax bill dropped $50 to $4,400 last year.
26. Paulsboro
The average real estate tax bill in Paulsboro was $4,379. It is the only Gloucester County community to make the list.
25. Cape May Point
The average property tax bill in Cape May Point, Cape May County, was $4,373. The average residence is assessed at $706,442.
24. Penns Grove
Penns Grove is one of three Salem municipalities to land a spot on the list. Homeowners here paid an average of $4,361 in property taxes in 2020.
23. Shrewsbury
Shrewsbury Township, where the average property tax bill was $4,252, is the only Monmouth County community in the bottom 30.
22. Fairfield
Tax bills in Fairfield Township, Cumberland County, averaged $4,192. The average was $3,994 in 2019.
21. Manchester
Property taxpayers in Manchester Township in Ocean County paid an average of $4,183 — an increase of $35.
20. North Wildwood
This Jersey Shore city in Cape May County had an average property tax bill of $4,140.
19. Lower
At $4,133, this Cape May County town’s average tax bill ranks among the lowest of New Jersey’s 565 municipalities.
18. Folsom
This Atlantic County borough’s residents paid an average of $4,131 in property taxes last year, an increase of $162.
17. Pemberton Borough
This borough in Burlington County had an average property tax bill of $4,096. That’s $255 more than the borough’s average bill of $3,841 in 2019.
16. Pemberton Township
In Pemberton Township, Burlington County, the average real estate tax bill was $4,045 in 2020, a $175 increase over 2019.
15. Winfield
Winfield is the only Union County municipality on the list. Its average tax bill was $3,757, or $88 more than in 2019.
The next lowest average tax bill in Union County can be found in Plainfield, at $9,003.
14. Corbin
Corbin is the second of two Atlantic County municipalities to land on this list. Homeowners there paid, on average, $3,671 in 2020. That’s an increase of just $27.
13. Bridgeton
The average property tax bill in this Cumberland County city was $3,546, or $146 higher than the year before.
12. Trenton
New Jersey’s capital has the one of the lowest average property tax bills in New Jersey at $3,423 — a $68 increase.
11. Downe Township
In this Cumberland County township, the average real estate tax bill was $3,316, a just $21 increase from 2019.
10. Salem
At $3,256, this Salem County city’s average property tax bill is a $24 increase from the year prior.
9. Dennis
In Dennis Township, Cape May County, the average real estate tax bill was $3,243 in 2020, compared with $3,185 in 2019.
8. Washington Township
Average tax bills in Washington Township, Burlington County, rose $67 from $2,941 in 2019 to $3,008 in 2020.
7. Commercial Township
In Commercial Township, Cumberland County, the average residential property tax bill will set you back just $2,710.
6. Audubon Park Borough
The average property tax bill in Audubon Park Borough, Camden County, was $2,621 last year, a $47 increase. In 2019, the average property tax bill was $2,574.
5. Teterboro
Teterboro Borough is the only Bergen County community to make the list. Taxpayers there paid, on average, $2,068 in 2020. The 2019 average property tax bill was $42 lower.
4. Lower Alloways Creek
The average tax bill for Lower Alloways Creek, Salem County, fell $55 to $1,998 last year.
3. Woodbine
In 2020, the average homeowner paid $1,985 in property taxes, an increase of $22, in Woodbine Borough, Cape May County.
2. Camden
The average property tax bill in Camden increased $83 to $1,811 in 2020. Homeowners here paid an average of $1,710 in 2018, compared with $1,665 in 2017.
The average home value in 2020 was $56,961.
1. Walpack
The average property tax bill in Walpack, the tiny town along the Delaware River, fell by $1 from 2019 to 2020, to $514. The average residential property value in 2020 was $68,423.
Thank you for relying on us to provide the journalism you can trust. Please consider supporting NJ.com with a subscription.
Samantha Marcus may be reached at smarcus@njadvancemedia.com.
"Here" - Google News
February 20, 2021 at 06:32PM
https://ift.tt/3sdDHIM
Here are the 30 N.J. towns with the lowest property tax bills - NJ.com
"Here" - Google News
https://ift.tt/39D7kKR
Shoes Man Tutorial
Pos News Update
Meme Update
Korean Entertainment News
Japan News Update
No comments:
Post a Comment