NEW JERSEY Property TAX Calculator

The New Jersey property tax evaluation is a two-step process:

  • First, fill in the value for your current NJ Real Estate Tax Assessment in the field below, then select your County and City, and press the "Calculate" button. The calculator will then show you what the TAX ASSESSOR thinks your house is valued at in the Result of Assessment field below the Calculate button.
  • Second, enter what YOU believe to be the "Fair Market Value" of your house in the field below the Result of Assessment and press the Evaluate button. Based upon our calculations (which we believe to be fairly accurate), we will display a message which indicates whether or not WE think your house is over assessed or not. Still not sure, Please contact me for more details.

Step 1: Enter the amount of your assessment: (NOTE: When entering into the field below, please do NOT use any commas, decimal points nor "$" signs.)
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Enter the name of your Town:

County: Town:


 
Result of Assessment:
(This is what YOUR ASSESSOR believes the property was worth on 10-1-2021).

Step 2: Enter the Amount you believe your home/property was worth: That is to say, its "fair" market value as of October 1, 2021. This should be a fair sales price to both buyer and seller. (NOTE: when entering into the field below, please do NOT use commas nor "$" sign)
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We are working to input data from all counties, however if your county does not appear, please click here.

Using the Tax Appeal Calculator (Step 1 above) choose your county and town, and obtain the "average ratio of assessed to true value" (column #2 on the NJ Table of Equalized Values from the above link) and divide your assessment by the ratio THEN multiple by 100. This gives you the perceived value of your property. In other words, the assessment ÷ average ratio = the amount your assessor BELIEVES the property is worth. Compare that to the amount you believe the property was worth as of October 1st, of the prior year. If the assessor's perceived value is MORE than what you believe the property was worth, you should consider an appeal.