It’s no secret—New Jersey property taxes are some of the highest in the country. In 2024, the average property tax bill exceeded $10,000, making it a significant expense for homeowners. But here’s the good news—there are still towns where you can find the lowest property taxes saving you thousands each year.
If you want to settle in a community where property taxes won’t break the bank, we’ve got you covered. Let’s dive into the seven towns with the lowest property taxes in New Jersey, and if you’re curious, stick around to explore the complete list of 31 cities where the average property tax bill is under $5,000!
🏡 Why Are Property Taxes in New Jersey So High?
New Jersey’s property taxes cover essential services like schools, public safety, and municipal projects. With densely populated areas and high home values, it’s no wonder these taxes add up. However, some towns keep their property taxes low due to unique circumstances like small populations, local industry, or historical quirks. Can you guess what towns have the lowest the lowest property taxes ?
🌟 Top 7 Towns with the Lowest Property Taxes in New Jersey
These towns offer relief from the state’s sky-high property taxes. These communities are worth exploring whether you’re seeking affordability or want to reduce expenses.
1. Walpack Township, Sussex County
- Average Property Taxes (2024): $1,156
- Average Property Value: $227,892
- Change from 2023: +153.42%
Nestled in Sussex County, Walpack Township has the lowest property taxes in New Jersey. This quiet township is a rare find with an average bill of just $1,156. Interestingly, the federal government acquired most of the land for a dam project that was never completed, leaving the town with a tiny population.
2. Teterboro Borough, Bergen County
- Average Property Taxes (2024): $1,936
- Average Property Value: $184,129
- Change from 2023: -8.15%
Teterboro is another outlier. Despite being located in busy Bergen County, this small borough is best known for Teterboro Airport. With fewer than 100 residents, the local industry significantly offsets residential tax burdens.
3. Camden, Camden County
- Average Property Taxes (2024): $2,071
- Average Property Value: $58,469
- Change from 2023: +3.87%
Camden, an urban hub along the Delaware River, features some of the lowest property taxes in New Jersey. While the city has faced economic challenges, affordable housing and tax breaks make it appealing for buyers on a budget.
4. Woodbine Borough, Cape May County
- Average Property Taxes (2024): $2,097
- Average Property Value: $124,232
- Change from 2023: -0.31%
Situated in picturesque Cape May County, Woodbine Borough is known for its rural charm. With property taxes barely above $2,000, it’s an attractive option for those seeking coastal living without the hefty tax bills.
5. Lower Alloways Creek Township, Salem County
- Average Property Taxes (2024): $2,380
- Average Property Value: $133,903
- Change from 2023: +4.45%
Home to vast open spaces and a relaxed pace of life, Lower Alloways Creek Township is another hidden gem. With one of the lowest property taxes in New Jersey, it’s a haven for nature lovers and retirees alike.
6. Commercial Township, Cumberland County
- Average Property Taxes (2024): $2,846
- Average Property Value: $109,106
- Change from 2023: +1.59%
Located along the Maurice River, Commercial Township offers waterfront beauty and affordability. Its modest property taxes make it an appealing choice for those wanting to stretch their housing budget.
7. Audubon Park Borough, Camden County
- Average Property Taxes (2024): $2,867
- Average Property Value: $41,483
- Change from 2023: +3.69%
With a strong sense of community and affordable housing options, Audubon Park Borough rounds out our list. The town’s low taxes and close-knit atmosphere make it a hidden treasure in New Jersey real estate.
📊 Explore the Full List of New Jersey’s 31 Lowest Property Tax Towns
Curious about more affordable places to live? Here’s the complete list of towns where the average property tax bill is under $5,000:
Click here to see the full list of towns with the lowest property taxes in New Jersey.
💡 Why Consider Towns with Lower Property Taxes?
Living in a town with low property taxes can majorly impact your finances. Here’s why it’s worth considering:
- Save Thousands Annually – Lower taxes mean more money in your pocket.
- Affordable Housing – Many low-tax towns also offer lower home prices.
- Better Budget Management – Reduced costs make homeownership more sustainable in the long term.
🏠 Looking to Buy in a Low-Tax New Jersey Town?
If you’re considering a move, I’m here to help you navigate the New Jersey real estate market. Whether you’re a first-time homebuyer or looking to downsize, finding the right community with affordable property taxes can make a huge difference.
Ready to explore your options? Reach out today, and let’s find your perfect home!
I am an expert real estate agent based in New Jersey. My name is Cori, and I have been passionate about helping clients find their dream homes and achieve their real estate goals for over 20 years.
With an extensive knowledge of the local housing market and a keen eye for detail, I take pride in delivering exceptional service to buyers and sellers. My commitment to professionalism, integrity, and personalized attention sets me apart in the industry.
Whether you are a first-time homebuyer, a seasoned investor, or looking to sell your property, I am here to guide you through every step. Real estate transactions can be complex and stressful, so I strive to make the journey smooth and enjoyable for my clients.
Feel free to follow me on social media to stay up-to-date with the latest market trends, insightful tips, and featured listings. Connect with me on Facebook, Twitter, Instagram, LinkedIn, YouTube, TikTok, and more. I love engaging with my audience and sharing valuable information that empowers them to make informed decisions in the ever-changing real estate landscape.
Whether you’re looking to buy, sell, or invest in New Jersey’s dynamic real estate market, let’s embark on this exciting journey together. Contact me today at 732-213-0325 or [email protected] to discuss your real estate aspirations.
Thank you for considering me as your trusted real estate partner. I look forward to serving you and making your dreams a reality.
Stay in touch!
CALL ME TODAY!
☎️ (732) 213 -0325
🌐 CoriSellsNJ.com
📧 [email protected]
RE/MAX CENTRAL Realtor®
If you are considering BUYING in Monmouth County, click below for a Home Buyer’s Guide:
👉 Click here
If you are considering SELLING in Monmouth County, click below for a Home Sellers Guide:
👉 Click here
