N.J. towns where property taxes hurt the least (2024)

Samantha Marcus | NJ Advance Media for NJ.com

Property taxes

Property taxes are generally considered a regressive form of taxation, which means that it accounts for a greater share of a low-income person's pay than a high-income earner's.

NJ.com has shown you where property taxes are thehighestand thelowest, and where the property tax bite, as a portion of income, is the biggest. Click through for the 20 municipalities where property taxes represent the smallest share of median household income.

About 150 of the state's 565 municipalities were excluded from the analysis. The margin of error in some small towns was too high because of the American Community Survey's small sample size. The property tax datais available from the New Jersey Department of Community Affairs.

20. Interlaken Borough

Interlaken Borough, Monmouth County, boasts the highest median income and the highest average property tax bill, but that tax bite is just 6.45 percent. The median income is $134,167 and the property tax bill is $8,654.

Robert Sciarrino

19. Hanover Township

Hanover Township in Morris County has the second-highest median income on our list at $109,434. Meanwhile, the average property tax bill is $6,932, or 6.33 percent of that income.

18. Harmony Township

An average annual property tax bill of $5,126 is 6.32 percent of the median household income, $81,103.

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17. Florence Township

The median income in Florence Township, Burlington County, is just under $80,000 a year at $79,987. Property taxes, $5,038, slice into that 6.3 percent.

16. Bedminster Township

The average property tax bill in Bedminster Township, Somerset County, is $5,960, while the median household income is $95,632. The property tax bite here is 6.23 percent.

15. Riverdale Borough

The median income here is $86,382 a year. The average property tax bill is $5,365, or about 6.21 percent of income.

14. Beachwood Borough

In Beachwood, property taxes account for 6.13 percent of income. The average property tax bill in this Ocean County borough is $4,676, while the median income is $76,279.

13. Woodland Township

The median annual income in Woodland Township, Burlington County, is $85,625. An average property tax bill of $5,233 is about 6.11 percent of that.

(Amy Kuperinsky | NJ Advance Media for NJ.com)

12. Winfield Township

The median annual income in Winfield Township, Union County, is $57,237. An average property tax bill of $3,427 is about 5.99 percent of that. It is the rare north Jersey municipality to make the list.

Samantha Marcus | NJ Advance Media for NJ.com

12. Deerfield Township

In this Cumberland County township, the median household income is $74,032, while property taxes are $4,431. Real estate taxes take a 5.99 percent slice of that income.

10. Upper Township

The average property tax bill in this Cape May County township is $$4,581, compared with a median household income of $77,198. That tax bite is 5.93 percent.

(Jennifer Hulshizer | For The Star-Ledger)

9. Pemberton Township

In this Burlington County township, property taxes average $3,596 a year. That's 5.87 percent of the median household income, $$61,217.

8. Camden

Camden has the lowest income on our countdown, by a long shot. The median household income there is just $26,201. But low property taxes, $1,533, on average, keep its ratio low. Real estate taxes eat up 5.85 percent of income.

7. Folsom Borough

The median income in this Atlantic County borough is $63,900 a year. Property taxes, $3,663, represent 5.73 percent.

(Cindy Hepner | South Jersey Times)

6. Shiloh Borough

Residents of Shiloh Borough, Cumberland County, have a median household income of $78,036, and pay, on average, $4,229 a year in property taxes. That's 5.42 percent of their income.

5. Estell Manor

The average property tax bill in Estell Manor, Atlantic City, accounts for 5.31 percent of the median household income. Property taxes are, on average, $4,249, and the median household income is $80,000.

Andrew Miller

4. New Hanover Township

The average property tax bill in New Hanover Township is $4,341. That's 5.22 percent of the median income, $83,125.

3. Westampton Township

The median income in this Burlington County township, $104,000, is the highest on our list. The average property tax bill here is $5,336, or 5.13 percent of income.

(Matt Gray | For NJ.com)

2. Commercial Township

Property taxes in Commercial Township are $2,443 a year. That's 5.07 percent of the median household income, $48,164.

1. Audubon Park Borough

The median income in Audubon Park Borough, Camden County, is $44,643. And the average property tax bill is a low $2,192, or 4.91 percent of income.

Express-Times

Where property taxes hurt the most

Go here for the towns where property taxes take the largest bite out of income.