Newark Property Tax Rate

Essex County, New Jersey

2.12%effective rate

Newark is located in Essex County, New Jersey. Homeowners in Newark pay a median of $7,178 per year in property taxes on a home valued at $337,800, resulting in an effective tax rate of 2.12%. This is 11% higher than the Essex County average of 1.91%.

Effective Tax Rate🏠

2.12%

vs 1.91% county avg

Est. Annual Tax💰

$7,178

Per year

Median Home Value📊

$337,800

2024 estimate

Population📍

307,188

Newark, NJ

How Newark Compares

Newark
2.12%
Essex County Average
1.91%
New Jersey Average
2.11%
National Average
0.92%

Cities in Essex County

Compare property tax rates for 2 cities in Essex County, New Jersey.

CityAnnual TaxRate
East Orange$9,9283.15%
Newark$7,1782.12%

About Property Taxes in Newark

Property taxes in Newark are collected by Essex County. Tax exemptions available to Essex County residents — including homestead, senior, and disability exemptions — also apply to homeowners in Newark. For detailed information on available exemptions and the county tax collector, see the Essex County property tax page.

Property Tax Calculator

Estimate your annual property tax in Newark

$
$50k$2M

Estimated Annual Property Tax

$6,360

$530/month · Rate: 2.12%

Essex County Property Taxes

County-level data, exemptions, historical trends, and tax collector info.

View county details →

New Jersey Property Taxes

Statewide rates, all 21 counties, and exemptions.

View state details →

Think your property tax is too high?

Homeowners save an average of $1,148/year by appealing their assessment.

Learn How to Appeal →

Frequently Asked Questions

Data Source: U.S. Census Bureau, 2024 American Community Survey 5-Year Estimates. City-level tax data is derived from Census place-level statistics. Effective tax rates are calculated by dividing median real estate taxes paid by median home value. Actual property tax rates may vary based on local taxing jurisdictions, exemptions, and assessment practices. This information is for general reference only and should not be used as a substitute for professional tax advice.