New Jersey Mortgage Calculator
Estimate the monthly PITI payment on a New Jersey home. Preseeded with the state’s 2.49% effective property-tax rate, $1,300 average annual insurance, and $510,000 median home price.
Advanced Options
- Principal & Interest
- $2,579
- Property Taxes
- $1,058
- Home Insurance
- $108
New Jersey Property Tax, Insurance & Home Prices
- Effective property-tax rate
- 2.49%
- Avg annual insurance
- $1,300
- Median home price
- $510,000
Statewide averages, last reviewed May 2026. Actual rates and premiums vary significantly by county, city, and parcel — see the notes below.
Notable New Jersey Rules
New Jersey has the highest effective property-tax rate in the country. The ANCHOR program rebates up to $1,750 to eligible homeowners. The Senior Freeze (Property Tax Reimbursement) freezes effective tax for seniors 65+ who meet income limits and ownership tenure requirements.
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Frequently Asked Questions
- New Jersey's statewide effective property-tax rate is approximately 2.49% of home value (last reviewed May 2026). Actual county- and city-level rates vary; check your specific parcel before budgeting.