Jersey City sits directly across the Hudson from Manhattan and has become a high-rise financial-sector hub in its own right. Many newer buildings carry long-term tax abatements, giving Jersey City an effective rate well below Newark's despite Hudson County's high nominal rates.
Recommended for incomes above $165k/yr (28% DTI rule)
Jersey City housing market
The 1.6% property tax rate reflects the county-level effective rate for Jersey City and is used to calculate your monthly tax escrow above. This rate may differ from the statewide New Jersey average — county-level data produces more accurate monthly payment estimates for Jersey City buyers. Many Jersey City properties also carry HOA fees — the area average is approximately $600/month, which is not included in the calculator above.
Rate history
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