Newark property tax, in one number.
The typical Newark homeowner pays $7,262 a year on a $373,700 home. That's below the New Jersey rate (2.11%) and well above the U.S. rate (0.94%).
Estimate my taxNewark at a glance
Five numbers that shape a typical property tax bill here.
Property tax calculator
Enter a home value to see a typical yearly bill at Newark's average effective rate, or pick another area.
- Bills are up, rates are down.The median tax paid rose from $5,647 in 2015 to $6,681 in 2024 (+18%), while home values rose 68%. That pushed the effective rate down.
- Mortgage holders pay more.Homes with a mortgage paid a median $7,418, versus $6,920 for homes owned outright, often because they're newer, higher-value or more recently reassessed.
- Share of income.The median bill equals about 13.9% of the median household income of $52,060.
The data, charted
Median tax paid & effective rate
Owners vs renters
Cities in Essex County
Newark compared
| Area | Median tax | Home value | Rate |
|---|---|---|---|
| Newark | $7,262 | $373,700 | 1.94% |
| Essex County | $10,000+ | $524,100 | 1.91%+ |
| New Jersey | $9,590 | $454,400 | 2.11% |
| United States | $3,119 | $332,700 | 0.94% |
Other cities in Essex County
Effective property tax rates nearby.
Nearby
- Essex County1.91%+ · $10,000+
- East Orange2.72% · $9,970
- Brookdale1.74%+ · $10,000+
- Roseland1.50%+ · $10,000+
- Glen Ridge1.20%+ · $10,000+
- North Caldwell1.11%+ · $10,000+
- Upper Montclair1.01%+ · $10,000+
- Short Hills0.60%+ · $10,000+
- Passaic County2.18%+ · $10,000+
- Union County1.89%+ · $10,000+
- Hudson County1.77% · $9,555
- Morris County1.72%+ · $10,000+
- Bergen County1.61%+ · $10,000+
Good to know
What is the property tax rate in Newark?
The effective rate is about 1.94%. The median homeowner pays $7,262 a year on a home worth a median $373,700 (ACS 2020–2024). The legal tax rates set by each taxing unit are different numbers; the effective rate is what owners actually pay as a share of value.
How much is property tax on a $350,000 home in Newark?
About $6,790 a year, or roughly $566 a month, at Newark's average effective rate of 1.94%. Homestead, senior, veteran or other exemptions can lower the real bill, and a recent purchase or reassessment can raise it.
Why is my bill different from this estimate?
Your bill depends on your home's assessed value from the municipal tax assessor, the exact taxing units where you live (county, city, school district, special districts) and any exemptions you get. These figures are medians across all owner-occupied homes, not a bill for any address.
How current is this data?
It comes from the U.S. Census Bureau's American Community Survey 5-year estimates for 2020–2024, the latest release. Homeowners report the taxes they paid, so the numbers lag current bills by one to two years. We update the site when the Census Bureau publishes new estimates each December.
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