Updated Oct 23, 2026 10:00 AM ET · AMD +1.54%AMGN -1.22%ABNB -1.14%ADBE -0.80%HaltsMoversEarnings
Moving now:YMAT +75.53%BKYI +29.93%TANH -26.41%ERC +0.24%|Earnings today (Oct 23):AXP · SLB · FCNCA · BAH · ALV →|News

Morris County, New Jersey property tax

Note: the US Census caps this figure at "$10,000 or more", so the real median is $10,000 or higher and the effective rate shown is a minimum.

Median property tax, home value and effective rate (Census 2020–2024)

Updated Oct 23, 2026, 7:36 AM ET · data checked against official source
Effective property tax rate
1.72%

Homeowners in Morris County, New Jersey paid a median $10,000+ a year in property tax on a median home worth $582,500, an effective rate of at least about 1.72% (Census 2020–2024).

Census ACS 2020–2024 5-year medians

#5 lowest of 21New Jersey counties by effective rate

2.11%New Jersey statewide · US 0.94%
Median tax paid
$10,000+
per year, 2020–24
Median home value
$582,500
owner-occupied
Effective rate
1.72%
tax ÷ value
Tax vs. income
7.3%
of $137,326 median household income
Owner costs
$3,295/mo
median with a mortgage, incl. tax & insurance

How Morris County compares

Effective rate (median tax ÷ median value)

Morris County1.72%
New Jersey2.11%
United States0.94%

Median tax paid per year

Morris County$10,000+
New Jersey$9,590
United States$3,119

Tax on a home here

At the local 1.72%+ effective rate

Home valueEstimated yearly taxPer month
$150,000$2,575$215
$250,000$4,292$358
$350,000$6,009$501
$500,000$8,585$715

Cities and towns in Morris County

PlaceMedian taxMedian valueRate
Parsippany$10,000+$555,4001.80%
Morristown$10,000+$567,6001.76%
Dover$7,043$366,7001.92%
Madison$10,000+$943,2001.06%
Florham Park$10,000+$791,4001.26%
Lake Hiawatha$7,883$428,6001.84%
Pompton Plains$9,504$539,0001.76%
Lincoln Park$9,795$443,3002.21%
Oak Ridge$10,000+$436,1002.29%
Budd Lake$10,000+$456,1002.19%
Lake Hopatcong$9,152$424,2002.16%
Kinnelon$10,000+$706,4001.42%
Succasunna$10,000+$529,1001.89%
Chatham$10,000+$984,9001.02%
Whippany$8,795$615,4001.43%
Boonton$10,000+$495,4002.02%
White Meadow Lake$10,000+$470,8002.12%
Flanders$10,000+$552,9001.81%
Butler$10,000+$442,5002.26%
Wharton$9,296$380,7002.44%
Rockaway$10,000+$448,1002.23%
Morris Plains$10,000+$643,3001.55%
Pine Brook$10,000+$767,2001.30%
Mount Arlington$8,482$422,9002.01%
Towaco$10,000+$701,3001.43%

Buying a home in Morris County? 2026 loan limits

Related

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates, tables B25103 (median real estate taxes paid), B25077 (median home value), B25003, B25088, B19013 and B01003. These are 2020–2024 medians reported by owner-occupants, not 2026 tax bills or official mill rates. The effective rate here is median tax ÷ median home value. Actual bills depend on assessed value, exemptions (homestead, senior, veteran) and local levies. Check with your county assessor or treasurer. Not tax advice.

Major Cities & Counties in New Jersey

Largest by population (Census ACS 2020–2024). Property tax for each:

Frequently asked questions

What is the property tax rate in Morris County, New Jersey?

Homeowners in Morris County, New Jersey paid a median $10,000+ a year in property tax on a median home worth $582,500, an effective rate of at least about 1.72% (Census 2020–2024).

How much is property tax on a $300,000 home in Morris County?

About $5,151 a year ($429 a month) at the 1.72% median effective rate. Your bill depends on assessed value and exemptions.

Is Morris County property tax high?

It ranks #5 lowest of 21 New Jersey counties. The state median effective rate is 2.11% and the US rate is 0.94%.

Where do I pay property tax in Morris County?

Bills are issued and collected by the Morris County treasurer or tax collector, based on values set by the county assessor.

What's Moving Right Now

#1 Nasdaq-100 moverAMD $515.77 +1.54%Nasdaq, as of Oct 23, 2026 10:00 AM ET
Trading halts37 halts in Nasdaq's current feedNasdaq Trader feed, checked Oct 23, 10:00 AM ET
Earnings & SEC 8-Ks14 companies report Oct 23 · 30 new 8-KsNasdaq earnings calendar, SEC EDGAR
Trending nowYahoo: MRNA AXP BE WDC SKHY VZ
YouTube: AAPL META INTCYahoo Finance trending (US) · tickers named in finance videos posted in the last 48 h

Explore Next on BuyMeWhiskey