StateRates

Hunterdon County, New Jersey property tax

The median homeowner in Hunterdon County, New Jersey pays $10,001 a year in property tax on a home worth $498,800, an effective rate of 2.01%. The national effective rate is 0.98%.

Effective rate 2.01% #14 of 21 in New Jersey
Median tax bill $10,001 per year
Median home value $498,800 owner-occupied
Median income $139,453 household

What the rate means here

At 2.01%, Hunterdon County taxes property more heavily than the country as a whole, which sits at 0.98%. Both the rate and the house are above national. That is the expensive combination, and the $10,001 median bill reflects it.

It ranks #14 of 21 New Jersey counties by effective rate, against a statewide 2.23%, and #93 nationally. The state runs from 3.08% in Camden County down to 1.32% in Cape May County.

The median home costs 3.58 times the median household income of $139,453, close to the national 3.86. Incomes here run above the national median, which is what keeps that ratio ordinary despite the house prices. The county has 129,448 residents, which is small enough that the medians describe a reasonably coherent market.

The rate is derived rather than quoted. How and why.

What that costs at different home values

$250,000 home $5,025 per year at 2.01%
$400,000 home $8,040 per year at 2.01%
$600,000 home $12,060 per year at 2.01%

Arithmetic at the county effective rate, before any exemption or assessment cap.

Housing and income

Hunterdon County, New Jersey against New Jersey and the country
Hunterdon County New Jersey United States
Effective property tax 2.01% 2.23% 0.98%
Median tax bill $10,001 $9,541 $2,969
Median home value $498,800 $427,600 $303,400
Median gross rent $1,707 $1,653 $1,348
Median household income $139,453 $101,050 $78,538
Home price to income 3.58× 4.23× 3.86×
Rent as share of income 14.69% 19.63% 20.6%
Owner-occupied 84.79% 63.69% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 129,448.

Nearby counties of similar size

Other New Jersey counties
County Rate Median bill Home value
Sussex County 2.47% $8,462 $342,800
Warren County 2.52% $8,156 $323,100
Cumberland County 2.46% $5,048 $205,600
Cape May County 1.32% $5,233 $395,000
Salem County 3.03% $6,757 $223,000

Hunterdon County property tax: common questions

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

The effective rate is 2.01% of home value, from a median tax bill of $10,001 against a median home value of $498,800. That is 1.03 points above the national 0.98%.

How much is property tax on a $400,000 home in Hunterdon County?

Roughly $8,040 a year at the county effective rate of 2.01%.

Is Hunterdon County expensive compared with the rest of New Jersey?

It ranks #14 of 21 New Jersey counties by effective property tax rate, and #93 of 2,826 nationally. That is 0.22 points below the New Jersey average of 2.23%.

What does housing cost in Hunterdon County?

The median home is worth $498,800 and median gross rent is $1,707 a month. Median household income is $139,453, which puts the home at 3.58 times annual income and rent at 14.69% of it.