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County tax profile · 2026 · Census ACS + IRS data

Property Tax & Income in Morris County, New Jersey

Morris County has an effective property tax rate of 1.72%. On the median home value of $582,500, that's roughly $10,001 per year. Median household income is $137,326.

Effective Property Tax Rate1
1.72%
median tax $10,001 ÷ median home $582,500
Median Home Value1
$582,500
owner-occupied
Median Household Income1
$137,326
per-capita $71,044
Est. Annual Tax on Median Home1
$10,001
at 1.72% effective rate

What you'll pay, at a glance

Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.

MetricMorris CountyNew Jersey (state context)
Effective property tax rate11.72%2.10%
Median home value1$582,500—
State income tax3top rate 10.75%top rate 10.75%
State sales tax36.60% combined6.60% combined

How this is calculated

The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.

About Morris County, NJ

Morris County's effective property tax rate of 1.717% sits below New Jersey's statewide median of 2.098%, a meaningful gap given how heavily the Garden State taxes real estate. Even so, that rate remains more than double the national median of 0.794%, so homeowners here still pay considerably more than most Americans. The county ranks 17th out of New Jersey's 21 counties for property tax rate, placing it among the state's lower-taxed jurisdictions. On a median home value of $582,500, the median annual tax bill comes to $10,001. Households earning the median income of $137,326 devote roughly 7% of that to property taxes, while per-capita income stands at $71,044. Communities such as Boonton, Lake Hiawatha, and Lincoln Park reflect this mix of high home values and comparatively restrained rates.

Frequently asked questions

What is the property tax rate in Morris County, NJ?
The effective rate is 1.72% — meaning the median tax bill equals about 1.72% of the median home value.
How much are property taxes on a median home?
On the median home ($582,500), the estimated annual bill is about $10,001.
Is Morris County's rate high or low?
Compare it to the state median of 2.10% and the national average near 1.1%.
How does the effective rate differ from my mill rate?
A mill rate is the nominal levy per $1,000 of assessed value. The effective rate reflects what you actually pay after exemptions and assessments — it's the median tax bill as a share of median home value, so it better predicts your real cost.
Will a reassessment raise my tax bill?
Not necessarily. If your home's assessed value rises, your bill can go up, but only if the mill rate and exemptions stay flat. Contact the Morris County assessor's office to review your current assessment.
Can I appeal my property tax assessment?
Yes. Most counties allow an appeal when you believe the assessed value exceeds the market value. File with the Morris County assessor within the local deadline, typically with comparable sales as evidence.
Sources
[1] U.S. Census Bureau — ACS 5-Year (2023) — Median home value (B25077), median real-estate taxes (B25103), median household income (B19013), per-capita income (B19301).
[2] IRS — Statistics of Income — County income, AGI, and real-estate taxes paid.
[3] Tax Foundation — State income, sales, corporate, and estate/inheritance tax rates.