Local costs · New Jersey
What a home costs across New Jersey
Property-tax rates, insurance, and closing costs vary widely by county. Below are the state-wide rules that apply everywhere in New Jersey, then every county with its own tax rate and insurance range.
Statewide facts
- Home insurance average
- About $1,417 per year for a standard HO-3 policy (NAIC 2022 state average). Individual counties run above or below this based on local hazard risk — see the table below.
- Transfer & recording tax
- NJ realty transfer fee: graduated by price (tiered) — seller customarily paysNJ graduated percent fee (mansion tax): stepped by price bracket — seller customarily paysOn the $496,000 state median home, the buyer’s customary share is about $0; the seller customarily covers about $4,137.
- Title insurance
- New Jersey uses competitive (filed) rates. Rates are competitive rather than state-set, so we model title and settlement from a national declining-rate curve calibrated to published costs.
- State income tax
- New Jersey income tax is modeled at about 2.64% effective for a married household at $100,000 (4.18% filing single). These are modeled effective rates from Tax Foundation 2026 brackets.
All 21 counties in New Jersey
Effective property-tax rate (Census ACS) and a typical annual insurance range at the state median home value. Select a county for the full breakdown.
| County | Property tax | Insurance / yr |
|---|---|---|
| Atlantic County | 2.30% | $1,590–$3,540typical $2,440 |
| Bergen County | 1.60%* | $690–$1,540typical $1,060 |
| Burlington County | 2.25% | $880–$1,960typical $1,350 |
| Camden County | 2.83% | $690–$1,540typical $1,060 |
| Cape May County | 1.22% | $1,490–$3,320typical $2,290 |
| Cumberland County | 2.28% | $1,190–$2,650typical $1,830 |
| Essex County | 1.91%* | $690–$1,540typical $1,060 |
| Gloucester County | 2.60% | $730–$1,640typical $1,130 |
| Hudson County | 1.77% | $690–$1,540typical $1,060 |
| Hunterdon County | 1.93%* | $820–$1,830typical $1,260 |
| Mercer County | 2.36% | $1,130–$2,520typical $1,740 |
| Middlesex County | 2.10% | $810–$1,800typical $1,240 |
| Monmouth County | 1.65%* | $1,630–$3,630typical $2,500 |
| Morris County | 1.72%* | $690–$1,540typical $1,060 |
| Ocean County | 1.65% | $1,380–$3,070typical $2,120 |
| Passaic County | 2.18%* | $690–$1,540typical $1,060 |
| Salem County | 2.93% | $850–$1,900typical $1,310 |
| Somerset County | 1.81%* | $690–$1,540typical $1,060 |
| Sussex County | 2.32% | $1,010–$2,260typical $1,560 |
| Union County | 1.89%* | $690–$1,540typical $1,060 |
| Warren County | 2.34% | $830–$1,840typical $1,270 |
* Property-tax rate is approximate because the county’s Census median is top-coded.
How these numbers are built
Every figure comes from public data or our own math: Census ACS property taxes, NAIC insurance averages scaled by FEMA risk, and researched transfer-tax and title schedules.
Estimates, not advice. See the methodology for sources, vintages, and the honest gaps.