Jersey City Property Tax by Neighborhood (2026)

Jersey City levies one citywide general tax rate — but what you actually pay depends on where you buy. Here are the real median tax bills and effective rates by neighborhood, computed from 42,178 residential (1–4 family) properties in the public assessment rolls.

$9,396
Median residential tax / year
72.82%
2026 equalization ratio (assessed ÷ market)
2018
Last citywide revaluation

Why do effective rates differ by neighborhood?

Everyone pays the same general tax rate — but it’s applied to a home’s assessed value, which was last set in the 2018 revaluation. The effective rate below is tax as a share of a home’s actual sale price. So effective rate = general rate × (assessed ÷ market) — and the only thing that varies is how far each neighborhood’s 2018 assessments have fallen behind today’s prices.

Where prices have climbed furthest above those old assessments (Greenville), the effective rate looks lower; where assessments stayed closest to market (Downtown), it’s higher. A lower effective rate isn’t a tax break — it signals a wider gap between assessed and market value, which means more tax exposure if the property is ever reassessed.

Median property tax by neighborhood

NeighborhoodMedian taxTypical range (25–75%)Eff. rate*Homes
Downtown$16,671$12,039–$23,9341.99%9,004
Heights$10,846$8,499–$13,9801.67%9,313
Journal Square$8,929$6,461–$12,3361.84%3,061
Bergen-Lafayette$8,053$5,915–$10,5961.58%5,923
West Side$7,526$5,788–$9,9561.61%5,115
Greenville$6,944$5,877–$8,5321.56%9,718

*Effective rate = annual tax ÷ recent arm’s-length sale price, from usable 2020+ sales only. Median and range shown to avoid distortion from outliers. Figures are informational estimates from public records.

Is your home over-assessed?

Jersey City’s assessed values sit at about 73% of market (the 72.82% equalization ratio). If your assessment is high relative to what comparable homes actually sell for, you may be over-assessed — and eligible to appeal (generally by April 1). Enter your address to see how your assessment compares to recent sales.

Informational only — not tax, legal, or appraisal advice. Figures are estimates derived from public assessment and sales records and may contain errors or be out of date. Market values are inferred from comparable sales, not formal appraisals. Whether to file a tax appeal, and your property’s actual market value, should be determined with a licensed appraiser, attorney, or tax professional. Appeal rules and deadlines are set by Hudson County and the State of New Jersey and can change — verify before acting. Know This Property is not affiliated with or endorsed by the City of Jersey City, Hudson County, or the tax assessor.

How Jersey City property tax actually works

Your bill is assessed value × the general tax rate. The general rate is set citywide each year from the combined city, county, and school levies divided by the total assessed tax base — it is not set per neighborhood. So two similar homes in different areas pay different bills mainly because their assessed values differ.

Because the last citywide revaluation was in 2018, assessments have drifted below current market value — the 2026 equalization ratio is 72.82%, meaning assessed values average about 73% of market. The county publishes a Common Level Range of 61.9%–83.7%; an individual property whose assessment-to-market ratio falls outside that band may be over- or under-assessed. Tax abatements (PILOTs) can also lower a specific building’s bill substantially while they are active.

Sources & further reading: Hudson County rates & ratios, NJ Guide to Tax Appeals, and Civic Parent’s 2026 appeals primer. We are not affiliated with these sources.

Frequently asked questions

What is the average property tax in Jersey City?

The median residential property tax bill is about $9,396 per year across 42,178 1–4 family homes, but it varies widely by neighborhood — from roughly $6,944 to $16,671 (see table above).

Does Jersey City have different tax rates by neighborhood?

No — Jersey City has a single citywide general tax rate. What varies by neighborhood is the actual tax bill and the effective burden, because property values, assessments, and abatements differ.

What is the 2026 equalization ratio and why does it matter?

Jersey City’s 2026 equalization ratio (Common Level) is 72.82%, meaning assessed values are about 73% of market value on average (the last revaluation was 2018). If your own assessment-to-market ratio falls outside the 61.9%–83.7% range, it may indicate you are over- or under-assessed.

How do I know if I’m over-assessed and can appeal?

Compare your assessed value to your home’s likely market value (from recent comparable sales). If your ratio is above the 83.7% upper limit, you may be over-assessed. Appeals are generally filed with the county by April 1. This is informational only — confirm with a licensed appraiser, attorney, or tax professional.

Related: Jersey City ZIP codes · Browse property reports · Neighborhood guides