Chalk up another seven in the category of New Jersey’s dubious distinctions, since the Washington, D.C., Tax Foundation recently ranked the top ten localities that pay the highest property taxes — and they include seven Garden State counties.
Indeed, Hunterdon County, with a median property tax of $8,216, was ranked first out of 2,922 counties in the country. New York’s Nassau and Westchester Counties ranked second and third, but Bergen County ranked fourth, with a median rate of $7,925. Rockland County, New York, ranked fifth, but it was followed by five other New Jersey counties: Essex ($7,489), Somerset ($7,421), Morris ($7,298), Union ($7,075) and Passaic ($7,055).
What might even be worse is that six New Jersey counties were ranked in the top ten as counties with the highest property taxes as a percentage of income. Passaic County, with a median household income of $83,591, ranked first in the nation using that statistic. Essex County ranked second; Bergen County ranked fourth; Union County ranked fifth; Hunterdon County ranked eighth; and Hudson County ranked ninth.