Property taxes in Boonton Twp, New Jersey
Boonton Twp’s effective tax rate for 2025 is 1.967% of market value. On a $500,000 home that’s about $9,835 a year, lower than the typical town in Morris County (2.004%).
Effective rate1.967%2025, applies to market value
General rate2.538Per $100 of assessed value
Rank in county#22 of 391 = highest
Rank in New Jersey#362 of 5641 = highest
Estimated yearly and monthly tax by home price
| Home price | Per year | Per month |
|---|---|---|
| $250,000 | $4,918 | $410 |
| $400,000 | $7,868 | $656 |
| $600,000 | $11,802 | $984 |
| $800,000 | $15,736 | $1,311 |
| $1,000,000 | $19,670 | $1,639 |
Effective vs. general tax rate
New Jersey towns set a general tax rate that applies to each home’s assessed value, which can be well below or above market value depending on when the town last reassessed. The effective rate adjusts for that, so it can be applied to a purchase price. Boonton Twp’s general rate is 2.538 per $100 of assessed value.
Questions
What is the property tax rate in Boonton Twp, NJ?
The 2025 effective rate is 1.967% of market value, and the general rate is 2.538 per $100 of assessed value (New Jersey Division of Taxation).
How much are property taxes on a $500,000 home in Boonton Twp?
About $9,835 a year, or $820 a month.
Towns in Morris County with similar rates
More nearby
Source: NJ Division of Taxation, 2025 General and Effective Tax Rates.