Summit Ranks In Top 20 In NJ For Highest Property Tax Rates

SUMMIT, NJ — A list of the New Jersey municipalities with the highest tax rates shows that several towns in Union County near the top, including Summit. READ MORE: Every NJ Town's Average Property Tax Bill In New 2021 List

Patch put together the list of more than 500 municipalities based on data released this month from the state Department of Community Affairs.

The good news is that even as the COVID crisis shut the economy down and brought a halt to revenues, property taxes rose at a much slower rate in 2020 than they did the year before.

On average, the state's property taxes rose 1 percent, from $8,953 to $9,112, from 2019 to 2020. By contrast, between 2018 and 2019, the average homeowner's tax bill rose from $8,767 to $8,953, an increase of 2.12 percent.

On the list of more than 500 municipalities, Summit came in at number 18. The closest Union County town behind it was Westfield at 24.

Number one on the list is wealthy Tavistock, a Camden County town with three large houses in it.

These were the top 20 communities in New Jersey. To see the full list, read more, or look at a separate list of who got the largest increases, click here: Every NJ Town's Average Property Tax Bill In New 2021 List

1. Tavistock Borough, Camden $30,328
2. Millburn Township, Essex $24,370
3. Mountain Lakes Borough, Morris $21,625
4. Tenafly Borough, Bergen $21,552
5. Demarest Borough, Bergen $21,377
6. Glen Ridge Borough, Essex $21,214
7. Rumson Borough, Monmouth $21,153
8. Alpine Borough, Bergen $21,042
9. Essex Fells Borough, Essex $20,413
10. Princeton, Mercer $20,352
11. Montclair Township, Essex $19,963
12. Mendham Township, Morris $19,794
13. Mantoloking Borough, Ocean $19,304
14. South Orange Village Township, Essex $19,147
15. Deal Borough, Monmouth $19,117
16. Upper Saddle River Borough, Bergen $18,886
17. Ridgewood Village, Bergen $18,506
18. Summit City, Union $18,314
19. Haworth Borough, Bergen $18,270
20. Saddle River Borough, Bergen $18,210

Patch Editor Tom Davis contributed reporting to this story.

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