Union County, New Jersey

New Providence, N.J. Property Tax Rate 2026

Official 2025 Division of Taxation rates for New Providence. The general rate is per $100 of assessed value. A sale price is not an assessed value.

General tax rate
5.242

per $100 assessed

Effective tax rate
2.049

per $100 market value

Equalization ratio
39.09%

assessed ÷ market, from the two rates

Example tax bills

Approximation using the effective rate. The general rate is applied to the equalized assessment, not the sticker price.

  • $500,000 market value → assessed about $195,441 → about $10,245/year
  • $750,000 market value → assessed about $293,161 → about $15,368/year

Check a New Providence address

See the assessment, comps, and whether a Chapter 123 appeal is worth filing.

New Providence market report · Homes for sale in New Providence · All NJ tax rates

Get Instant Price-Drop & New Listing Alerts in New Providence

Tell us when a New Providence home hits the market or drops in price. Free buyer alerts.

What's Your New Providence Home Worth in 2026?

Get a seller valuation for your New Providence home using recent sales and local tax data.

Questions about New Providence taxes

What is the property tax rate in New Providence, NJ?

The official 2025 general tax rate in New Providence (Union County) is 5.242 per $100 of assessed value. The effective tax rate is 2.049 per $100 of market value.

What is the effective tax rate in New Providence?

New Providence's effective tax rate is 2.049. That rate already converts market value into an approximate tax bill. The general rate applies only to assessed value.

How much is property tax on a $500,000 home in New Providence?

Using the equalization ratio of 39.09%, a $500,000 market value is about $195,441 assessed. The approximate annual tax is $10,245, which is $500,000 times the effective rate of 2.049 per $100.

How do I appeal my New Providence property assessment?

Enter your New Providence address on this page. Garden State AI compares the assessment with recent sales under NJ Chapter 123 and, when the numbers support it, prepares the appeal packet.

Source: 2025 General Tax Rates, NJ Division of Taxation. Rates are not a legal opinion and do not include exemptions.