Salem County, New Jersey

Salem, N.J. Property Tax Rate 2026

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

General tax rate
8.628

per $100 assessed

Effective tax rate
4.505

per $100 market value

Equalization ratio
52.21%

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 $261,069 → about $22,525/year
  • $750,000 market value → assessed about $391,603 → about $33,788/year

Check a Salem address

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

Salem market report · Homes for sale in Salem · All NJ tax rates

Get Instant Price-Drop & New Listing Alerts in Salem

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

What's Your Salem Home Worth in 2026?

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

Questions about Salem taxes

What is the property tax rate in Salem, NJ?

The official 2025 general tax rate in Salem (Salem County) is 8.628 per $100 of assessed value. The effective tax rate is 4.505 per $100 of market value.

What is the effective tax rate in Salem?

Salem's effective tax rate is 4.505. 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 Salem?

Using the equalization ratio of 52.21%, a $500,000 market value is about $261,069 assessed. The approximate annual tax is $22,525, which is $500,000 times the effective rate of 4.505 per $100.

How do I appeal my Salem property assessment?

Enter your Salem 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.