Property taxes in Mercer County, New Jersey
Homes in Mercer County pay about 2.36% of their value in property taxes each year, or about $10,928 on a home at the local median sale price of $463,050. That’s higher than the typical county in New Jersey (2.10%).
Effective rate2.36%Of home value per year
Rank in New Jersey#4 of 211 = highest rate
Tax at the median sale price$10,928On $463,050
On the map
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Effective property tax rate1.22% – 1.65%1.72% – 1.89%1.91% – 2.18%2.26% – 2.32%2.34% – 2.93%
Click a county for its figure. County outlines: U.S. Census Bureau.
Estimated yearly and monthly tax by home price
| Home price | Per year | Per month |
|---|---|---|
| $250,000 | $5,900 | $492 |
| $400,000 | $9,440 | $787 |
| $600,000 | $14,160 | $1,180 |
| $800,000 | $18,880 | $1,573 |
| $1,000,000 | $23,600 | $1,967 |
Towns in Mercer County
| Town | Effective rate | Tax on $400,000 |
|---|---|---|
| East Windsor Twp | 2.341% | $9,364 |
| Ewing Twp | 2.690% | $10,760 |
| Hamilton Twp | 2.434% | $9,736 |
| Hightstown Boro | 3.028% | $12,112 |
| Hopewell Boro | 2.545% | $10,180 |
| Hopewell Twp | 2.343% | $9,372 |
| Lawrence Twp | 2.376% | $9,504 |
| Pennington Boro | 2.420% | $9,680 |
| Princeton | 1.814% | $7,256 |
| Robbinsville Twp | 2.345% | $9,380 |
| Trenton City | 3.468% | $13,872 |
| West Windsor Twp | 2.080% | $8,320 |
Why New Jersey towns differ
In New Jersey each municipality sets its own rate, and school and county budgets are split among towns, so two neighboring towns can differ by a full percentage point or more. Use the town rate for a specific home.
Questions
What is the property tax rate in Mercer County, New Jersey?
About 2.36% of a home’s value per year, based on U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates.
How much is property tax on a $400,000 home in Mercer County?
About $9,440 a year, or $787 a month.
Counties in New Jersey with similar rates
More for Mercer County
Mercer County loan limitsNew Jersey closing costsHightstown 08520 market dataHopewell 08525 market dataLawrence Township 08648 market dataPennington 08534 market dataPrinceton 08540 market dataPrinceton 08542 market dataPrinceton Junction 08550 market dataTitusville 08560 market dataTrenton 08608 market dataTrenton 08609 market dataTrenton 08610 market dataTrenton 08611 market data
Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates.