2024 Tax Calculator For Seniors In Nj. Homeowners in new jersey pay an average of $8,797 in property taxes annually, which equals an effective property tax rate of 2.47%,. New jersey employs a graduated income tax system with rates ranging from 1.4% to 10.75%, which can significantly impact your net income based on your earnings level.
The tax applies to all wages over $125,000 for married couples filing separately and $250,000 for married couples filing jointly. Home / financial / income tax.