No link on RateHerald pays us today. When some do, they'll say so, and they'll never change a ranking. How we make money

Mercer County, NJ Property Tax Calculator

Mercer County homeowners pay a median $8,909 a year in property tax, 2.36% of a median $377,700 home: above New Jersey's 2.11% and the national 0.94%.

At an effective rate of 2.36%, a $377,700 home pays about $8,910 a year in property tax, $742 a month.

Property tax a year
$8,910
A month (for escrow)
$742
Effective rate on the home
2.36%

Property tax in Mercer County by home value, at 2.36%

Home valueA yearA month
$200,000$4,718$393
$300,000$7,077$590
$400,000$9,436$786
$500,000$11,795$983
$750,000$17,693$1,474
$1,000,000$23,590$1,966

Mercer County against New Jersey and the US

Effective rateMedian taxMedian home valueMedian household income
Mercer County2.36%$8,909$377,700$100,645
New Jersey2.11%$9,590$454,400$103,556
United States0.94%$3,119$332,700$80,734

How this calculator works

Median real estate taxes paid ÷ median home value in Mercer County, from the Census Bureau's American Community Survey 2020–2024 5-year estimates. The calculator starts at the county's median home value and rate.

What it assumes

  • Cities, school districts and special districts within the county levy different rates, so bills vary within it.
  • Survey figures cover 2020 to 2024 and lag recent reassessments.

Questions people ask

What is the property tax rate in Mercer County?

The effective rate is 2.36%: a median $8,909 a year on a median $377,700 home. That's the 4th highest of the 13 New Jersey counties we cover.

How much is property tax on a $400,000 house in Mercer County?

About $9,436 a year, $786 a month, at the county's effective rate, before any exemption.

How does Mercer County compare with the rest of New Jersey?

Its rate is above the state's 2.11%. Across New Jersey, covered counties range from 1.22% to 2.93%.

How do I lower my Mercer County property tax?

Apply for every exemption you qualify for, such as a homestead exemption, and appeal your assessment if it is higher than comparable homes sold nearby; the county assessor explains the deadlines.

Other New Jersey counties

Related calculators

Sources

Updated by the RateHerald team. The maths is tested against worked examples; report a problem.