Fairfield, Essex County, New Jersey Property Taxes
Property Taxes in Fairfield, New Jersey
Median Fairfield, New Jersey effective property tax rate: 2.05%, significantly lower than the national median of 1.02%, and lower than the New Jersey state median of 2.88%.
Median Fairfield, New Jersey home value: $495,900
Median annual Fairfield, New Jersey tax bill: $10,200, $7,800 higher than the national median property tax bill of $2,400.
How are property taxes in Essex calculated?
Property taxes in Fairfield, New Jersey are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Fairfield's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fairfield, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Fairfield, Essex County, New Jersey Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.05%
Estimate Property Tax Bill
$10,166
$9,434
How Does the Fairfield Property Tax Calculator Work?
Use this Fairfield property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Fairfield's median effective tax rate of 2.05% — based on actual property records in Essex County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment system uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Fairfield's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Fairfield's median effective tax rate is lower than New Jersey's 2.88% state median rate, but the median property tax bill is $10,200, which is $7,800 higher than the state median property tax bill of $2,400.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Fairfield.
About Fairfield Property Taxes
About Property Taxes in Fairfield, Essex, New Jersey
Fairfield’s median effective property tax rate of 2.05% is lower than the New Jersey state median of 2.88% and higher than the national median of 1.02%. This rate reflects the Essex County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Fairfield. Homeowners in ZIP code 07004 carry a median effective rate of 2.05%, while those in the same ZIP also pay 2.05%. This spread reflects how school district boundaries and local assessment districts are drawn across Essex County. Understanding which part of Fairfield you live in can make a meaningful difference to your annual tax bill.
Fairfield homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the April 1, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Fairfield, Essex County, New Jersey
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Fairfield's effective property tax rate to other cities in New Jersey and the median property tax rates in New Jersey and the U.S.
Our median effective property tax rate (tax bill Ă· assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Fairfield Tax Rate
2.05%
Our median effective property tax rate (tax bill Ă· assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Essex County Tax Rate
3.27%
Median Effective New Jersey Tax Rate
2.88%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Fairfield, Essex County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07004 | 2.05% | 2.05% | 2.05% | 2.05% | 2.05% |
Source: Ownwell
Property Tax Assessment Values Across Fairfield, Essex County, New Jersey
When examining property taxes in Fairfield, New Jersey, understanding the distinction between "market value" and "assessed value" is crucial.
The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Essex County tax office estimates the market value for tax purposes.
The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices:
In Essex County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of February.
Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. For example, the median home price in Fairfield is $495,900, with tax bills ranging significantly across the county. ZIP code 07004 has the highest median home price at $495,900.
Property Tax Assessment Values Across Fairfield, Essex County, New Jersey
Source: Ownwell
$145,150
$750,800
$1,356,450
Median Fairfield Market Value
$495,900
Median Essex County Market Value
$366,500
Median New Jersey Market Value
$288,200
Median United States Market Value
$235,294
Property Tax Assessment Values Across Fairfield, Essex County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07004 | $348,580 | $421,425 | $495,900 | $620,750 | $755,030 |
Source: Ownwell
Property Tax Bills Across Fairfield, Essex County, New Jersey
Fairfield property tax bills are based on the assessed value of a home, which is then multiplied by the local tax rate set by taxing authorities. The assessed value is influenced by the market value of the property, along with local budgets and the services funded by property taxes, such as schools and municipal operations.
With a median home price of $495,900, homeowners in Fairfield can see substantial tax bills, especially when compared with the national median property tax bill of $2,400. The median tax bill in the area is $10,200, and bills can range from $8,655 at the 25th percentile to $12,800 at the 75th percentile, with the 90th percentile reaching $15,542.
Higher assessed values generally mean higher property tax bills, which can significantly affect monthly housing costs and overall affordability for homeowners.
Median Fairfield Tax Bill
$10,200
Median Essex County Tax Bill
$11,737
Median New Jersey Tax Bill
$8,638
Median United States Tax Bill
$2,400
Property Tax Bills Across Fairfield, Essex County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07004 | $7,220 | $8,655 | $10,200 | $12,800 | $15,542 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 1 |
Links | |
|---|---|
| Essex Tax Assessor | |
| Website | www.taxdatahub.com |