Montclair, Essex County, New Jersey Property Taxes
Property Taxes in Montclair, New Jersey
Median Montclair, New Jersey effective property tax rate: 3.38%, significantly higher than the national median of 1.02%, and higher than the New Jersey state median of 2.88%.
Median Montclair, New Jersey home value: $597,050
Median annual Montclair, New Jersey tax bill: $20,094, $17,694 higher than the national median property tax bill of $2,400.
How are property taxes in Essex calculated?
Property taxes in Montclair, 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 Montclair's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Montclair, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Montclair, Essex County, New Jersey Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.38%
Estimate Property Tax Bill
$20,180
$18,727
How Does the Montclair Property Tax Calculator Work?
Use this Montclair property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Montclair's median effective tax rate of 3.38% — based on actual property records in Essex County — to generate your estimate.
Enter your property's estimated assessed value — the figure used to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Montclair's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Montclair: rates range from $16,682.00 in 07042 to $23,065.00 in 07043, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Montclair.
About Montclair Property Taxes
About Property Taxes in Montclair, Essex, New Jersey
Montclair’s median effective property tax rate of 3.38% is higher 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 Montclair. Homeowners in the 07042 ZIP code carry a median effective rate of 3.38%, while those in 07042 pay 3.38%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Essex County. Understanding which part of Montclair you live in can make a meaningful difference to your annual tax bill.
Montclair 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 Montclair, 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 Montclair'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 ÷ 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 Montclair Tax Rate
3.38%
Our median effective property tax rate (tax bill ÷ 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 Montclair, Essex County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07042 | 3.38% | 3.38% | 3.38% | 3.38% | 3.38% |
| 07043 | 3.38% | 3.38% | 3.38% | 3.38% | 3.38% |
Source: Ownwell
Property Tax Assessment Values Across Montclair, Essex County, New Jersey
When examining property taxes in Montclair, 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 assessment 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 February 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 Montclair is $597,050, with tax bills ranging significantly across the county. 07043 has the highest median home price at $683,200.
Property Tax Assessment Values Across Montclair, Essex County, New Jersey
Source: Ownwell
$145,150
$750,800
$1,356,450
Median Montclair Market Value
$597,050
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 Montclair, Essex County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07042 | $236,100 | $333,400 | $495,500 | $721,725 | $998,750 |
| 07043 | $467,950 | $568,975 | $683,200 | $827,500 | $1,028,900 |
Source: Ownwell
Property Tax Bills Across Montclair, Essex County, New Jersey
Montclair property tax bills are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. The assessed value can change when a home is sold, improved, or reassessed, and that can affect the amount a homeowner owes each year.
With a median home price of $597,050, property taxes in Montclair can be substantial. The tax bill is also influenced by local budgets and the needs of schools, municipal services, and other public expenses, so two similar homes can still receive different bills depending on their assessment and location.
For many homeowners, this means a higher monthly housing cost and a larger annual tax burden. Montclair’s tax bills are well above the national median property tax bill of $2,400, making it especially important for homeowners to understand how their assessment is determined and whether it accurately reflects market value.
Median Montclair Tax Bill
$20,094
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 Montclair, Essex County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07042 | $8,078 | $11,275 | $16,682 | $24,350 | $33,719 |
| 07043 | $15,815 | $19,160 | $23,065 | $27,912 | $34,724 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 1 |
Links | |
|---|---|
| Essex Tax Assessor | |
| Website | www.taxdatahub.com |