Morris Plains, Morris County, New Jersey Property Taxes
Property Taxes in Morris Plains, New Jersey
Median Morris Plains, New Jersey effective property tax rate: 3.41%, significantly higher than the national median of 1.02%, and higher than the New Jersey state median of 2.88%.
Median Morris Plains, New Jersey home value: $386,400
Median annual Morris Plains, New Jersey tax bill: $10,425, $8,025 higher than the national median property tax bill of $2,400.
How are property taxes in Morris County calculated?
Property taxes in Morris Plains, 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 Morris Plains's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Morris Plains, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Morris Plains, Morris County, New Jersey Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.41%
Estimate Property Tax Bill
$13,176
$12,227
How Does the Morris Plains Property Tax Calculator Work?
Use this Morris Plains property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Morris Plains' median effective tax rate of 3.41% — based on actual property records in Morris County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Morris Plains' 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 Morris Plains: rates range from 3.41% in 07950 to 3.41% in 07950, 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 Morris Plains.
About Morris Plains Property Taxes
About Property Taxes in Morris Plains, Morris, New Jersey
Morris Plains’s median effective property tax rate of 3.41% is higher than the New Jersey state median of 2.88% and higher than the national median of 1.02%. This rate reflects the Morris 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 Morris Plains. Homeowners in the 07950 ZIP code carry a median effective rate of 3.41%, while those in the lowest ZIP also pay 3.41%. This reflects how school district boundaries and local assessment districts are drawn across Morris County. Understanding which part of Morris Plains you live in can make a meaningful difference to your annual tax bill.
Morris Plains homeowners who believe their assessed value is too high can file a formal appeal with the local 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 Morris Plains, Morris 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 Morris Plains'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 Morris Plains Tax Rate
3.41%
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 Morris County Tax Rate
2.60%
Median Effective New Jersey Tax Rate
2.88%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Morris Plains, Morris County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07950 | 2.01% | 2.50% | 3.41% | 3.41% | 3.41% |
Source: Ownwell
Property Tax Assessment Values Across Morris Plains, Morris County, New Jersey
When examining property taxes in Morris Plains, 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 Morris County tax assessor 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 Morris 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. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Morris Plains.
For example, the median home price in Morris Plains is $386,400, with tax bills ranging significantly across the county. 07950 has the highest median home price at $386,400.
Property Tax Assessment Values Across Morris Plains, Morris County, New Jersey
Source: Ownwell
$222,300
$851,800
$1,481,300
Median Morris Plains Market Value
$386,400
Median Morris County Market Value
$411,600
Median New Jersey Market Value
$288,200
Median United States Market Value
$235,294
Property Tax Assessment Values Across Morris Plains, Morris County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07950 | $149,000 | $301,500 | $386,400 | $488,050 | $576,300 |
Source: Ownwell
Property Tax Bills Across Morris Plains, Morris County, New Jersey
Property tax bills in Morris Plains are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. Local governments set budgets for schools, municipal services, and county needs, and those costs are spread across taxable properties in the area. For homeowners, that means a higher assessed value can lead to a larger bill, while a lower assessment can reduce what is owed.
With a median home price of $386,400, property taxes in Morris Plains are substantial compared with the national median property tax bill of $2,400. The tax bill typically reflects not just the home itself, but also the tax rates set by the different taxing authorities that serve the property. In Morris Plains, the median tax bill is $10,425, and many homeowners see bills ranging from $8,031 at the 25th percentile to $13,085 at the 75th percentile. For households, these taxes can have a major impact on monthly housing costs and overall affordability.
Property Tax Bills Across Morris Plains, Morris County, New Jersey
Source: Ownwell
$6,529
$15,270
$24,010
Median Morris Plains Tax Bill
$10,425
Median Morris County Tax Bill
$10,340
Median New Jersey Tax Bill
$8,638
Median United States Tax Bill
$2,400
Property Tax Bills Across Morris Plains, Morris County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07950 | $4,373 | $8,031 | $10,425 | $13,085 | $16,519 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 1 |
Links | |
|---|---|
| Morris Tax Assessor | |
| Website | mcweb1.co.morris.nj.us |