New Jersey retained its spot as the state with the highest property taxes as the average tax bill in the Garden State rose by nearly $500 last year, a nearly 5% increase over 2024, data gathered by TLS shows.

The average property tax bill in New Jersey in 2025 was $10,570, up approximately $475 from 2024, according to new data released by the Department of Community Affairs.

In Lakewood, the average property tax bill was $8,974, a 6.2% increase from last year. In Jackson the average bill was $9,047 (+6.4%), and in Toms River the average property tax due was $8,526 (+7.9%).

According to the data, over $36.1 billion was brought in from property owners in New Jersey, with the funds being used by local and county governments, and more than half – $18.8 billion – going to local school districts.

In Lakewood, a total of $283,839,376 was collected, with $118,355,628 (41.7%) going to the public school district, $96,267,018 (33.9%) going to the municipality and $69,216,730 (24.4%) collected to support county government spending.