Chester, Morris County, New Jersey Property Taxes

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Property Taxes in Chester, New Jersey

Median Chester, New Jersey effective property tax rate: 2.54%, significantly higher than the national median of 1.02%, and lower than the New Jersey state median of 2.88%.
Median Chester, New Jersey home value: $582,000
Median annual Chester, New Jersey tax bill: $14,670, $12,270 higher than the national median property tax bill of $2,400.

How are property taxes in Morris calculated?

Property taxes in Chester, 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 Chester's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Chester, knowing local tax details benefits homeowners and investors.

Last Updated April 13, 2026

Chester, Morris County, New Jersey Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.54%

Estimate Property Tax Bill

$14,783

$13,718

How Does the Chester Property Tax Calculator Work?

Use this Chester property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Chester's median effective tax rate of 2.54% — 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 Chester'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 Chester: rates range from 2.54% in 07930 to 2.54% in 07930, 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 Chester.

About Chester Property Taxes

About Property Taxes in Chester, Morris, New Jersey

Chester’s median effective property tax rate of 2.54% is lower 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 Chester. Homeowners in the 07930 ZIP code carry a median effective rate of 2.54%, while those in the same ZIP also pay a median tax bill of $14,670. This reflects how school district boundaries and local assessment districts are drawn across Morris County. Understanding where you live in Chester can make a meaningful difference to your annual tax bill.

Chester homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before April 1, 2026.

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 Chester, 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 Chester's effective property tax rate to other cities in New Jersey and the median property tax rates in New Jersey and the U.S.

Property Tax Rates Across Chester, Morris County, New Jersey

Source: Ownwell

1.16%

2.30%

3.45%

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 Chester Tax Rate

2.54%

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 Chester, Morris County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
07930	2.45%	2.54%	2.54%	2.54%	2.54%

Source: Ownwell

Property Tax Assessment Values Across Chester, Morris County, New Jersey

When examining property taxes in Chester, 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 Chester.

For example, the median home price in Chester is $582,000, with tax bills ranging significantly across the county. 07930 has the highest median home price at $582,000.

Property Tax Assessment Values Across Chester, Morris County, New Jersey

Source: Ownwell

$222,300

$851,800

$1,481,300

Median Chester Market Value

$582,000

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 Chester, Morris County, New Jersey

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
07930	$361,420	$451,200	$582,000	$796,750	$985,720

Source: Ownwell

Property Tax Bills Across Chester, Morris County, New Jersey

Property tax bills in Chester 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 taxing authorities set the rate, and the bill reflects the combined cost of county, municipal, school, and other local services. For homeowners, that means a higher assessed value can lead to a larger tax bill, even if the home has not been sold.

With a median home price of $582,000, Chester homeowners often face substantial property tax obligations. The 25th percentile tax bill is $11,243, while the 75th percentile tax bill is $19,995 and the 90th percentile tax bill is $24,737. The median tax bill in ZIP code 07930 is $14,670. Compared with the national median property tax rate of 1.02% and the national median property tax bill of $2,400, Chester property taxes are much higher, which can significantly affect monthly housing costs and long-term affordability.

Property Tax Bills Across Chester, Morris County, New Jersey

Source: Ownwell

$6,529

$15,270

$24,010

Median Chester Tax Bill

$14,670

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 Chester, Morris County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
07930	$9,022	$11,243	$14,670	$19,995	$24,737

Source: Ownwell

Don't miss the deadline to appeal!

Dates
Appeal Deadline	April 1

Links
Morris Tax Assessor
Website	mcweb1.co.morris.nj.us

Frequently Asked Property Tax Questions in Chester, New Jersey

How are property taxes calculated in Chester, New Jersey?

Property taxes in Chester, New Jersey are calculated by multiplying your property's assessed value by the applicable tax rate set by local taxing authorities. The assessed value is determined by the county assessor and may differ from your property's market value depending on local assessment ratios and exemptions.

How do I appeal my property taxes in Chester, New Jersey?

To appeal your property taxes in Chester, New Jersey, you typically need to file a formal protest or appeal with your local appraisal district or assessor's office by the stated deadline. You'll need evidence such as comparable sales, a recent independent appraisal, or documentation of property condition issues. Ownwell can handle this entire process for you.

What property tax exemptions are available in Chester, New Jersey?

Common property tax exemptions in Chester, New Jersey include homestead exemptions for primary residences, senior citizen exemptions, veteran exemptions, and disability exemptions. Exemption amounts and eligibility requirements vary by county. Contact your local appraisal district or check Ownwell for details specific to your property.

When are property taxes due in Chester, New Jersey?

Property tax deadlines in Chester, New Jersey vary by county but typically include an assessment notice period in spring or early summer, followed by an appeal deadline, and a tax payment due date in the fall or winter. Check with your county assessor's office for specific dates in your area.

How can Ownwell help reduce my property taxes in Chester, New Jersey?

Ownwell provides professional property tax appeal services in Chester, New Jersey. Our team analyzes your assessment, gathers evidence, files all paperwork, and represents you at hearings — all with no upfront cost. You only pay a percentage of your savings if we successfully lower your tax bill.