Property Taxes in Montclair, New Jersey
Median Montclair, New Jersey effective property tax rate: 5.79%, 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: $212,600
Median annual Montclair, New Jersey tax bill: $12,206, $9,806 higher than the national median property tax bill of $2,400.
How are property taxes in Passaic 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
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 5.79% — based on actual property records in Passaic 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.
Montclair's median property tax bill is $12,206, which is $9,806 higher than the New Jersey median property tax bill and above the national median property tax rate of 1.02% and national median property tax bill of $2,400.
Your bill may vary by ZIP code within Montclair: rates range from 5.79% in 07043 to 5.79% 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, Passaic, New Jersey
Montclair's median effective property tax rate of 5.79% is higher than the New Jersey state median of 2.88% and higher than the national median of 1.02%. This rate reflects the Passaic 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 07043 ZIP code carry a median effective rate of 5.79%, while those in the lowest ZIP also pay 5.79%. This spread reflects how school district boundaries and local assessment districts are drawn across Passaic 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, Passaic 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
5.79%
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 Passaic County Tax Rate
4.90%
Median Effective New Jersey Tax Rate
2.88%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Montclair, Passaic County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07043 | 5.69% | 5.79% | 5.79% | 5.79% | 5.79% |
Source: Ownwell
Property Tax Assessment Values Across Montclair, Passaic 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 Passaic 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 Passaic 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 Montclair, the median home price is $212,600, and the median tax bill is $12,206, well above the national median property tax bill of $2,400 and national median property tax rate of 1.02%.
Property Tax Assessment Values Across Montclair, Passaic County, New Jersey
Source: Ownwell
$158,100
$271,100
$384,100
Median Montclair Market Value
$212,600
Median Passaic County Market Value
$228,800
Median New Jersey Market Value
$288,200
Median United States Market Value
$274,101
Property Tax Assessment Values Across Montclair, Passaic County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07043 | $170,780 | $196,400 | $212,600 | $237,100 | $292,860 |
Source: Ownwell
Property Tax Bills Across Montclair, Passaic County, New Jersey
Montclair property tax bills are based on the assessed value of a home and the local tax rate set by the city, county, schools, and other taxing authorities. The bill is determined by multiplying the assessed value by the applicable rate, so changes in either the home’s value or the tax rate can affect what a homeowner owes.
For homeowners in Montclair, the median home price is $212,600, and the median tax bill in the area is $12,206 in ZIP code 07043. That is far above the national median property tax bill of $2,400 and reflects how local assessments can create a much heavier tax burden.
Property tax bills can vary widely depending on the home’s assessed value and where it is located within the city. In Montclair, the 25th percentile tax bill is $11,309, while the 75th percentile is $13,575 and the 90th percentile reaches $16,125. For many homeowners, this means property taxes are one of the largest ongoing costs of owning a home.
Median Montclair Tax Bill
$12,206
Median Passaic County Tax Bill
$10,419
Median New Jersey Tax Bill
$8,638
Median United States Tax Bill
$3,209
Property Tax Bills Across Montclair, Passaic County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07043 | $9,895 | $11,309 | $12,206 | $13,575 | $16,125 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 1 |
Links | |
|---|---|
| Passaic Tax Assessor | |
| Website | www.taxdatahub.com |