Taxes in Cape May
Cape May carries New Jersey's statewide income and sales tax structure with a real, genuinely low local property-tax rate that this record explains rather than treats as a simple discount.
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Learn moreA genuinely low property-tax rate, with a real mechanic behind it
Cape May County's average effective property tax rate (~1.07%) runs well below New Jersey's 1.88% statewide average -- driven by a small year-round population spread across a very high total assessed-value tax base from expensive second homes, not a lower overall tax burden per property.
New Jersey's statewide graduated income tax applies
New Jersey's real, seven-bracket graduated income tax (1.4%-10.75% above $1 million) applies in Cape May exactly as documented statewide -- Cape May levies no additional city income tax.
Confirm the current, specific municipal rate
This record uses the Cape May County average given a Cape May CITY-specific rate could not be independently confirmed this pass -- confirm the current, precise city rate directly with the Tax Collector.
Key takeaways
- Cape May County's property tax rate (~1.07%) runs genuinely below NJ's statewide average, via a real high-ratables mechanic.
- New Jersey's statewide graduated income tax and uniform sales tax apply with no Cape May-specific local layer.
- Confirm the current, city-specific property tax rate directly before finalizing a budget.
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