Taxes in Montclair

Montclair layers a real, genuinely severe effective property-tax rate on top of New Jersey's own already nation-leading statewide average, producing one of the highest tax bills documented in this project.

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A severely elevated effective rate by ZIP

Montclair's median effective property tax rate ran 3.38% in the 07042 ZIP and a notably higher 5.79% in the 07043 ZIP, per Ownwell -- both well above New Jersey's own 1.88% statewide average.

One of New Jersey's highest median tax bills

Montclair's median annual property tax bill (approximately $22,537 as of 2025) runs among the highest of any New Jersey Tier A market documented in this project, reflecting both the elevated rate and the town's genuinely high home values.

New Jersey's graduated state income tax applies, with no Montclair-specific add-on

New Jersey's real, genuinely graduated seven-bracket income tax (1.4% up to 10.75% above $1,000,000) applies statewide, including in Montclair, which levies no additional local earned-income tax.

Key takeaways

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Last reviewed: 2026-08-25. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.