Taxes & Insurance in Ridgewood
Ridgewood carries a real, substantial property-tax burden on top of New Jersey's statewide graduated income tax and uniform sales tax, with no coastal-insurance cost given its inland location.
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Learn moreA real, substantial property-tax bill
Ridgewood's median annual property-tax bill runs around $16,952 -- among the highest documented in this project's New Jersey Tier B roster. This record found a real, disclosed cross-source spread on the underlying RATE (2.73%-2.80%, with one tool's differing statewide-comparison basis not fully reconciled this pass) but the dollar bill figure is the more directly comparable data point.
New Jersey's statewide graduated income tax applies
New Jersey taxes income on a genuinely graduated seven-bracket schedule (1.4%-10.75% above $1 million) -- a statewide structure, not a Ridgewood-specific cost, applying identically here as documented in new-jersey.js.
No coastal-storm insurance premium applies here
Ridgewood sits well inland from the Jersey Shore, so standard homeowners insurance is not complicated by coastal-storm or hurricane-surge risk the way it is in this dataset's Shore markets -- though see the climate topic page for Ridgewood's own real, disclosed inland-flood consideration.
Key takeaways
- Ridgewood's median annual property-tax bill runs around $16,952 -- among the highest in this dataset's New Jersey roster.
- New Jersey's statewide graduated income tax (1.4%-10.75%) and 6.625% sales tax apply with no town-specific layer.
- No coastal-storm insurance premium applies given Ridgewood's inland Bergen County location.
- Confirm your specific property's current assessed value and tax bill directly with the Village of Ridgewood tax assessor.
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