Most New Jersey homeowners are used to one thing: property taxes going up. Every. Single. Year.

So when I saw this latest data, I had to double-check it.

While the average NJ property tax bill just hit a record $10,570 (up 4.7% from last year), two South Jersey towns quietly did the unthinkable…

Their taxes actually went down.

Yes, You Read That Right

In a state where rising home values usually mean bigger tax bills, seeing a decrease feels almost unheard of.

Statewide, home values jumped to an average of $405,153, up 5.8%. Normally, that pushes taxes higher across the board.

But not everywhere.

Stow Creek NJ
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Stow Creek Scored A Tax Drop

In Cumberland County, Stow Creek saw a slight drop:

-Average tax bill: $5,383
-Change: -1.64%
-Difference: -$90

It’s not massive but it’s rare enough to turn some heads.

West Cape May
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West Cape May Sees An Even Bigger Dip

Down the shore, West Cape May residents got a bit more relief:

-Average tax bill: $7,120
-Change: -2.62%
-Difference: -$191

Again, not life-changing money, but compared to most NJ towns, it’s basically a win.

Property Taxes
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So… How Does This Even Happen?

Property taxes don’t just rise or fall randomly. The averages can shift based on:

-New, lower-priced housing entering the market
-Reassessments lowering property values
-Changes in the number of taxable homes

About 52% of your tax bill goes to schools, with the rest funding roads, services, and local government.

Aerial view of traditional housing estate in England.
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The Property Tax Bottom Line

Most South Jersey homeowners are still seeing increases. That hasn’t changed.

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In a state where property taxes feel like a one-way street, this is a rare reminder:

Sometimes, just sometimes, they can go the other way.

22 NJ Towns With The Most Insane Property Tax

Property taxes; we don't want to pay them, but they do go towards making our communities better places. According to NJ.com, these 22 towns in NJ have some of the most insanely high property taxes, which will make your stomach turn

Gallery Credit: Buehler

Average New Jersey property taxes in 2025

Check to see whether your municipality's average tax bill last year went up or down. Data is from the state Department of Community Affairs. Municipalities are listed by county and alphabetically.

Gallery Credit: New Jersey 101.5

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