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2025 general tax rate · Bergen County, NJ
Paramus property tax rate
Paramus's 2025 general tax rate is $1.499 per $100 of assessed value. A property assessed at $300,000 owes $4,497.00 for the year. That ranks 510th highest of New Jersey's 564 municipalities, among the lowest tenth, $1.460 per $100 below the $2.960 per $100 state median.
- 1General tax rate $1.499 per $100
- 2Bill on $300,000 assessed $4,497.00
Your Paramus tax bill
The bill before exemptions and credits. Compare every New Jersey rate.
General rate and effective rate in Paramus
New Jersey publishes two rates for every municipality. The general tax rate, $1.499 per $100 in Paramus, is the one applied to the assessed value on the bill: $300,000 assessed owes $4,497.00. The effective tax rate, $1.434 per $100, is "the general property tax adjusted by the municipality's equalization ratio", the rate on market value. Dividing one by the other puts Paramus's assessments at about 95.66% of market value; the state median is 70.02%.
The effective rate is the fairer comparison between towns. On it Paramus ranks 497th of 564, against 510th on the general rate, and sits $0.710 below the $2.140 median effective rate. At 95.66%, a $300,000 assessment corresponds to roughly $313,611 of market value.
Paramus's rate in 2024 and 2025
The general tax rate fell $0.010 per $100 (0.99%) from $1.514 per $100 in 2024, and the same $300,000 assessment owes $45.00 less than at last year's rate. In 2024 Paramus ranked 513th. The effective rate went from $1.481 to $1.434 per $100 (down 3.17%), and the implied ratio from 97.82% to 95.66%: market values rose faster than assessments.
Tax on common assessed values in Paramus
| Assessed value | 2025 bill | At the 2024 rate | Versus NJ median rate |
|---|---|---|---|
| $200,000 | $2,998.00 | $3,028.00 | −$2,922.00 |
| $300,000 | $4,497.00 | $4,542.00 | −$4,383.00 |
| $400,000 | $5,996.00 | $6,056.00 | −$5,844.00 |
| $500,000 | $7,495.00 | $7,570.00 | −$7,305.00 |
| $750,000 | $11,242.50 | $11,355.00 | −$10,957.50 |
Each bill is the assessed value divided by 100 and multiplied by $1.499, before exemptions, credits or special charges. These are assessed values, not sale prices: at 95.66% the $300,000 row is a property worth about $313,611. The last column is the difference from the same assessment at the $2.960 per $100 state median.
How Paramus compares in Bergen County and New Jersey
Among the 70 municipalities in Bergen County, Paramus ranks 64th highest; the county median is $2.360 per $100, so Paramus sits $0.860 per $100 below it. The next higher rate in the county is East Rutherford at $1.609, and the next lower is Palisades Park at $1.463. Statewide, 9% of municipalities have a lower general tax rate than Paramus.
Outside Bergen County, the closest rates are Long Branch ($1.500, Monmouth), Oceanport ($1.475, Monmouth), Atlantic Highlands ($1.530, Monmouth), Holmdel Township ($1.539, Monmouth). Because towns assess at different shares of market value, the effective rate is the better guide to what a house of a given price pays.
Appealing a Paramus assessment
New Jersey appeals go to the Bergen County Board of Taxation. The petition is due April 1, or May 1 in a year when Paramus implemented a municipal-wide revaluation or reassessment (NJ Division of Taxation). Property assessed above $1,000,000 may go directly to the Tax Court, and a County Board judgment can be appealed to the Tax Court within 45 days. The Board tests the assessment against the common level range: the average ratio plus or minus 15%. Using the 95.66% ratio implied by the state's two rates, that range runs from about 81.31% to 110.01% of market value; the Director's official average ratio for Paramus, which the County Board applies, can differ slightly.
The New Jersey appeal page sets out each step with its source and the ratio arithmetic. This is a summary of the published procedure, not legal advice.
Paramus property tax questions
What is the property tax rate in Paramus, NJ?
Paramus's 2025 general tax rate is $1.499 per $100 of assessed value; its effective rate, on market value, is $1.434 per $100. Source: New Jersey Division of Taxation.
How much is the property tax on a $300,000 assessment in Paramus?
$300,000 ÷ 100 × $1.499 = $4,497.00 a year, before exemptions and credits. At the 2024 rate the same assessment owed $4,542.00.
Is Paramus's tax rate high for New Jersey?
It ranks 510th highest of 564, among the lowest tenth of New Jersey municipalities; the median is $2.960 per $100. On the effective rate, which allows for different assessment levels, it ranks 497th.
How do I appeal a Paramus property assessment?
Petition to the County Board of Taxation: by April 1 (May 1 after a municipal-wide revaluation) (NJ Division of Taxation; Guide to Tax Appeal Hearings). Then: county board hearing and judgment (Set by the County Board); appeal to the tax court (Within 45 days of the County Board's judgment).
Source: New Jersey Division of Taxation, 2025 General Tax Rates (general and effective tax rates by county and municipality); prior year from the 2024 General Tax Rates. Appeal steps: NJ Division of Taxation, Assessment and Appeals (updated August 15, 2025); NJ Division of Taxation, A Guide to Tax Appeal Hearings (revised 2022). Last checked October 21, 2026. This page explains published figures; it is not tax or legal advice.