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2025 general tax rate · Morris County, NJ
Victory Gardens property tax rate
Victory Gardens's 2025 general tax rate is $3.538 per $100 of assessed value. A property assessed at $300,000 owes $10,614.00 for the year. That ranks 162nd highest of New Jersey's 564 municipalities, above the middle, $0.580 per $100 above the $2.960 per $100 state median.
- 1General tax rate $3.538 per $100
- 2Bill on $300,000 assessed $10,614.00
Your Victory Gardens tax bill
The bill before exemptions and credits. Compare every New Jersey rate.
General rate and effective rate in Victory Gardens
New Jersey publishes two rates for every municipality. The general tax rate, $3.538 per $100 in Victory Gardens, is the one applied to the assessed value on the bill: $300,000 assessed owes $10,614.00. The effective tax rate, $2.140 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 Victory Gardens's assessments at about 60.49% of market value, well below market value, the sign of a town that has not revalued recently; the state median is 70.02%.
The effective rate is the fairer comparison between towns. On it Victory Gardens ranks 284th of 564, against 162nd on the general rate, and sits level with the $2.140 median effective rate. At 60.49%, a $300,000 assessment corresponds to roughly $495,950 of market value.
Victory Gardens's rate in 2024 and 2025
The general tax rate rose $0.260 per $100 (7.9%) from $3.279 per $100 in 2024, and the same $300,000 assessment owes $777.00 more than at last year's rate. In 2024 Victory Gardens ranked 211th. The effective rate went from $2.203 to $2.140 per $100 (down 2.86%), and the implied ratio from 67.19% to 60.49%: market values rose faster than assessments.
Tax on common assessed values in Victory Gardens
| Assessed value | 2025 bill | At the 2024 rate | Versus NJ median rate |
|---|---|---|---|
| $200,000 | $7,076.00 | $6,558.00 | +$1,156.00 |
| $300,000 | $10,614.00 | $9,837.00 | +$1,734.00 |
| $400,000 | $14,152.00 | $13,116.00 | +$2,312.00 |
| $500,000 | $17,690.00 | $16,395.00 | +$2,890.00 |
| $750,000 | $26,535.00 | $24,592.50 | +$4,335.00 |
Each bill is the assessed value divided by 100 and multiplied by $3.538, before exemptions, credits or special charges. These are assessed values, not sale prices: at 60.49% the $300,000 row is a property worth about $495,950. The last column is the difference from the same assessment at the $2.960 per $100 state median.
How Victory Gardens compares in Morris County and New Jersey
Among the 39 municipalities in Morris County, Victory Gardens ranks 1st highest; the county median is $2.538 per $100, so Victory Gardens sits $1.000 per $100 above it. No municipality in the county has a higher rate, and the next lower is Dover at $3.490. Statewide, 71% of municipalities have a lower general tax rate than Victory Gardens.
Outside Morris County, the closest rates are Lodi ($3.540, Bergen), Allentown ($3.547, Monmouth), Hamilton Township (Atlantic County) ($3.520, Atlantic), South Toms River ($3.520, Ocean). 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 Victory Gardens assessment
New Jersey appeals go to the Morris County Board of Taxation. The petition is due April 1, or May 1 in a year when Victory Gardens 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 60.49% ratio implied by the state's two rates, that range runs from about 51.42% to 69.56% of market value; the Director's official average ratio for Victory Gardens, 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.
Victory Gardens property tax questions
What is the property tax rate in Victory Gardens, NJ?
Victory Gardens's 2025 general tax rate is $3.538 per $100 of assessed value; its effective rate, on market value, is $2.140 per $100. Source: New Jersey Division of Taxation.
How much is the property tax on a $300,000 assessment in Victory Gardens?
$300,000 ÷ 100 × $3.538 = $10,614.00 a year, before exemptions and credits. At the 2024 rate the same assessment owed $9,837.00.
Is Victory Gardens's tax rate high for New Jersey?
It ranks 162nd highest of 564, above the middle of New Jersey municipalities; the median is $2.960 per $100. On the effective rate, which allows for different assessment levels, it ranks 284th.
How do I appeal a Victory Gardens 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.