No sugarcoating: this is the biggest single adjustment in any Staten Island to New Jersey move, and Hillsborough is no exception.
Hillsborough's effective property-tax rate runs about 2.2% of market value per Ownwell's analysis, with the township reporting a 2024 rate of $2.143 per $100 of assessed value, against roughly 0.85% on Staten Island. On a $700,000 purchase, that's roughly $15,000 a year here versus about $6,000 on a comparable Island home. The township's median bill runs just under $10,000.
Where the money goes is the part worth respecting: by the township's own 2025 breakdown, 66% of the bill funds the Board of Education, 16% the county, 14% municipal services, and the rest fire and open space. You are, quite literally, buying the #74 high school in New Jersey on a subscription plan. The famous districts charge the same subscription plus a several-hundred-thousand-dollar cover charge on the house.
Mechanics to know: Hillsborough runs an annual reassessment program, so assessments track the market each year. The township notes the rate itself has actually declined since 2018 as values rose. No ambush years, just a bill that follows the market.
How we handle it: before you offer, I pull the actual current tax bill for that specific house and run your true monthly side by side against what you're leaving. The decision gets made on real numbers, not town averages.