I'll be completely straight with you, because this is the number that surprises people most. Montgomery has the highest property taxes in Somerset County, and among the higher bills in the entire state.
The effective rate runs around 2.18%, and the average bill lands near $15,000 to $17,000 a year, with luxury and new-construction homes pushing $22,000 and up. On Staten Island, a similar-value home runs a fraction of that. There's no soft-pedaling it, the tax is a serious line item here.
But here's exactly where it goes: roughly 70% of the bill funds the schools, which are the entire reason most families choose Montgomery. You're not paying a premium for nothing, you're funding one of the best districts in New Jersey, directly. Whether that's worth it is the honest question, and for the buyers who move here, the answer is yes.
What I do about it: before you fall for a house, I run the real settled tax number, not the listing's placeholder, especially critical on new construction, where the "TBD" tax can land far above the raw-land figure once the home is assessed. No surprises at closing.