Real Estate & Taxes in Tenafly
Median Home Price
$1,050,000
Property Tax Rate
2.60%
Avg. Annual Property Tax
$21,000
Assessment Information
Properties are assessed by the Borough Tax Assessor. Bergen County conducts periodic reassessments to ensure equitable valuation.
Recent Trends
Tenafly's housing market has been robust with strong demand driven by its school reputation and NYC accessibility. Bidding wars are common for well-maintained homes in prime locations. The east hill area commands the highest prices.
Neighborhood Notes
- ●East Hill is the most prestigious area with larger homes and panoramic views toward the Palisades
- ●The downtown/Washington Street area offers walkability and convenience
- ●West Tenafly near the Cresskill border has a mix of colonials and split-levels
- ●The area near Palisades Interstate Park is prized for nature access
- ●North Tenafly near Alpine border features some of the most expensive properties
Data reflects estimates as of 2024. Verify with local tax assessor.