5 Best Places to Live in NJ With Low Taxes

3. Spring Lake Borough

Effective General Tax Rate: 0.587%

Spring Lake Borough is one of the largest locations on our list, with a population of close to three thousand people. It was incorporated in 1892 and is located on the Jersey Shore. Spring Lake often makes it on lists of best places to live in New Jersey, and its median family income is a high $150,156. The borough is a Republican stronghold and has a tropical climate. Spring Lake is known to have been the home of Jack Nicholson during his high school years.