Commercial Township, NJ Real Estate and Homes for Sale
How much do homes cost in Commercial Township, NJ?
Over the past 12 months, 79 homes sold in Commercial Township at a median price of $195,000, and most sold between $90,000 and $260,000. The typical home went under contract in 28 days (Bright MLS, November 2025 through October 2026).
Schools
Public school students in Commercial Township attend the Commercial Township School District (pre-K through grade 8). For grades 9 through 12, students attend Millville Senior High School under a sending/receiving agreement with that district.
Test scores, enrollment, class sizes and programs for each district are in the state’s School Performance Reports (NJ Department of Education, 2023-24):
Property taxes
In 2025, the average residential property tax bill in Commercial Township was $3,010, below the Cumberland County average of $5,046.
Commercial Township assesses homes at about 78% of market value, so its 2.758% tax rate works out to an effective rate of 2.164% of what a home is worth. At that rate, a home selling at the local median price of $195,000 would pay roughly $4,220 a year, about $352 a month. The actual bill depends on the home’s assessed value.
| Municipality | Average tax bill | Tax rate | Assessed at | Effective rate |
|---|---|---|---|---|
| Commercial Township | $3,010 | 2.758% | 78% | 2.164% |
| Downe Township | $4,253 | 2.933% | 84% | 2.453% |
| Maurice River Township | $4,625 | 2.668% | 86% | 2.307% |
| Millville | $5,106 | 4.056% | 60% | 2.427% |
| Cumberland County average | $5,046 |
2025 figures. “Assessed at” is the share of market value used for assessments (effective rate divided by tax rate). Source: NJ Division of Taxation, 2025 Average Residential Statistics and 2025 General and Effective Tax Rates.
The real estate market right now
12-month snapshot (Bright MLS, Commercial Twp, closed sales November 2025 through October 2026):
- Median sale price: $195,000 (79 closed sales)
- Year over year: about flat versus a $195,000 median the prior 12 months
- Typical range: most homes sold between $90,000 and $260,000
- Median price per square foot: $173
- Median days on market: 28 days
- Sale-to-list ratio: 97.8%
- Sold over asking: 38% of sales
For county-level trends, see our Cumberland County real estate market report, updated monthly.
Commercial Township, NJ Homes For Sale Right Now
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