Total your assets and liabilities to find your net worth in New Jersey.
Net worth in New Jersey = everything you own minus everything you owe. Track it yearly to see wealth grow as debts fall and assets rise.
Net worth
Assets − liabilities
Simple total.
Yes — include the equity (value minus the mortgage), not the full market value.
Rates are approximate reference values. Local rates, exemptions and rules can differ, so treat the output as a planning figure only.