Egg Harbor Twp, Atlantic County, New Jersey Property Taxes

Name: Property Tax Bills Across Egg Harbor Twp, Atlantic County, New Jersey
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Egg Harbor Twp, NJ effective property tax rate: 3.35%, significantly higher than the national median of 1.02%, and higher than the New Jersey state median of 2.88%.
Median Egg Harbor Twp, NJ home value: $138,900
Median annual Egg Harbor Twp, NJ tax bill: $4,659, $2,259 higher than the national median property tax bill of $2,400.

How are property taxes in Atlantic County calculated?

Property taxes in Egg Harbor Twp, NJ are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Egg Harbor Twp's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Egg Harbor Twp, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Egg Harbor Twp, Atlantic County, New Jersey Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

3.35%

Estimate Property Tax Bill

$4,653

$4,318

Ownwell’s Egg Harbor Twp Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Egg Harbor Twp with just two data points. By entering your property's estimated assessed value, our calculator applies Egg Harbor Twp’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Atlantic County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Egg Harbor Twp, Atlantic County, New Jersey

Local government entities are responsible for setting tax rates, which can significantly differ within a state. The reason for this variance lies in the annual budgeting process. Each county estimates the budget required to provide essential services and divides it by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. Although votes and legislation play a role, this is the essence of the annual procedure. Egg Harbor Township in Atlantic County, NJ, exemplifies this process. The effective property tax rate here is notably higher than the national median of 1.02%. It's also the highest within its zip code, 08234, showing a stark contrast to other regions. When compared to the median property tax rates across New Jersey and the U.S., Egg Harbor Township's rate stands out. Understanding these rates helps property owners anticipate their tax obligations and underscores the importance of appealing assessments to ensure fair taxation.

Property Tax Rates Across Egg Harbor Twp, Atlantic County, New Jersey

Source: Ownwell

1.12%

3.19%

5.26%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Egg Harbor Twp Tax Rate

3.35%

Median Effective Atlantic County Tax Rate

3.35%

Median Effective New Jersey Tax Rate

2.88%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Egg Harbor Twp, Atlantic County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
08234	3.35%	3.35%	3.35%	3.35%	3.35%
08403	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Egg Harbor Twp, Atlantic County, New Jersey

When examining property taxes in Egg Harbor Twp, NJ, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Atlantic County Assessor's Office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Atlantic County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Egg Harbor Twp. For example, the median home price in Egg Harbor Twp is $138,900, with tax bills ranging significantly across the county. Zip code 08234 has the highest median home price at $150,500.

Property Tax Assessment Values Across Egg Harbor Twp, Atlantic County, New Jersey

Source: Ownwell

$16,800

$406,900

$797,000

Median Egg Harbor Twp Market Value

$138,900

Median Atlantic County Market Value

$188,800

Median New Jersey Market Value

$288,200

Median United States Market Value

$235,294

Property Tax Assessment Values Across Egg Harbor Twp, Atlantic County, New Jersey

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
08234	$71,640	$113,800	$150,500	$229,300	$298,120
08403	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Egg Harbor Twp, Atlantic County, New Jersey

In Egg Harbor Township, Atlantic County, NJ, property tax bills are calculated based on the assessed value of a home, which is then multiplied by the local tax rate. The assessed value is determined by local assessors who evaluate the property's market value. Factors such as location, home size, and market conditions influence this value. With a median home price of $138,900, many homeowners in Egg Harbor Township face tax bills that can significantly impact their finances. The median property tax bill here is $5,048, which is considerably higher than the national median of $2,400. This can be a financial burden for homeowners, especially when compared to the national median property tax rate of 1.02%.

Ownwell helps homeowners in Egg Harbor Township by providing property tax appeal and exemption services. By analyzing property assessments and market conditions, Ownwell identifies opportunities for reducing tax bills. This personalized approach ensures homeowners pay only their fair share, potentially saving them thousands of dollars annually.

Property Tax Bills Across Egg Harbor Twp, Atlantic County, New Jersey

Source: Ownwell

$562

$5,441

$10,320

Median Egg Harbor Twp Tax Bill

$4,659

Median Atlantic County Tax Bill

$5,994

Median New Jersey Tax Bill

$8,638

Median United States Tax Bill

$2,400

Property Tax Bills Across Egg Harbor Twp, Atlantic County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
08234	$2,403	$3,817	$5,048	$7,691	$9,999
08403	N/A	N/A	N/A	N/A	N/A

Source: Ownwell