Longport, Atlantic County, New Jersey Property Taxes
Median Longport, NJ effective property tax rate: 1.01%, slightly lower than the national median of 1.02%, but significantly lower than the New Jersey state median of 2.82%.
Median Longport, NJ home value: $610,000
Median annual Longport, NJ tax bill: $6,418, $4,018 higher than the national median property tax bill of $2,400.
How are property taxes in Atlantic County calculated?
Property taxes in Longport, 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 Longport’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Longport, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Longport, Atlantic County, New Jersey Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.01%
Estimate Property Tax Bill
$6,161
$5,717
Property Tax Rates Across Longport, Atlantic County, New Jersey
Local government entities set tax rates, which can vary widely within a state. Why? Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Longport’s effective property tax rate to other cities in New Jersey and the median property tax rates in New Jersey and the U.S.
Longport, located in Atlantic County, demonstrates a property tax rate that aligns closely with the state median. New Jersey's median property tax rate stands at 1.01%, which is slightly below the national median of 1.02%. This makes Longport's tax rate competitive when compared to other regions. Additionally, the median property tax bill in New Jersey is notably higher than the national median of $2,400, reflecting the state's higher assessed property values. For homeowners in Longport, understanding these rates is crucial for financial planning and potential savings through property tax appeals or exemptions. By staying informed, property owners can ensure they are not overpaying and can take advantage of any available tax relief options.
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 Longport Tax Rate
1.01%
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 Atlantic County Tax Rate
3.23%
Median Effective New Jersey Tax Rate
2.82%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Longport, Atlantic County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08403 | 1.01% | 1.01% | 1.01% | 1.01% | 3.33% |
Source: Ownwell
Property Tax Assessment Values Across Longport, Atlantic County, New Jersey
When examining property taxes in Longport, 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 Board of Taxation 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 April. 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 Longport. For example, the median home price in Longport is $610,000, with tax bills ranging significantly across the county. Zip code 08403 has the highest median home price at $610,000.
Property Tax Assessment Values Across Longport, Atlantic County, New Jersey
Source: Ownwell
$104,600
$357,300
$610,000
Median Longport Market Value
$610,000
Median Atlantic County Market Value
$186,700
Median New Jersey Market Value
$282,900
Median United States Market Value
$235,294
Property Tax Assessment Values Across Longport, Atlantic County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08403 | $47,000 | $393,625 | $610,000 | $1,086,225 | $2,181,750 |
Source: Ownwell
Property Tax Bills Across Longport, Atlantic County, New Jersey
Median Longport Tax Bill
$6,418
Median Atlantic County Tax Bill
$5,716
Median New Jersey Tax Bill
$8,227
Median United States Tax Bill
$2,400
Property Tax Bills Across Longport, Atlantic County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08403 | $1,567 | $3,988 | $6,418 | $12,736 | $24,346 |
Source: Ownwell