Property Taxes in Ventnor City, New Jersey
Median Ventnor City, New Jersey effective property tax rate: 2.73%, significantly lower than the national median of 1.02%, and lower than the New Jersey state median of 2.88%.
Median Ventnor City, New Jersey home value: $245,300
Median annual Ventnor City, New Jersey tax bill: $6,682, higher than the national median property tax bill of $2,400.
How are property taxes in Atlantic calculated?
Property taxes in Ventnor City, New Jersey 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 Ventnor City's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Ventnor City, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Ventnor City Property Tax Calculator Work?
Use this Ventnor City property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Ventnor City's median effective tax rate of 2.73% — based on actual property records in Atlantic County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment process uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Ventnor City's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Ventnor City’s rate is higher than the New Jersey median tax rate of 2.88%, and the typical bill is $6,682, which is $4,282 higher than the state median property tax bill. Your bill may vary by ZIP code within Ventnor City, with the highest and lowest median bill both at $6,682 in 08406.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Ventnor City.
About Ventnor City Property Taxes
About Property Taxes in Ventnor City, Atlantic, New Jersey
Ventnor City's median effective property tax rate of 2.73% is lower than the New Jersey state median of 2.88% and higher than the national median of 1.02%. This rate reflects the Atlantic County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Ventnor City. Homeowners in the 08406 ZIP code carry a median effective rate of 2.73%, while those in the same ZIP also pay 2.73%. This spread reflects how school district boundaries and local assessment districts are drawn across Atlantic County. Understanding which part of Ventnor City you live in can make a meaningful difference to your annual tax bill.
Ventnor City homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the April 1, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Ventnor City, Atlantic County, New Jersey
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, 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 Ventnor City’s effective property tax rate to other cities in New Jersey and the median property tax rates in New Jersey and the U.S.
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 Ventnor City Tax Rate
2.73%
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
3.35%
Median Effective New Jersey Tax Rate
2.88%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Ventnor City, Atlantic County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08406 | 2.73% | 2.73% | 2.73% | 2.73% | 2.73% |
Source: Ownwell
Property Tax Assessment Values Across Ventnor City, Atlantic County, New Jersey
When examining property taxes in Ventnor City, New Jersey, 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 appraisal district 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.
Assessment notices:
In Atlantic County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of January.
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 Ventnor City.
For example, the median home price in Ventnor City is $245,300, with tax bills ranging significantly across the county. 08406 has the highest median home price at $245,300.
Property Tax Assessment Values Across Ventnor City, Atlantic County, New Jersey
Source: Ownwell
$16,800
$406,900
$797,000
Median Ventnor City Market Value
$245,300
Median Atlantic County Market Value
$188,800
Median New Jersey Market Value
$288,200
Median United States Market Value
$274,101
Property Tax Assessment Values Across Ventnor City, Atlantic County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08406 | $105,480 | $178,700 | $245,300 | $363,700 | $643,940 |
Source: Ownwell
Property Tax Bills Across Ventnor City, Atlantic County, New Jersey
Property tax bills in Ventnor City are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. That means the tax bill is shaped by both the value of the home and the tax rate set by local taxing authorities.
With a median home price of $245,300, homeowners in Ventnor City often see property tax bills that are well above the national median property tax bill of $2,400. The 25th percentile tax bill is $4,873, while the 75th percentile reaches $9,877, and the 90th percentile climbs to $17,510. In zip code 08406, the median tax bill is $6,682.
These bills can have a major impact on household budgets, especially for owners of higher-value homes. Because property taxes are tied to assessed value, changes in the market can increase what homeowners owe even if they have not made any improvements to the property.
Median Ventnor City Tax Bill
$6,682
Median Atlantic County Tax Bill
$5,994
Median New Jersey Tax Bill
$8,638
Median United States Tax Bill
$3,209
Property Tax Bills Across Ventnor City, Atlantic County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08406 | $2,883 | $4,873 | $6,682 | $9,877 | $17,510 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 1 |
Links | |
|---|---|
| Atlantic Tax Assessor | |
| Website | www.taxdatahub.com |