Emerson, Bergen County, New Jersey Property Taxes
Median Emerson, NJ effective property tax rate: 3.03%, significantly higher than the national median of 1.02%, but lower than the New Jersey state median of 2.82%.
Median Emerson, NJ home value: $417,200
Median annual Emerson, NJ tax bill: $12,631, $10,231 higher than the national median property tax bill of $2,400.
How are property taxes in Bergen calculated?
Property taxes in Emerson, 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 Emerson’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Emerson, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Emerson, Bergen County, New Jersey Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.03%
Estimate Property Tax Bill
$12,641
$11,731
Property Tax Rates Across Emerson, Bergen County, New Jersey
Local government entities determine tax rates, which can vary significantly within a state. This variation is due to the fact that each county annually estimates its budget needs to provide essential services and divides this by the total assessed value of all taxable property in its area. This calculation establishes the property tax rate. Although votes and regulations play a role in setting these rates and budgets, this is essentially the yearly process.
In Emerson, located in Bergen County, New Jersey, the effective property tax rate is notably higher than both the state and national averages. With a median property tax rate of 3.03%, Emerson stands out against New Jersey's overall median rate and the national median of 1.02%. This means homeowners in Emerson face a higher property tax burden compared to many other regions across the United States. For residents, understanding these rates is crucial as they directly impact the annual property tax bills, which are considerably above the national median of $2,400. By being informed, property owners in Emerson can better navigate their financial responsibilities and explore potential avenues for property tax appeals or exemptions.
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 Emerson Tax Rate
3.03%
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 Bergen County Tax Rate
2.73%
Median Effective New Jersey Tax Rate
2.82%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Emerson, Bergen County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07630 | 3.03% | 3.03% | 3.03% | 3.03% | 3.03% |
Source: Ownwell
Property Tax Assessment Values Across Emerson, Bergen County, New Jersey
When examining property taxes in Emerson, 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 Bergen 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.
In Bergen 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 Emerson. For example, the median home price in Emerson is $417,200, with tax bills ranging significantly across the county. Zip code 07630 has the highest median home price at $417,200.
Property Tax Assessment Values Across Emerson, Bergen County, New Jersey
Source: Ownwell
$256,600
$1,236,600
$2,216,600
Median Emerson Market Value
$417,200
Median Bergen County Market Value
$421,800
Median New Jersey Market Value
$282,900
Median United States Market Value
$235,294
Property Tax Assessment Values Across Emerson, Bergen County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07630 | $319,300 | $362,500 | $417,200 | $496,100 | $610,500 |
Source: Ownwell
Property Tax Bills Across Emerson, Bergen County, New Jersey
Median Emerson Tax Bill
$12,631
Median Bergen County Tax Bill
$11,253
Median New Jersey Tax Bill
$8,227
Median United States Tax Bill
$2,400
Property Tax Bills Across Emerson, Bergen County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07630 | $9,635 | $10,957 | $12,631 | $14,991 | $18,487 |
Source: Ownwell