Englewood Cliffs, Bergen County, New Jersey Property Taxes

Name: Property Tax Bills Across Englewood Cliffs, Bergen County, New Jersey
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median ENGLEWOOD CLIFFS, NJ effective property tax rate: 1.12%, significantly higher than the national median of 1.02%, but lower than the New Jersey state median of 2.82%.
Median ENGLEWOOD CLIFFS, NJ home value: $1,125,400
Median annual ENGLEWOOD CLIFFS, NJ tax bill: $12,632, $10,232 higher than the national median property tax bill of $2,400.

How are property taxes in Bergen calculated?

Property taxes in ENGLEWOOD CLIFFS, 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 ENGLEWOOD CLIFFS’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in ENGLEWOOD CLIFFS, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Englewood Cliffs, Bergen County, New Jersey Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.12%

Estimate Property Tax Bill

$12,604

$11,697

Ownwell’s Englewood Cliffs Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Englewood Cliffs with just two data points. By entering your property's estimated assessed value, our calculator applies Englewood Cliffs’ 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 Bergen County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Englewood Cliffs, Bergen County, New Jersey

Local government entities are responsible for setting tax rates, which can vary significantly within a state. This variation occurs because each county annually estimates its budgetary needs to provide essential services and then divides that budget by the total value of all taxable properties within its jurisdiction. This process determines the property tax rate. Although laws and votes play a role in setting these rates and budgets, this is essentially how it works each year. Comparing Englewood Cliffs' effective property tax rate with other cities in New Jersey and the national median illustrates how tax rates can differ. Englewood Cliffs, located in Bergen County, has a median property tax rate of 1.12%, which is higher than the national median of 1.02%. This means homeowners in Englewood Cliffs may face higher property tax bills compared to those in areas with lower tax rates. Understanding these differences can help property owners make informed decisions about their investments and financial planning.

Property Tax Rates Across Englewood Cliffs, Bergen County, New Jersey

Source: Ownwell

0.74%

2.48%

4.23%

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 Englewood Cliffs Tax Rate

1.12%

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 Englewood Cliffs, Bergen County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
07632	1.12%	1.12%	1.12%	1.12%	1.12%

Source: Ownwell

Property Tax Assessment Values Across Englewood Cliffs, Bergen County, New Jersey

When examining property taxes in Englewood Cliffs, 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 Englewood Cliffs.

For example, the median home price in Englewood Cliffs is $1,125,400, with tax bills ranging significantly across the county. Zip code 07632 has the highest median home price at $1,125,400.

Property Tax Assessment Values Across Englewood Cliffs, Bergen County, New Jersey

Source: Ownwell

$256,600

$1,236,600

$2,216,600

Median Englewood Cliffs Market Value

$1,125,400

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 Englewood Cliffs, Bergen County, New Jersey

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
07632	$763,140	$879,000	$1,125,400	$1,518,500	$2,335,740

Source: Ownwell

Property Tax Bills Across Englewood Cliffs, Bergen County, New Jersey

In Englewood Cliffs, NJ, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The tax rate is applied to this assessed value to determine the annual tax bill. With a median home price of $1,125,400 in Bergen County, homeowners in Englewood Cliffs experience tax bills that can range significantly. For instance, the 25th percentile tax bill is $9,863, while the 75th percentile reaches $17,053, and the 90th percentile is a substantial $26,192. This wide range reflects the variability in home values and tax rates in the area. Homeowners in Englewood Cliffs face a median tax bill of $12,632, which is significantly higher than the national median property tax bill of $2,400. Such high property taxes can be a financial burden for many. Ownwell assists homeowners by identifying potential savings through property tax appeals and exemptions, potentially lowering their tax bills and easing their financial burden.

Property Tax Bills Across Englewood Cliffs, Bergen County, New Jersey

Source: Ownwell

$4,393

$11,280

$18,167

Median Englewood Cliffs Tax Bill

$12,632

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 Englewood Cliffs, Bergen County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
07632	$8,570	$9,863	$12,632	$17,053	$26,192

Source: Ownwell