Glen Rock, Bergen County, New Jersey Property Taxes
Median Glen Rock, NJ effective property tax rate: 3.08%, significantly higher than the national median of 1.02%, but lower than the New Jersey state median of 2.82%.
Median Glen Rock, NJ home value: $541,300
Median annual Glen Rock, NJ tax bill: $16,671, $14,271 higher than the national median property tax bill of $2,400.
How are property taxes in Bergen calculated?
Property taxes in Glen Rock, 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 Glen Rock’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Glen Rock, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Glen Rock, Bergen County, New Jersey Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.08%
Estimate Property Tax Bill
$16,672
$15,471
Property Tax Rates Across Glen Rock, Bergen County, New Jersey
Local government entities are responsible for setting property tax rates, and these can vary significantly within New Jersey. Each year, counties estimate their required budget for public services and divide that by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. While votes and legislation play a role in determining these rates and budgets, this is the core process for annual property tax assessment.
In Glen Rock, located in Bergen County, the effective property tax rate stands at 3.08%, which is notably higher than both New Jersey's state median and the national median property tax rate of 1.02%. This rate is consistent across the county, as Glen Rock shares its tax rate with the highest and lowest rates in the area, reflecting a uniformity within its jurisdiction. When compared to the national median property tax bill of $2,400, residents in Glen Rock experience a considerably higher tax burden. Understanding these figures can help property owners make informed decisions about potential tax appeals and 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 Glen Rock Tax Rate
3.08%
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 Glen Rock, Bergen County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07452 | 3.08% | 3.08% | 3.08% | 3.08% | 3.08% |
Source: Ownwell
Property Tax Assessment Values Across Glen Rock, Bergen County, New Jersey
When examining property taxes in Glen Rock, 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 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 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 Glen Rock. For example, the median home price in Glen Rock is $541,300, with tax bills ranging significantly across the county. 07452 has the highest median home price at $541,300.
Property Tax Assessment Values Across Glen Rock, Bergen County, New Jersey
Source: Ownwell
$256,600
$1,236,600
$2,216,600
Median Glen Rock Market Value
$541,300
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 Glen Rock, Bergen County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07452 | $421,700 | $469,300 | $541,300 | $645,100 | $791,940 |
Source: Ownwell
Property Tax Bills Across Glen Rock, Bergen County, New Jersey
Median Glen Rock Tax Bill
$16,671
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 Glen Rock, Bergen County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07452 | $12,992 | $14,437 | $16,671 | $19,852 | $24,387 |
Source: Ownwell