Ridgefield, Bergen County, New Jersey Property Taxes
Median Ridgefield, NJ effective property tax rate: 1.70%, significantly higher than the national median of 1.02%, but lower than the New Jersey state median of 2.82%.
Median Ridgefield, NJ home value: $560,950
Median annual Ridgefield, NJ tax bill: $9,533, $7,133 higher than the national median property tax bill of $2,400.
How are property taxes in Bergen County calculated?
Property taxes in Ridgefield, 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 Ridgefield’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Ridgefield, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Ridgefield, Bergen County, New Jersey Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.7%
Estimate Property Tax Bill
$9,536
$8,849
Property Tax Rates Across Ridgefield, Bergen County, New Jersey
Local government entities determine property tax rates, which can differ significantly within a state. This variation arises because each county annually estimates its budget needs for public services and divides that by the total value of all taxable property within the county. This calculation results in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is essentially the process followed each year.
In Ridgefield, Bergen County, NJ, the effective property tax rate stands at 1.70%. This is notably higher than the national median property tax rate of 1.02%. Ridgefield's rate is consistent with the highest and lowest rates found in the area, reflecting a uniformity in property tax assessments within this part of New Jersey. When compared to the national median property tax bill of $2400, Ridgefield's rate indicates a higher tax burden for property owners. This comparison highlights the importance of understanding local property tax rates and their impact on homeowners. Ridgefield's property tax rate offers a unique perspective on how local budgeting priorities influence property tax obligations.
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 Ridgefield Tax Rate
1.70%
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 Ridgefield, Bergen County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07657 | 1.69% | 1.69% | 1.70% | 1.70% | 1.70% |
Source: Ownwell
Property Tax Assessment Values Across Ridgefield, Bergen County, New Jersey
When examining property taxes in Ridgefield, 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.
Assessment notices: In Bergen County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Ridgefield. For example, the median home price in Ridgefield is $560,950, with tax bills ranging significantly across the county. 07657 has the highest median home price at $560,950.
Property Tax Assessment Values Across Ridgefield, Bergen County, New Jersey
Source: Ownwell
$256,600
$1,236,600
$2,216,600
Median Ridgefield Market Value
$560,950
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 Ridgefield, Bergen County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07657 | $418,740 | $479,300 | $560,950 | $709,500 | $927,520 |
Source: Ownwell
Property Tax Bills Across Ridgefield, Bergen County, New Jersey
Median Ridgefield Tax Bill
$9,533
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 Ridgefield, Bergen County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07657 | $7,092 | $8,125 | $9,533 | $12,026 | $15,721 |
Source: Ownwell