Saddle River, Bergen County, New Jersey Property Taxes

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

Median Saddle River, NJ effective property tax rate: 0.99%, slightly lower than the national median of 1.02%, but significantly lower than the New Jersey state median of 2.82%.
Median Saddle River, NJ home value: $1,454,050
Median annual Saddle River, NJ tax bill: $15,035, $12,635 higher than the national median property tax bill of $2,400.

How are property taxes in Bergen calculated?

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

Last Updated March 1, 2025

Saddle River, Bergen County, New Jersey Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.99%

Estimate Property Tax Bill

$14,395

$13,358

Ownwell’s Saddle River Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Saddle River with just two data points. By entering your property's estimated assessed value, our calculator applies Saddle River’s 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 Saddle River, Bergen County, New Jersey

Local government entities set tax rates, and these can vary widely within a state. The process involves each county estimating its required budget to provide essential services and dividing that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.

Saddle River in Bergen County, New Jersey, offers an interesting case study. Its effective property tax rate is 0.99%, which is slightly below the national median of 1.02%. This rate reflects the county's budgetary needs divided by its total assessed property value. Such a rate can have significant implications for homeowners, potentially resulting in lower property tax bills compared to the national median, which stands at $2,400. This comparison highlights the importance of understanding local tax rates, as they directly influence the affordability and desirability of living in specific regions. By staying informed, property owners can better navigate the complexities of property taxation and make more informed financial decisions.

Property Tax Rates Across Saddle River, 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 Saddle River Tax Rate

0.99%

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 Saddle River, Bergen County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
07458	0.99%	0.99%	0.99%	0.99%	2.47%

Source: Ownwell

Property Tax Assessment Values Across Saddle River, Bergen County, New Jersey

When examining property taxes in Saddle River, 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 Saddle River.

For example, the median home price in Saddle River is $1,454,050, with tax bills ranging significantly across the county. Zip code 07458 has the highest median home price at $1,454,050.

Property Tax Assessment Values Across Saddle River, Bergen County, New Jersey

Source: Ownwell

$256,600

$1,236,600

$2,216,600

Median Saddle River Market Value

$1,454,050

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 Saddle River, Bergen County, New Jersey

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
07458	$158,000	$785,750	$1,454,050	$2,209,425	$3,200,600

Source: Ownwell

Property Tax Bills Across Saddle River, Bergen County, New Jersey

In Saddle River, NJ, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The tax rate is applied to this assessed value to determine the tax bill, which can vary significantly depending on the property's value and location within Bergen County. For instance, Saddle River boasts a high median property tax bill of $15,035, which is considerably above the national median of $2,400. Factors influencing the tax bill include the market value of the home, any applicable exemptions, and the local tax rate. Homeowners in Saddle River experience higher tax burdens, with bills ranging from $9,534 at the 25th percentile to $32,196 at the 90th percentile. Ownwell assists homeowners in reducing their property tax bills by identifying potential errors in assessment and uncovering opportunities for exemptions or appeals. By leveraging their expertise, homeowners can potentially save thousands on their tax bills, ensuring they only pay their fair share.

Property Tax Bills Across Saddle River, Bergen County, New Jersey

Source: Ownwell

$4,393

$11,280

$18,167

Median Saddle River Tax Bill

$15,035

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 Saddle River, Bergen County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
07458	$3,907	$9,534	$15,035	$22,654	$32,196

Source: Ownwell