Bordentown, Burlington County, New Jersey Property Taxes

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

Median Bordentown, NJ effective property tax rate: 3.40%, significantly higher than the national median of 1.02%, but lower than the New Jersey state median of 2.82%.
Median Bordentown, NJ home value: $224,200
Median annual Bordentown, NJ tax bill: $7,213, $4,813 higher than the national median property tax bill of $2,400.

How are property taxes in Burlington calculated?

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

Last Updated March 1, 2025

Bordentown, Burlington County, New Jersey Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

3.4%

Estimate Property Tax Bill

$7,623

$7,074

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

Property Tax Rates Across Bordentown, Burlington County, New Jersey

Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

Bordentown in Burlington County, New Jersey, has an effective property tax rate of 3.40%, which is significantly higher than the national median property tax rate of 1.02%. This makes it one of the highest in the nation. With a property tax bill that far exceeds the national median of $2,400, residents of Bordentown face a substantial financial obligation. Despite the higher rates, property owners can potentially benefit from appealing their property tax assessments or seeking exemptions, which can lead to savings. Comparing Bordentown’s effective property tax rate to other cities in New Jersey and the median property tax rates in the state and the U.S. provides insight into how local tax burdens can vary significantly. Understanding these differences can be crucial for homeowners seeking to manage their property tax liabilities effectively.

Property Tax Rates Across Bordentown, Burlington County, New Jersey

Source: Ownwell

1.28%

2.71%

4.13%

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 Bordentown Tax Rate

3.40%

Median Effective Burlington County Tax Rate

3.07%

Median Effective New Jersey Tax Rate

2.82%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Bordentown, Burlington County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
08505	2.61%	3.30%	3.40%	3.41%	3.45%

Source: Ownwell

Property Tax Assessment Values Across Bordentown, Burlington County, New Jersey

When examining property taxes in Bordentown, 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 Burlington County Tax Assessor 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: Burlington County sends assessment notices 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 Bordentown. For example, the median home price in Bordentown is $224,200, with tax bills ranging significantly across the county. Zip code 08505 has the highest median home price at $224,200.

Property Tax Assessment Values Across Bordentown, Burlington County, New Jersey

Source: Ownwell

$151,800

$279,500

$407,200

Median Bordentown Market Value

$224,200

Median Burlington County Market Value

$210,600

Median New Jersey Market Value

$282,900

Median United States Market Value

$235,294

Property Tax Assessment Values Across Bordentown, Burlington County, New Jersey

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
08505	$158,500	$181,900	$224,200	$290,000	$364,000

Source: Ownwell

Property Tax Bills Across Bordentown, Burlington County, New Jersey

In Bordentown, NJ, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the property's market value, and the local tax rate is set by various taxing authorities to fund services like schools and infrastructure. With Bordentown's median home price at $224,200, homeowners often face higher tax bills compared to the national median property tax bill of $2,400. In fact, the median tax bill in Bordentown is $7,213, significantly above the national average. This can be a financial burden for homeowners, especially when the tax bill at the 90th percentile reaches $11,446. Ownwell can help homeowners in Bordentown by providing expert property tax appeal services. By analyzing market data and property assessments, Ownwell identifies opportunities to reduce assessed values, potentially lowering tax bills. This service not only saves money but also ensures homeowners are not overpaying on their property taxes.

Property Tax Bills Across Bordentown, Burlington County, New Jersey

Source: Ownwell

$2,983

$7,892

$12,800

Median Bordentown Tax Bill

$7,213

Median Burlington County Tax Bill

$6,846

Median New Jersey Tax Bill

$8,227

Median United States Tax Bill

$2,400

Property Tax Bills Across Bordentown, Burlington County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
08505	$5,261	$5,925	$7,213	$9,397	$11,446

Source: Ownwell