Bordentown Township, Burlington County, New Jersey Property Taxes

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

Median Bordentown Township, NJ effective property tax rate: 3.49%, significantly higher than the national median of 1.02%, but lower than the New Jersey state median of 2.82%.
Median Bordentown Township, NJ home value: $260,600
Median annual Bordentown Township, NJ tax bill: $9,100, $6,700 higher than the national median property tax bill of $2,400.

How are property taxes in Burlington County calculated?

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

Last Updated March 1, 2025

Bordentown Township, Burlington County, New Jersey Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

3.5%

Estimate Property Tax Bill

$8,512

$7,899

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

Local government entities in New Jersey set property tax rates, which can vary significantly across the state. Each year, Burlington County estimates its required budget to provide essential services and divides that by the total value of all taxable properties within its jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting these rates and budgets, this process is essentially how it's done annually. Bordentown Township, located in Burlington County, has an effective property tax rate of 3.49%, which is notably higher than the national median property tax rate of 1.02%. This means the residents in Bordentown Township pay a considerably higher property tax bill compared to the national median bill of $2,400. In contrast, the property tax rates in Bordentown Township are consistent across the board, with the highest and lowest rates both at 3.49%. This level of uniformity in tax rates reflects the standardized approach within this region.

Property Tax Rates Across Bordentown Township, Burlington County, New Jersey

Source: Ownwell

1.66%

2.97%

4.29%

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 Township Tax Rate

3.50%

Median Effective Burlington County Tax Rate

3.21%

Median Effective New Jersey Tax Rate

2.88%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Bordentown Township, Burlington County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
08620	3.50%	3.50%	3.50%	3.50%	3.50%

Source: Ownwell

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

When examining property taxes in Bordentown Township, 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:

In Burlington 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 Bordentown Township.

For example, the median home price in Bordentown Township is $260,600, with tax bills ranging significantly across the county. 08620 has the highest median home price at $260,600.

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

Source: Ownwell

$150,500

$281,600

$412,700

Median Bordentown Township Market Value

$243,200

Median Burlington County Market Value

$211,500

Median New Jersey Market Value

$288,200

Median United States Market Value

$235,294

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

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
08620	$213,540	$229,800	$243,200	$279,050	$292,980

Source: Ownwell

Property Tax Bills Across Bordentown Township, Burlington County, New Jersey

In Bordentown Township, NJ, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. With a median home price of $260,600, homeowners in Bordentown Township face a median property tax bill significantly higher than the national median of $2,400, with amounts ranging from $8,259 at the 25th percentile to $10,306 at the 90th percentile. These high property taxes can place a substantial financial burden on homeowners, impacting their overall affordability and financial planning.

Ownwell offers a solution by providing property tax appeal and exemption services that can help homeowners potentially lower their tax bills. By analyzing property assessments and identifying discrepancies, Ownwell assists homeowners in navigating the appeal process, ensuring they pay only their fair share. This can lead to significant savings and financial relief, making homeownership more manageable in Bordentown Township.

Property Tax Bills Across Bordentown Township, Burlington County, New Jersey

Source: Ownwell

$3,703

$8,636

$13,569

Median Bordentown Township Tax Bill

$8,505

Median Burlington County Tax Bill

$7,036

Median New Jersey Tax Bill

$8,638

Median United States Tax Bill

$2,400

Property Tax Bills Across Bordentown Township, Burlington County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
08620	$7,467	$8,036	$8,505	$9,704	$10,246

Source: Ownwell