Chatsworth, Burlington County, New Jersey Property Taxes
Median Chatsworth, NJ effective property tax rate: 2.76%, significantly higher than the national median of 1.02%, but lower than the New Jersey state median of 2.82%.
Median Chatsworth, NJ home value: $254,450
Median annual Chatsworth, NJ tax bill: $6,942, $4,542 higher than the national median property tax bill of $2,400.
How are property taxes in Burlington calculated?
Property taxes in Chatsworth, 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 Chatsworth’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Chatsworth, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Chatsworth, Burlington County, New Jersey Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.81%
Estimate Property Tax Bill
$6,741
$6,256
Property Tax Rates Across Chatsworth, Burlington County, New Jersey
Local government entities determine tax rates, which can vary widely within a state. This variability arises because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual process.
Below, you can compare Chatsworth’s effective property tax rate to other cities in New Jersey and the median property tax rates in New Jersey and the U.S. Chatsworth, located in Burlington County, has an effective property tax rate of 2.76%. This rate is significantly higher than the national median property tax rate of 1.02%. When considering property tax bills, the national median is $2,400. The higher rate in Chatsworth reflects the local budgetary needs and the total value of taxable properties in the area. Understanding these rates can help property owners make informed decisions about property 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 Chatsworth Tax Rate
2.81%
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 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 Chatsworth, Burlington County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08019 | 2.68% | 2.81% | 2.81% | 2.81% | 3.03% |
Source: Ownwell
Property Tax Assessment Values Across Chatsworth, Burlington County, New Jersey
When examining property taxes in Chatsworth, New Jersey, 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 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 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 Chatsworth. For example, the median home price in Chatsworth is $254,450, with tax bills ranging significantly across the county. The 08019 zip code has the highest median home price at $254,450.
Property Tax Assessment Values Across Chatsworth, Burlington County, New Jersey
Source: Ownwell
$150,500
$281,600
$412,700
Median Chatsworth Market Value
$239,900
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 Chatsworth, Burlington County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08019 | $111,600 | $148,050 | $239,900 | $310,150 | $374,160 |
Source: Ownwell
Property Tax Bills Across Chatsworth, Burlington County, New Jersey
Property Tax Bills Across Chatsworth, Burlington County, New Jersey
Source: Ownwell
$3,703
$8,636
$13,569
Median Chatsworth Tax Bill
$6,746
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 Chatsworth, Burlington County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08019 | $2,885 | $4,218 | $6,746 | $8,650 | $10,642 |
Source: Ownwell