Chesterfield, Burlington County, New Jersey Property Taxes
Median Chesterfield, NJ effective property tax rate: 3.14%, significantly higher than the national median of 1.02%, but lower than the New Jersey state median of 2.82%.
Median Chesterfield, NJ home value: $407,200
Median annual Chesterfield, NJ tax bill: $12,800, $10,400 higher than the national median property tax bill of $2,400.
How are property taxes in Burlington calculated?
Property taxes in Chesterfield, 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 Chesterfield’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Chesterfield, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Chesterfield, Burlington County, New Jersey Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.14%
Estimate Property Tax Bill
$12,786
$11,865
Property Tax Rates Across Chesterfield, Burlington County, New Jersey
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 Chesterfield Tax Rate
3.14%
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
3.07%
Median Effective New Jersey Tax Rate
2.82%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Chesterfield, Burlington County, New Jersey
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
08515 | 3.14% | 3.14% | 3.14% | 3.14% | 3.14% |
Source: Ownwell
Property Tax Assessment Values Across Chesterfield, Burlington County, New Jersey
Property Tax Assessment Values Across Chesterfield, Burlington County, New Jersey
Source: Ownwell

$151,800
$279,500
$407,200
Median Chesterfield Market Value
$407,200
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 Chesterfield, Burlington County, New Jersey
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
08515 | $255,000 | $323,400 | $407,200 | $469,100 | $515,900 |
Source: Ownwell
Property Tax Bills Across Chesterfield, Burlington County, New Jersey
In Chesterfield, NJ, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is a percentage of the market value, which can fluctuate based on real estate trends and local government assessments. Chesterfield's property tax rates are significantly higher than the national median of 1.02%, with many homeowners facing substantial tax burdens. For instance, the median home price of $407,200 can lead to a tax bill ranging from $10,142 at the 25th percentile to $16,206 at the 90th percentile. These figures highlight the considerable financial impact on homeowners, especially when compared to the national median property tax bill of $2,400.
Ownwell offers valuable assistance in navigating these high tax rates by providing property tax appeal and exemption services. By identifying discrepancies in assessments and ensuring all eligible exemptions are applied, Ownwell helps homeowners potentially reduce their tax bills. This service not only alleviates financial strain but also ensures homeowners pay only their fair share.
Property Tax Bills Across Chesterfield, Burlington County, New Jersey
Source: Ownwell

$2,983
$7,892
$12,800
Median Chesterfield Tax Bill
$12,800
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 Chesterfield, Burlington County, New Jersey
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
08515 | $7,950 | $10,142 | $12,800 | $14,712 | $16,206 |
Source: Ownwell