Property Taxes in Cookstown, New Jersey
Median Cookstown, New Jersey effective property tax rate: 2.78%, significantly higher than the national median of 1.02%, and lower than the New Jersey state median of 2.88%.
Median Cookstown, New Jersey home value: $168,500
Median annual Cookstown, New Jersey tax bill: $4,688, $2,288 higher than the national median property tax bill of $2,400.
How are property taxes in Burlington calculated?
Property taxes in Cookstown, New Jersey 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 Cookstown's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Cookstown, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Cookstown Property Tax Calculator Work?
Use this Cookstown property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Cookstown's median effective tax rate of 2.78% — based on actual property records in Burlington County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment system uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Cookstown's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Cookstown: rates are 4688 in 08511, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Cookstown.
About Cookstown Property Taxes
About Property Taxes in Cookstown, Burlington, New Jersey
Cookstown’s median effective property tax rate of 2.78% is lower than the New Jersey state median of 2.88% and higher than the national median of 1.02%. This rate reflects the Burlington County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Cookstown. Homeowners in the 08511 ZIP code carry a median effective rate of 2.78%, while those in the same ZIP also pay 2.78%. This reflects how school district boundaries and local assessment districts are drawn across Burlington County. Understanding which part of Cookstown you live in can make a meaningful difference to your annual tax bill.
Cookstown homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the April 1, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Cookstown, Burlington County, New Jersey
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because 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.
Below, you can compare Cookstown's effective property tax rate to other cities in New Jersey and the median property tax rates in New Jersey and the U.S.
Our median effective property tax rate (tax bill Ă· 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 Cookstown Tax Rate
2.78%
Our median effective property tax rate (tax bill Ă· 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
1.27%
Property Tax Rates Across Cookstown, Burlington County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08511 | 2.78% | 2.78% | 2.78% | 2.78% | 2.78% |
Source: Ownwell
Property Tax Assessment Values Across Cookstown, Burlington County, New Jersey
When examining property taxes in Cookstown, 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 tax authority 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 November.
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. For example, the median home price in Cookstown is $168,500, with tax bills ranging significantly across the county. 08511 has the highest median home price at $168,500.
Property Tax Assessment Values Across Cookstown, Burlington County, New Jersey
Source: Ownwell
$150,500
$281,600
$412,700
Median Cookstown Market Value
$168,500
Median Burlington County Market Value
$211,500
Median New Jersey Market Value
$288,200
Median United States Market Value
$274,101
Property Tax Assessment Values Across Cookstown, Burlington County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08511 | $131,880 | $152,000 | $168,500 | $212,650 | $261,220 |
Source: Ownwell
Property Tax Bills Across Cookstown, Burlington County, New Jersey
Cookstown property tax bills are determined by the assessed value of a home and the local tax rate set by Burlington County and other taxing authorities. When a property’s assessed value rises, the tax bill can increase, even if the homeowner’s income does not change. For Cookstown homeowners, the median home price is $168,500, and the median property tax bill is $4,688 in ZIP code 08511.
How much you pay depends on several factors, including the home’s assessed value, local budgets, and the mix of school, county, and municipal taxes. Compared with the national median property tax bill of $2,400, Cookstown’s median bill is significantly higher, which can make annual housing costs feel heavier for many homeowners.
Bills in the area also vary widely, with the 25th percentile at $4,229 and the 75th percentile at $5,860. That spread shows how different assessments and tax rates can affect homeowners, especially when property values change.
Property Tax Bills Across Cookstown, Burlington County, New Jersey
Source: Ownwell
$3,703
$8,636
$13,569
Median Cookstown Tax Bill
$4,688
Median Burlington County Tax Bill
$7,036
Median New Jersey Tax Bill
$8,638
Median United States Tax Bill
$3,209
Property Tax Bills Across Cookstown, Burlington County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08511 | $3,669 | $4,229 | $4,688 | $5,860 | $7,267 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | January 15 |
Links | |
|---|---|
| Burlington Tax Assessor | |
| Website | www.taxdatahub.com |