Pemberton, Burlington County, New Jersey Property Taxes

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

Median Pemberton, NJ effective property tax rate: 2.66%, significantly higher than the national median of 1.02%, but lower than the New Jersey state median of 2.82%.
Median Pemberton, NJ home value: $158,800
Median annual Pemberton, NJ tax bill: $4,217, $1,817 higher than the national median property tax bill of $2,400.

How are property taxes in Burlington calculated?

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

Last Updated March 1, 2025

Pemberton, Burlington County, New Jersey Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.66%

Estimate Property Tax Bill

$4,224

$3,920

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

Local government entities set tax rates, which can vary widely within a state. This is because each county annually estimates its required budget to provide essential 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.

In Pemberton, located in Burlington County, New Jersey, the effective property tax rate stands at 2.66%. This is significantly higher than the national median property tax rate of 1.02%. In fact, Pemberton's property tax rate is among the highest in the state, with both the highest and lowest median tax rates recorded at 2.66% in the same zip code, 08068. This stark contrast highlights the variability in property tax rates within New Jersey, as well as the disparity between local and national figures. Understanding these differences can be crucial for homeowners seeking to manage their property tax liabilities effectively.

Property Tax Rates Across Pemberton, 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 Pemberton Tax Rate

2.66%

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 Pemberton, Burlington County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
08068	2.54%	2.66%	2.66%	2.66%	2.66%

Source: Ownwell

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

When examining property taxes in Pemberton, 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 Board of Taxation 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 March. 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 Pemberton. For example, the median home price in Pemberton is $158,800, with tax bills ranging significantly across the county. 08068 has the highest median home price at $158,800.

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

Source: Ownwell

$151,800

$279,500

$407,200

Median Pemberton Market Value

$158,800

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 Pemberton, Burlington County, New Jersey

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
08068	$59,100	$128,300	$158,800	$216,800	$271,880

Source: Ownwell

Property Tax Bills Across Pemberton, Burlington County, New Jersey

In Pemberton, NJ, property tax bills are determined by assessing the market value of a home and applying the local tax rate. Homeowners in Burlington County face a median property tax bill of $4,217, which is significantly higher than the national median of $2,400. This difference highlights the burden on local homeowners, who must navigate a tax rate that surpasses the national median rate of 1.02%. Factors such as the home's assessed value and the local tax rate contribute to the final tax bill, impacting homeowners' financial planning and potentially affecting their ability to maintain their properties. Ownwell offers a solution by providing property tax appeal services, helping homeowners challenge their assessments to ensure they are fair and accurate. By leveraging expert knowledge and experience, Ownwell can assist homeowners in potentially reducing their tax bills, offering relief from the high property tax burden. This service can lead to significant savings, allowing homeowners to allocate resources more effectively.

Property Tax Bills Across Pemberton, Burlington County, New Jersey

Source: Ownwell

$2,983

$7,892

$12,800

Median Pemberton Tax Bill

$4,217

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 Pemberton, Burlington County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
08068	$1,573	$3,385	$4,217	$5,744	$7,213

Source: Ownwell