Southampton, Burlington County, New Jersey Property Taxes

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

Median SOUTHAMPTON, NJ effective property tax rate: 3.07%, significantly higher than the national median of 1.02%, but lower than the New Jersey state median of 2.82%.
Median SOUTHAMPTON, NJ home value: $153,150
Median annual SOUTHAMPTON, NJ tax bill: $4,686, $2,286 higher than the national median property tax bill of $2,400.

How are property taxes in Burlington calculated?

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

Last Updated March 1, 2025

Southampton, Burlington County, New Jersey Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

3.18%

Estimate Property Tax Bill

$4,786

$4,441

Ownwell’s Southampton Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Southampton with just two data points.

By entering your property's estimated assessed value, our calculator applies Southampton’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 Southampton, Burlington County, New Jersey

Local government entities set tax rates, which can vary widely within a state. This is 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 Southampton’s effective property tax rate to other cities in New Jersey and the median property tax rates in New Jersey and the U.S. Southampton, located in Burlington County, has a median property tax rate of 3.07%, which is significantly higher than the national median of 1.02%. This rate is reflective of the local government's budgetary requirements and the value of taxable properties within the area. While this might seem high compared to the national average, it's important to consider the quality of services and infrastructure supported by these taxes. Whether you're a homeowner or a prospective buyer, understanding these rates can help you make informed decisions about your property investments in Southampton.

Property Tax Rates Across Southampton, 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 Southampton Tax Rate

3.18%

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 Southampton, Burlington County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
08088	3.18%	3.18%	3.18%	3.18%	3.18%

Source: Ownwell

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

When examining property taxes in Southampton, 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 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 Southampton. For example, the median home price in Southampton is $153,150, with tax bills ranging significantly across the county. Zip code 08088 has the highest median home price at $153,150.

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

Source: Ownwell

$150,500

$281,600

$412,700

Median Southampton Market Value

$150,500

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 Southampton, Burlington County, New Jersey

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
08088	$90,920	$115,900	$150,500	$233,800	$322,610

Source: Ownwell

Property Tax Bills Across Southampton, Burlington County, New Jersey

In Southampton, NJ, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Homeowners in Southampton face a median property tax bill of $4,686, which is significantly higher than the national median of $2,400. This higher tax burden can be attributed to local tax rates and the assessed values of properties in the area. The tax bill can vary widely, with the 25th percentile at $3,562 and the 90th percentile reaching $10,067, reflecting the diversity in property values and local tax rates. Homeowners may find these costs burdensome, but Ownwell offers a solution. By providing expert property tax appeal services, Ownwell can help homeowners potentially reduce their tax bills. Our team analyzes the assessed value of your property and ensures it's fair, helping you save money and easing the financial strain of high property taxes.

Property Tax Bills Across Southampton, Burlington County, New Jersey

Source: Ownwell

$3,703

$8,636

$13,569

Median Southampton Tax Bill

$4,766

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 Southampton, Burlington County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
08088	$2,875	$3,679	$4,766	$7,389	$10,194

Source: Ownwell

Don't miss the deadline to appeal!

Dates
Appeal Deadline	April 1

Links