Audubon, Camden County, New Jersey Property Taxes
Median Audubon, NJ effective property tax rate: 3.18%, significantly higher than the national median of 1.02%, but lower than the New Jersey state median of 2.82%.
Median Audubon, NJ home value: $243,742
Median annual Audubon, NJ tax bill: $7,751, $5,351 higher than the national median property tax bill of $2,400.
How are property taxes in Camden calculated?
Property taxes in Audubon, 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 Audubon’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Audubon, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Audubon, Camden County, New Jersey Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.18%
Estimate Property Tax Bill
$7,751
$7,193
Property Tax Rates Across Audubon, Camden County, New Jersey
Local government entities are responsible for setting property tax rates, which can differ significantly across a state. Each year, counties like Camden estimate the budget they need to provide essential services. They then divide this budget by the total value of all taxable properties within their jurisdiction, resulting in the property tax rate. This process, although influenced by votes and laws, essentially determines the annual tax rate.
In Audubon, within Camden County, the effective property tax rate stands at 3.18%, which is notably higher than the national median rate of 1.02%. This higher rate reflects the local government's approach to funding services and infrastructure. When compared to other cities in New Jersey, Audubon’s rate is among the highest in the state. This disparity highlights the varying fiscal needs and property values across different regions. Understanding these differences can help property owners make informed decisions about their investments and potential tax liabilities.
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 Audubon Tax Rate
3.18%
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 Camden County Tax Rate
3.17%
Median Effective New Jersey Tax Rate
2.82%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Audubon, Camden County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08106 | 3.18% | 3.18% | 3.18% | 3.18% | 3.18% |
Source: Ownwell
Property Tax Assessment Values Across Audubon, Camden County, New Jersey
When examining property taxes in Audubon, 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 Camden 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 Camden 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 Audubon. For example, the median home price in Audubon is $243,742, with tax bills ranging significantly across the county. Zip code 08106 has the highest median home price at $243,742.
Property Tax Assessment Values Across Audubon, Camden County, New Jersey
Source: Ownwell
$54,570
$257,531
$460,492
Median Audubon Market Value
$243,742
Median Camden County Market Value
$216,803
Median New Jersey Market Value
$282,900
Median United States Market Value
$235,294
Property Tax Assessment Values Across Audubon, Camden County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08106 | $187,239 | $218,006 | $243,742 | $274,632 | $309,178 |
Source: Ownwell
Property Tax Bills Across Audubon, Camden County, New Jersey
Median Audubon Tax Bill
$7,751
Median Camden County Tax Bill
$7,089
Median New Jersey Tax Bill
$8,227
Median United States Tax Bill
$2,400
Property Tax Bills Across Audubon, Camden County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08106 | $5,956 | $6,935 | $7,751 | $8,735 | $9,828 |
Source: Ownwell