Bellmawr, Camden County, New Jersey Property Taxes

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

Median Bellmawr, NJ effective property tax rate: 3.38%, significantly higher than the national median of 1.02%, but lower than the New Jersey state median of 2.82%.
Median Bellmawr, NJ home value: $186,039
Median annual Bellmawr, NJ tax bill: $6,279, $3,879 higher than the national median property tax bill of $2,400.

How are property taxes in Camden calculated?

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

Last Updated March 1, 2025

Bellmawr, Camden County, New Jersey Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

3.38%

Estimate Property Tax Bill

$6,288

$5,835

Ownwell’s BELLMAWR Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in BELLMAWR with just two data points. By entering your property's estimated assessed value, our calculator applies BELLMAWR’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 Camden. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Bellmawr, Camden County, New Jersey

Local government entities set tax rates, leading to significant variations within a state. This is because each county annually estimates its required budget for providing services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the core of the annual process. In Bellmawr, Camden County, New Jersey, the effective property tax rate is notably higher than the national median rate of 1.02%, reflecting the state's overall trend of elevated property taxes. Bellmawr's rate is among the highest in the region, which can significantly impact homeowners' annual property tax bills, often surpassing the national median bill of $2,400. This high rate can be attributed to the county's budgetary needs and the total assessed property values. Comparing Bellmawr's rate to other cities within New Jersey and the U.S. highlights the state's unique property tax landscape, emphasizing the importance of understanding local tax rates and their implications for homeowners.

Property Tax Rates Across Bellmawr, Camden County, New Jersey

Source: Ownwell

2.75%

3.65%

4.54%

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 Bellmawr Tax Rate

3.38%

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 Bellmawr, Camden County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
08031	3.38%	3.38%	3.38%	3.38%	3.38%
08099	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Bellmawr, Camden County, New Jersey

When examining property taxes in Bellmawr, 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 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 Camden 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 Bellmawr. For example, the median home price in Bellmawr is $186,039, with tax bills ranging significantly across the county. Zip code 08031 has the highest median home price at $186,039.

Property Tax Assessment Values Across Bellmawr, Camden County, New Jersey

Source: Ownwell

$54,570

$257,531

$460,492

Median Bellmawr Market Value

$186,039

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 Bellmawr, Camden County, New Jersey

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
08031	$145,542	$167,804	$186,039	$207,742	$232,129
08099	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Bellmawr, Camden County, New Jersey

In Bellmawr, Camden County, NJ, property tax bills are calculated based on the assessed value of a home. With a median home price of $186,039, homeowners face tax bills significantly higher than the national median. The median tax bill here is $6,279, compared to the national median of $2,400, reflecting a considerably higher tax rate in the region. Factors influencing property tax bills include the local tax rate and the assessed value of the property. For Bellmawr residents, tax bills range from $5,664 at the 25th percentile to $7,843 at the 90th percentile, highlighting the variability in tax obligations based on property value assessments. This can place a substantial financial burden on homeowners, making it essential to explore potential savings. Ownwell assists homeowners in Bellmawr by providing expert property tax appeal services, aiming to reduce assessed values and, consequently, tax liabilities. By leveraging local expertise and understanding of tax regulations, Ownwell helps homeowners achieve significant savings on their property tax bills, easing the financial strain.

Property Tax Bills Across Bellmawr, Camden County, New Jersey

Source: Ownwell

$1,531

$7,292

$13,052

Median Bellmawr Tax Bill

$6,279

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 Bellmawr, Camden County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
08031	$4,913	$5,664	$6,279	$7,013	$7,837
08099	N/A	N/A	N/A	N/A	N/A

Source: Ownwell