Blue Anchor, Camden County, New Jersey Property Taxes

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

Median Blue Anchor, NJ effective property tax rate: 2.95%, significantly higher than the national median of 1.02%, but lower than the New Jersey state median of 2.82%.
Median Blue Anchor, NJ home value: $237,144
Median annual Blue Anchor, NJ tax bill: $6,990, $4,590 higher than the national median property tax bill of $2,400.

How are property taxes in Camden calculated?

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

Last Updated March 1, 2025

Blue Anchor, Camden County, New Jersey Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.95%

Estimate Property Tax Bill

$6,996

$6,492

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

Property Tax Rates Across Blue Anchor, Camden County, New Jersey

Local government entities set tax rates, which can vary widely within a state. 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. Although votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.

Blue Anchor in Camden County, NJ, stands out with its effective property tax rate. Compared to other cities in New Jersey, Blue Anchor's rate is significant, reflecting the state's overall higher property tax landscape. New Jersey's median property tax rate is notably higher than the national median of 1.02%, resulting in a higher median property tax bill compared to the national median of $2,400. This means homeowners in Blue Anchor may face higher property tax bills on average than those in many other parts of the country. Understanding these differences can help homeowners make informed decisions about property investments and potential savings through tax appeals or exemptions.

Property Tax Rates Across Blue Anchor, 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 Blue Anchor Tax Rate

2.95%

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 Blue Anchor, Camden County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
08037	2.95%	2.95%	2.95%	2.95%	2.95%

Source: Ownwell

Property Tax Assessment Values Across Blue Anchor, Camden County, New Jersey

When examining property taxes in Blue Anchor, 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 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 Blue Anchor.

For example, the median home price in Blue Anchor is $237,144, with tax bills ranging significantly across the county. Zip code 08037 has the highest median home price at $237,144.

Property Tax Assessment Values Across Blue Anchor, Camden County, New Jersey

Source: Ownwell

$54,570

$257,531

$460,492

Median Blue Anchor Market Value

$237,144

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 Blue Anchor, Camden County, New Jersey

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
08037	$197,654	$215,620	$237,144	$338,059	$360,897

Source: Ownwell

Property Tax Bills Across Blue Anchor, Camden County, New Jersey

In Blue Anchor, Camden County, NJ, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the home's market value, which can fluctuate based on real estate trends. With a median home price of $237,144, homeowners in Blue Anchor face a median property tax bill of $6,990, significantly higher than the national median of $2,400. Factors such as location, home size, and improvements can influence the assessed value, impacting the final tax bill. For homeowners, this can mean a substantial financial burden, especially when compared to the national median property tax rate of 1.02%. Ownwell can assist homeowners in Blue Anchor by providing expert property tax appeal services. By analyzing local market conditions and identifying potential discrepancies in assessments, Ownwell helps clients potentially reduce their tax liabilities. This personalized approach not only ensures fair taxation but also offers peace of mind and potential savings for homeowners.

Property Tax Bills Across Blue Anchor, Camden County, New Jersey

Source: Ownwell

$1,531

$7,292

$13,052

Median Blue Anchor Tax Bill

$6,990

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 Blue Anchor, Camden County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
08037	$5,826	$6,356	$6,990	$9,965	$10,638

Source: Ownwell