Collingswood, Camden County, New Jersey Property Taxes

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

Median Collingswood, NJ effective property tax rate: 2.98%, significantly higher than the national median of 1.02%, but lower than the New Jersey state median of 2.82%.
Median Collingswood, NJ home value: $292,955
Median annual Collingswood, NJ tax bill: $8,735, $6,335 higher than the national median property tax bill of $2,400.

How are property taxes in Camden calculated?

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

Last Updated March 1, 2025

Collingswood, Camden County, New Jersey Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.98%

Estimate Property Tax Bill

$8,730

$8,101

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

Local government entities in New Jersey determine tax rates, which can vary significantly within the state. Annually, each county, including Camden, estimates its required budget to provide essential services and divides this 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 fundamental annual process.

In Collingswood, located in Camden County, the effective property tax rate is notably higher than the national median of 1.02%. This positions Collingswood above many other cities in New Jersey and significantly above the U.S. median property tax rate. Such a high rate reflects the local government's need to fund public services, which can include schools, emergency services, and infrastructure maintenance.

For property owners in Collingswood, understanding this process can be crucial for financial planning. By comparing Collingswood’s effective property tax rate to other cities in New Jersey and the national average, property owners can better comprehend their tax obligations and explore potential appeal and exemption services to manage their expenses effectively.

Property Tax Rates Across Collingswood, 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 Collingswood Tax Rate

2.98%

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 Collingswood, Camden County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
08107	2.98%	2.98%	2.98%	2.98%	2.98%
08108	2.98%	2.98%	2.98%	2.98%	2.98%

Source: Ownwell

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

When examining property taxes in Collingswood, 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 Collingswood. For example, the median home price in Collingswood is $292,955, with tax bills ranging significantly across the county. Zip code 08107 has the highest median home price at $302,322.

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

Source: Ownwell

$54,570

$257,531

$460,492

Median Collingswood Market Value

$292,955

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 Collingswood, Camden County, New Jersey

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
08107	$222,495	$260,266	$302,322	$332,446	$357,474
08108	$213,140	$238,933	$292,698	$351,983	$411,395

Source: Ownwell

Property Tax Bills Across Collingswood, Camden County, New Jersey

In Collingswood, NJ, property tax bills are determined by assessing the property's market value and applying the local tax rate. Camden County, where Collingswood is located, has a notably high median property tax bill, with figures ranging from $7,110 at the 25th percentile to $12,219 at the 90th percentile. This is significantly higher than the national median property tax bill of $2,400. The tax bill is influenced by factors such as the property's assessed value and the local tax rate, which can place a considerable financial burden on homeowners. For instance, in the zip code 08107, the highest median tax bill is $9,005, while in 08108, it is slightly lower at $8,733. Ownwell can help homeowners in Collingswood by providing expert property tax appeal services. By analyzing the assessed value and ensuring it aligns with the market value, Ownwell can potentially reduce the tax burden, ensuring homeowners are not overpaying. This service can lead to substantial savings, making homeownership more affordable.

Property Tax Bills Across Collingswood, Camden County, New Jersey

Source: Ownwell

$1,531

$7,292

$13,052

Median Collingswood Tax Bill

$8,735

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 Collingswood, Camden County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
08107	$6,627	$7,752	$9,005	$9,902	$10,647
08108	$6,338	$7,108	$8,733	$10,477	$12,225

Source: Ownwell