Property Taxes in Merchantville, New Jersey
Median Merchantville, New Jersey effective property tax rate: 5.07%, significantly higher than the national median of 1.02%, and higher than the New Jersey state median of 2.88%.
Median Merchantville, New Jersey home value: $179,350
Median annual Merchantville, New Jersey tax bill: $8,946, $6,546 higher than the national median property tax bill of $2,400.
How are property taxes in Camden calculated?
Property taxes in Merchantville, New Jersey 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 Merchantville's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Merchantville, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Merchantville Property Tax Calculator Work?
Use this Merchantville property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Merchantville's median effective tax rate of 5.07% — based on actual property records in Camden County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessor uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Merchantville's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Merchantville's property tax rate is higher than the New Jersey median tax rate of 2.88%, and the median property tax bill is $8,946, which is $6,546 higher than the state median property tax bill.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Merchantville.
About Merchantville Property Taxes
About Property Taxes in Merchantville, Camden, New Jersey
Merchantville's median effective property tax rate of 5.07% is higher than the New Jersey state median of 2.88% and higher than the national median of 1.02%. This rate reflects the Camden County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Merchantville. Homeowners in the 08109 ZIP code carry a median effective rate of 5.07%, while those in the lowest ZIP pay 5.07%. This spread — 0 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Camden County. Understanding which part of Merchantville you live in can make a meaningful difference to your annual tax bill.
Merchantville homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the April 1, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Merchantville, Camden County, New Jersey
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? 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 Merchantville's effective property tax rate to other cities in New Jersey and the median property tax rates in New Jersey and the U.S.
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 Merchantville Tax Rate
5.07%
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
4.20%
Median Effective New Jersey Tax Rate
2.88%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Merchantville, Camden County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08109 | 4.27% | 5.07% | 5.07% | 5.07% | 5.07% |
Source: Ownwell
Property Tax Assessment Values Across Merchantville, Camden County, New Jersey
When examining property taxes in Merchantville, New Jersey, 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 assessor 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 February each year. They'll typically reach your mailbox by the middle of February.
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 Merchantville.
For example, the median home price in Merchantville is $179,350, with tax bills ranging significantly across the county. 08109 has the highest median home price at $179,350.
Property Tax Assessment Values Across Merchantville, Camden County, New Jersey
Source: Ownwell
$45,000
$215,450
$385,900
Median Merchantville Market Value
$179,350
Median Camden County Market Value
$169,400
Median New Jersey Market Value
$288,200
Median United States Market Value
$274,101
Property Tax Assessment Values Across Merchantville, Camden County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08109 | $120,060 | $145,600 | $179,350 | $225,575 | $276,280 |
Source: Ownwell
Property Tax Bills Across Merchantville, Camden County, New Jersey
Property tax bills in Merchantville are based on the assessed value of a home and the local tax rate set by taxing authorities in Camden County. The bill is calculated by applying that rate to the property’s assessed value, so changes in market value, assessment updates, and local budgets can all affect what a homeowner owes.
For homeowners, this means a higher assessed value can lead to a larger tax bill, while a lower assessment may reduce it. In Merchantville, the median tax bill is $8,946, which is well above the national median property tax bill of $2,400 and reflects the area’s relatively high property tax burden.
Bills can vary widely across the city, with the 25th percentile at $7,204 and the 75th percentile at $11,417. That range shows how much property taxes can differ based on the home and its assessment.
Property Tax Bills Across Merchantville, Camden County, New Jersey
Source: Ownwell
$1,538
$7,182
$12,826
Median Merchantville Tax Bill
$8,946
Median Camden County Tax Bill
$7,102
Median New Jersey Tax Bill
$8,638
Median United States Tax Bill
$3,209
Property Tax Bills Across Merchantville, Camden County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08109 | $5,741 | $7,204 | $8,946 | $11,417 | $13,897 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 1 |
Links | |
|---|---|
| Camden Tax Assessor | |
| Website | www.taxdatahub.com |