Pennsauken, Camden County, New Jersey Property Taxes

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

Median Pennsauken, NJ effective property tax rate: 3.04%, significantly higher than the national median of 1.02%, but lower than the New Jersey state median of 2.82%.
Median Pennsauken, NJ home value: $194,923
Median annual Pennsauken, NJ tax bill: $5,920, $3,520 higher than the national median property tax bill of $2,400.

How are property taxes in Camden County calculated?

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

Last Updated March 1, 2025

Pennsauken, Camden County, New Jersey Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

3.04%

Estimate Property Tax Bill

$5,926

$5,499

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

Local government entities in Pennsauken, Camden County, NJ, set property tax rates that can vary significantly within the state. Each year, the county estimates its required budget to provide essential services and divides this figure 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 these rates and budgets, this is essentially the annual process.

In Pennsauken, the effective property tax rate is notably higher than the national median property tax rate of 1.02%. The median property tax rate in New Jersey, and particularly in Camden County, stands out as one of the highest in the nation. This high tax rate is reflected in Pennsauken's property tax bills, which also surpass the national median property tax bill of $2,400. Such figures emphasize the importance of understanding local property tax rates and exploring potential appeal and exemption opportunities to manage costs effectively.

Property Tax Rates Across Pennsauken, 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 Pennsauken Tax Rate

3.04%

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 Pennsauken, Camden County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
08109	3.04%	3.04%	3.04%	3.04%	3.04%
08110	2.92%	3.04%	3.04%	3.04%	3.04%

Source: Ownwell

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

When examining property taxes in Pennsauken, 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. Assessment notices: 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 Pennsauken. For example, the median home price in Pennsauken is $194,923, with tax bills ranging significantly across the county. Zip code 08109 has the highest median home price at $219,044.

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

Source: Ownwell

$54,570

$257,531

$460,492

Median Pennsauken Market Value

$194,923

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 Pennsauken, Camden County, New Jersey

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
08109	$166,877	$195,063	$219,044	$245,828	$275,277
08110	$113,981	$140,373	$171,364	$194,503	$221,287

Source: Ownwell

Property Tax Bills Across Pennsauken, Camden County, New Jersey

In Pennsauken, Camden County, NJ, property tax bills are determined by assessing the property's market value and applying the local tax rate. With a median home price of $194,923, homeowners face property tax bills that can vary significantly. The 25th percentile tax bill stands at $4,934, while the 75th percentile reaches $6,876, and the 90th percentile soars to $7,860. Notably, the highest median tax bill in the area is $6,658, found in zip code 08109, whereas the lowest is $5,203 in zip code 08110. These figures highlight the substantial burden property taxes can impose, especially compared to the national median tax bill of $2,400. Homeowners in Pennsauken may find relief by appealing their property tax assessments or seeking exemptions. This is where Ownwell can make a difference. By leveraging expertise in property tax appeals and exemptions, Ownwell helps homeowners reduce their tax liabilities, ensuring they don't overpay and can potentially save thousands on their annual tax bills.

Property Tax Bills Across Pennsauken, Camden County, New Jersey

Source: Ownwell

$1,531

$7,292

$13,052

Median Pennsauken Tax Bill

$5,920

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 Pennsauken, Camden County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
08109	$4,994	$5,933	$6,658	$7,469	$8,361
08110	$3,406	$4,247	$5,203	$5,886	$6,684

Source: Ownwell