West Collingswood, Camden County, New Jersey Property Taxes
Median WEST COLLINGSWOOD, NJ effective property tax rate: 2.98%, significantly higher than the national median of 1.02%, but lower than the NJ state median of 2.82%.
Median WEST COLLINGSWOOD, NJ home value: $211,215
Median annual WEST COLLINGSWOOD, NJ tax bill: $6,291, $3,891 higher than the national median property tax bill of $2,400.
How are property taxes in Camden calculated?
Property taxes in WEST 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 WEST COLLINGSWOOD’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in WEST COLLINGSWOOD, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
West Collingswood, Camden County, New Jersey Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.82%
Estimate Property Tax Bill
$6,376
$5,916
Property Tax Rates Across West Collingswood, Camden County, New Jersey
Local government entities determine tax rates, which can differ significantly within a state. This variation is due to each county annually estimating its budget needs for services and dividing that by the total value of all taxable property in its area, resulting in the property tax rate. Although votes and laws play roles in setting these rates and budgets, this is essentially the process each year.
Compare West Collingswood’s effective property tax rate to other cities in New Jersey and the median property tax rates in New Jersey and the U.S. West Collingswood, located in Camden County, has a median property tax rate of 2.98%, which is notably higher than the national median property tax rate of 1.02%. This means that homeowners in West Collingswood are likely paying more in property taxes compared to the national average. Understanding these rates can help homeowners make informed decisions about property investments and financial planning.
Property Tax Rates Across West Collingswood, Camden County, New Jersey
Source: Ownwell
3.19%
4.32%
5.44%
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 West Collingswood Tax Rate
3.82%
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
1.02%
Property Tax Rates Across West Collingswood, Camden County, New Jersey
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
08107 | 3.82% | 3.82% | 3.82% | 3.82% | 3.82% |
Source: Ownwell
Property Tax Assessment Values Across West Collingswood, Camden County, New Jersey
When examining property taxes in West 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 West Collingswood. For example, the median home price in West Collingswood is $211,215, with tax bills ranging significantly across the county. Zip code 08107 has the highest median home price at $211,215.
Property Tax Assessment Values Across West Collingswood, Camden County, New Jersey
Source: Ownwell
$45,000
$215,450
$385,900
Median West Collingswood Market Value
$166,900
Median Camden County Market Value
$169,400
Median New Jersey Market Value
$288,200
Median United States Market Value
$235,294
Property Tax Assessment Values Across West Collingswood, Camden County, New Jersey
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
08107 | $62,000 | $76,525 | $166,900 | $205,550 | $231,440 |
Source: Ownwell
Property Tax Bills Across West Collingswood, Camden County, New Jersey
Property Tax Bills Across West Collingswood, Camden County, New Jersey
Source: Ownwell
$1,538
$7,182
$12,826
Median West Collingswood Tax Bill
$6,803
Median Camden County Tax Bill
$7,102
Median New Jersey Tax Bill
$8,638
Median United States Tax Bill
$2,400
Property Tax Bills Across West Collingswood, Camden County, New Jersey
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
08107 | $2,370 | $2,905 | $6,803 | $8,148 | $8,676 |
Source: Ownwell