Property Taxes in Marmora, New Jersey
Median Marmora, New Jersey effective property tax rate: 2.30%, significantly lower than the national median of 1.02%, and lower than the New Jersey state median of 2.88%.
Median Marmora, New Jersey home value: $254,500
Median annual Marmora, New Jersey tax bill: $5,763, higher than the national median property tax bill of $2,400.
How are property taxes in Cape May calculated?
Property taxes in Marmora, 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 Marmora's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Marmora, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Marmora Property Tax Calculator Work?
Use this Marmora property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Marmora's median effective tax rate of 2.30% — based on actual property records in Cape May County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Marmora's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Marmora: rates range from 2.30% in 08223 to 2.30% in 08223, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Marmora.
About Marmora Property Taxes
About Property Taxes in Marmora, Cape May, New Jersey
Marmora's median effective property tax rate of 2.30% is lower than the New Jersey state median of 2.88% and higher than the national median of 1.02%. This rate reflects the Cape May 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 Marmora. Homeowners in the 08223 ZIP code carry a median effective rate of 2.30%, while those in the same ZIP code pay 2.30%. This spread reflects how school district boundaries and local assessment districts are drawn across Cape May County. Understanding which part of Marmora you live in can make a meaningful difference to your annual tax bill.
Marmora 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 Marmora, Cape May 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 Marmora'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 Marmora Tax Rate
2.30%
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 Cape May County Tax Rate
1.55%
Median Effective New Jersey Tax Rate
2.88%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Marmora, Cape May County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08223 | 2.21% | 2.30% | 2.30% | 2.30% | 2.30% |
Source: Ownwell
Property Tax Assessment Values Across Marmora, Cape May County, New Jersey
When examining property taxes in Marmora, 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 Cape May County tax 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 Cape May 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 Marmora.
For example, the median home price in Marmora is $254,500, with tax bills ranging significantly across the county. 08223 has the highest median home price at $254,500.
Property Tax Assessment Values Across Marmora, Cape May County, New Jersey
Source: Ownwell
$152,600
$795,525
$1,438,450
Median Marmora Market Value
$254,500
Median Cape May County Market Value
$320,700
Median New Jersey Market Value
$288,200
Median United States Market Value
$274,101
Property Tax Assessment Values Across Marmora, Cape May County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08223 | $102,640 | $209,100 | $254,500 | $325,700 | $426,420 |
Source: Ownwell
Property Tax Bills Across Marmora, Cape May County, New Jersey
Property tax bills in Marmora are calculated from the assessed value of a home and the local tax rate set by the taxing authorities in Cape May County. When a property’s assessed value rises, the tax bill can increase, even if the homeowner’s income does not change. The bill is also shaped by local budgets and the services funded by property taxes, including schools and municipal operations.
For Marmora homeowners, the median home price is $254,500, and the median property tax bill is $5,763 in ZIP code 08223. That amount is well above the national median property tax bill of $2,400 and reflects a higher-than-average tax burden. Bills at the 25th percentile are $4,751, while the 75th percentile reaches $7,229 and the 90th percentile climbs to $9,451.
Because property taxes are tied to market value and local assessments, homeowners may see meaningful changes from year to year.
Median Marmora Tax Bill
$5,763
Median Cape May County Tax Bill
$5,073
Median New Jersey Tax Bill
$8,638
Median United States Tax Bill
$3,209
Property Tax Bills Across Marmora, Cape May County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08223 | $2,333 | $4,751 | $5,763 | $7,229 | $9,451 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 1 |
Links | |
|---|---|
| Cape May Tax Assessor | |
| Website | press.capemaycountynj.gov |