Cedarville, Cumberland County, New Jersey Property Taxes

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

Median Cedarville, NJ effective property tax rate: 2.69%, significantly higher than the national median of 1.02%, but lower than the New Jersey state median of 2.82%.
Median Cedarville, NJ home value: $170,495
Median annual Cedarville, NJ tax bill: $4,576, $2,176 higher than the national median property tax bill of $2,400.

How are property taxes in Cumberland calculated?

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

Last Updated March 1, 2025

Cedarville, Cumberland County, New Jersey Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.69%

Estimate Property Tax Bill

$4,586

$4,256

Ownwell’s Cedarville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Cedarville with just two data points.

By entering your property's estimated assessed value, our calculator applies Cedarville’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 Cumberland County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Cedarville, Cumberland County, New Jersey

Local government entities set tax rates, which can vary widely within a state. 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, this is the annual process in a nutshell. Below, you can compare Cedarville’s effective property tax rate to other cities in New Jersey and the median property tax rates in New Jersey and the U.S. Cedarville, located in Cumberland County, has a median property tax rate of 2.69%, which is significantly higher than the national median of 1.02%. The property tax rate in Cedarville is also the highest and lowest in the state, indicating uniformity in taxation within this area. This rate results in higher property tax bills compared to the national median bill of $2,400, reflecting the higher cost of maintaining local services and infrastructure in this region.

Property Tax Rates Across Cedarville, Cumberland County, New Jersey

Source: Ownwell

2.50%

2.86%

3.23%

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 Cedarville Tax Rate

2.69%

Median Effective Cumberland County Tax Rate

2.69%

Median Effective New Jersey Tax Rate

2.82%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Cedarville, Cumberland County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
08311	2.69%	2.69%	2.69%	2.69%	2.69%

Source: Ownwell

Property Tax Assessment Values Across Cedarville, Cumberland County, New Jersey

When examining property taxes in Cedarville, 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 Cumberland 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 Cumberland 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 Cedarville.

For example, the median home price in Cedarville is $170,495, with tax bills ranging significantly across the county. The zip code 08311 has the highest median home price at $170,495.

Property Tax Assessment Values Across Cedarville, Cumberland County, New Jersey

Source: Ownwell

$113,856

$190,277

$266,697

Median Cedarville Market Value

$170,495

Median Cumberland County Market Value

$168,564

Median New Jersey Market Value

$282,900

Median United States Market Value

$235,294

Property Tax Assessment Values Across Cedarville, Cumberland County, New Jersey

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
08311	$101,327	$136,094	$170,495	$221,504	$272,404

Source: Ownwell

Property Tax Bills Across Cedarville, Cumberland County, New Jersey

In Cedarville, Cumberland County, NJ, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is a percentage of the market value, and the tax rate is set by local government based on budgetary needs. Homeowners in Cedarville face a median property tax bill of $4,576, significantly higher than the national median of $2,400. This discrepancy is due to the local tax rate and the assessed value of properties. Factors such as property size, location, and improvements can influence the assessed value, thereby affecting the tax bill. For homeowners, these high tax bills can be a financial burden. Ownwell offers a solution by providing property tax appeal and exemption services. By reviewing assessments and identifying discrepancies, Ownwell helps homeowners potentially lower their tax bills. This service can lead to substantial savings, providing financial relief and ensuring homeowners pay only their fair share in taxes.

Property Tax Bills Across Cedarville, Cumberland County, New Jersey

Source: Ownwell

$3,272

$5,234

$7,195

Median Cedarville Tax Bill

$4,576

Median Cumberland County Tax Bill

$4,561

Median New Jersey Tax Bill

$8,227

Median United States Tax Bill

$2,400

Property Tax Bills Across Cedarville, Cumberland County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
08311	$2,725	$3,647	$4,576	$5,957	$7,325

Source: Ownwell