Clayton, Gloucester County, New Jersey Property Taxes
Median Clayton, NJ effective property tax rate: 3.07%, significantly higher than the national median of 1.02%, but lower than the New Jersey state median of 2.82%.
Median Clayton, NJ home value: $198,197
Median annual Clayton, NJ tax bill: $6,080, $3,680 higher than the national median property tax bill of $2,400.
How are property taxes in Gloucester calculated?
Property taxes in Clayton, 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 Clayton’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Clayton, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Clayton, Gloucester County, New Jersey Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.07%
Estimate Property Tax Bill
$6,085
$5,646
Property Tax Rates Across Clayton, Gloucester County, New Jersey
Local government entities in New Jersey, like those across the country, determine tax rates, which can vary significantly within the state. Each county annually estimates its necessary budget to provide services and divides this by the total assessed value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play roles in setting these rates and budgets, this is essentially the annual process.
In Clayton, located in Gloucester County, the effective property tax rate is 3.07%, which is notably higher than both the New Jersey state median and the national median property tax rate of 1.02%. This places Clayton among the areas with the highest property tax rates in the state. Such a rate reflects the local government's budgetary needs and the valuation of properties within the area.
Residents in Clayton should be aware of these rates as they consider the implications on their property tax bills, which can be substantially higher than the national median bill of $2,400. Understanding these local dynamics can empower property owners to explore potential savings through appeals or exemptions.
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 Clayton Tax Rate
3.07%
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 Gloucester County Tax Rate
2.83%
Median Effective New Jersey Tax Rate
2.82%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Clayton, Gloucester County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08312 | 3.07% | 3.07% | 3.07% | 3.07% | 3.07% |
Source: Ownwell
Property Tax Assessment Values Across Clayton, Gloucester County, New Jersey
When examining property taxes in Clayton, 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 Gloucester 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 Gloucester 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 Clayton. For example, the median home price in Clayton is $198,197, with tax bills ranging significantly across the county. ZIP code 08312 has the highest median home price at $198,197.
Property Tax Assessment Values Across Clayton, Gloucester County, New Jersey
Source: Ownwell
$118,344
$277,968
$437,591
Median Clayton Market Value
$198,197
Median Gloucester County Market Value
$246,529
Median New Jersey Market Value
$282,900
Median United States Market Value
$235,294
Property Tax Assessment Values Across Clayton, Gloucester County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08312 | $133,492 | $161,631 | $198,197 | $247,103 | $287,914 |
Source: Ownwell
Property Tax Bills Across Clayton, Gloucester County, New Jersey
In Clayton, Gloucester County, NJ, property tax bills are calculated based on the assessed value of your home, which is determined by the local tax assessor. The tax rate is applied to this assessed value to determine your tax bill. Clayton's median property tax bill significantly exceeds the national median, with homeowners typically paying around $6,080 annually. This is due to the relatively high property tax rate in New Jersey, which is among the highest in the nation. Factors influencing your tax bill include changes in property assessments and local budget requirements. High property taxes can be a burden on homeowners, affecting affordability and overall financial planning.
Ownwell can assist homeowners in Clayton by helping to reduce their property tax bills through our property tax appeal services. By analyzing your property's assessed value and comparing it with current market trends, we can identify potential savings. Our team of experts will handle the entire appeal process, ensuring you receive the most accurate assessment, potentially lowering your tax obligations and saving you money.
Median Clayton Tax Bill
$6,080
Median Gloucester County Tax Bill
$7,106
Median New Jersey Tax Bill
$8,227
Median United States Tax Bill
$2,400
Property Tax Bills Across Clayton, Gloucester County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08312 | $4,094 | $4,957 | $6,080 | $7,582 | $8,836 |
Source: Ownwell