Property Taxes in Gibbstown, New Jersey
Median Gibbstown, New Jersey effective property tax rate: 3.26%, significantly higher than the national median of 1.02%, and higher than the New Jersey state median of 2.88%.
Median Gibbstown, New Jersey home value: $164,800
Median annual Gibbstown, New Jersey tax bill: $5,379, $2,979 higher than the national median property tax bill of $2,400.
How are property taxes in Gloucester calculated?
Property taxes in Gibbstown, 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 Gibbstown's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Gibbstown, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Gibbstown Property Tax Calculator Work?
Use this Gibbstown property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Gibbstown's median effective tax rate of 3.26% — based on actual property records in Gloucester County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessor uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Gibbstown'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 Gibbstown: rates range from 3.26% in 08027 to 3.26% in 08027, 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 Gibbstown.
About Gibbstown Property Taxes
About Property Taxes in Gibbstown, Gloucester, New Jersey
Gibbstown's median effective property tax rate of 3.26% is higher than the New Jersey state median of 2.88% and higher than the national median of 1.02%. This rate reflects the Gloucester 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 Gibbstown. Homeowners in the 08027 ZIP code carry a median effective rate of 3.26%, while those in the lowest ZIP code pay 3.26%. This spread — 0 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Gloucester County. Understanding which part of Gibbstown you live in can make a meaningful difference to your annual tax bill.
Gibbstown 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 Gibbstown, Gloucester 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 Gibbstown'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 Gibbstown Tax Rate
3.26%
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
3.50%
Median Effective New Jersey Tax Rate
2.88%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Gibbstown, Gloucester County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08027 | 3.26% | 3.26% | 3.26% | 3.26% | 3.26% |
Source: Ownwell
Property Tax Assessment Values Across Gibbstown, Gloucester County, New Jersey
When examining property taxes in Gibbstown, 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 Gloucester 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 Gloucester County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of November.
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 understanding how assessed and market values are determined, property owners can better navigate property taxes in Gibbstown.
For example, the median home price in Gibbstown is $164,800, with tax bills ranging significantly across the county. 08027 has the highest median home price at $164,800.
Property Tax Assessment Values Across Gibbstown, Gloucester County, New Jersey
Source: Ownwell
$104,000
$229,550
$355,100
Median Gibbstown Market Value
$164,800
Median Gloucester County Market Value
$209,300
Median New Jersey Market Value
$288,200
Median United States Market Value
$274,101
Property Tax Assessment Values Across Gibbstown, Gloucester County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08027 | $113,920 | $134,500 | $164,800 | $192,800 | $220,580 |
Source: Ownwell
Property Tax Bills Across Gibbstown, Gloucester County, New Jersey
Property tax bills in Gibbstown are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. Local taxing authorities use that assessment to determine how much each homeowner owes for schools, county services, and other public needs. Because the bill is tied to assessed value, changes in the housing market can directly affect what you pay.
For homeowners in Gibbstown, the median home price is $164,800, and the median property tax bill is $5,379 in ZIP code 08027. That is well above the national median property tax bill of $2,400 and the national median property tax rate of 1.02%. Bills can vary widely, with the 25th percentile at $4,397 and the 75th percentile at $6,289. At the 90th percentile, bills reach $7,195, which can create a significant annual expense for homeowners.
Property Tax Bills Across Gibbstown, Gloucester County, New Jersey
Source: Ownwell
$3,009
$6,961
$10,912
Median Gibbstown Tax Bill
$5,379
Median Gloucester County Tax Bill
$7,097
Median New Jersey Tax Bill
$8,638
Median United States Tax Bill
$3,209
Property Tax Bills Across Gibbstown, Gloucester County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08027 | $3,727 | $4,397 | $5,379 | $6,289 | $7,195 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | January 15 |
Links | |
|---|---|
| Gloucester Tax Assessor | |
| Website | www.gloucestercountynj.gov |