Mantua, Gloucester County, New Jersey Property Taxes

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

Median Mantua, NJ effective property tax rate: 2.64%, significantly higher than the national median of 1.02%, but lower than the New Jersey state median of 2.82%.
Median Mantua, NJ home value: $235,258
Median annual Mantua, NJ tax bill: $6,211, $3,811 higher than the national median property tax bill of $2,400.

How are property taxes in Gloucester calculated?

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

Last Updated March 1, 2025

Mantua, Gloucester County, New Jersey Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.64%

Estimate Property Tax Bill

$6,211

$5,763

Ownwell’s Mantua Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Mantua with just two data points. By entering your property's estimated assessed value, our calculator applies Mantua’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by Gloucester 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 Gloucester County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Mantua, Gloucester County, New Jersey

Local government entities set tax rates, and these can vary widely within New Jersey. Each county estimates its required budget to provide services and divides that by the total assessed value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is essentially the annual process.

You can compare Mantua’s effective property tax rate to other cities in New Jersey and the median property tax rates in New Jersey and the U.S. Mantua, located in Gloucester County, reflects the state's trend of having higher property tax rates compared to the national median. New Jersey's median property tax rate stands at 2.64%, significantly above the national median of 1.02%. This higher rate often results in a larger tax bill for property owners, highlighting the importance of understanding and potentially appealing your property tax assessment. By being informed about your local tax rates and how they compare to state and national figures, you can better manage your property tax obligations.

Property Tax Rates Across Mantua, Gloucester County, New Jersey

Source: Ownwell

1.66%

2.86%

4.07%

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 Mantua Tax Rate

2.64%

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 Mantua, Gloucester County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
08051	2.64%	2.64%	2.64%	2.64%	2.64%

Source: Ownwell

Property Tax Assessment Values Across Mantua, Gloucester County, New Jersey

When examining property taxes in Mantua, 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 May. 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 Mantua. For example, the median home price in Mantua is $235,258, with tax bills ranging significantly across the county. Zip code 08051 has the highest median home price at $235,258.

Property Tax Assessment Values Across Mantua, Gloucester County, New Jersey

Source: Ownwell

$118,344

$277,968

$437,591

Median Mantua Market Value

$235,258

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 Mantua, Gloucester County, New Jersey

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
08051	$152,552	$191,319	$235,258	$305,105	$395,379

Source: Ownwell

Property Tax Bills Across Mantua, Gloucester County, New Jersey

In Mantua, located in Gloucester County, NJ, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The median home price in Mantua is $235,258, and the property tax rate significantly impacts the tax bill. Homeowners in Mantua face a median property tax bill of $6,211, well above the national median of $2,400. Factors influencing the tax bill include the assessed value of the property and the local tax rate. This high tax burden can affect homeowners by increasing their annual expenses and impacting their overall financial situation. Ownwell offers a solution by providing expert property tax appeal services, helping homeowners potentially lower their tax bills. By analyzing property assessments and identifying discrepancies, Ownwell assists homeowners in navigating the appeal process, ensuring they are not overpaying. This service can lead to significant savings, alleviating the financial strain of steep property tax bills in Mantua.

Property Tax Bills Across Mantua, Gloucester County, New Jersey

Source: Ownwell

$2,963

$6,922

$10,881

Median Mantua Tax Bill

$6,211

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 Mantua, Gloucester County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
08051	$4,031	$5,059	$6,211	$8,055	$10,421

Source: Ownwell