West Deptford, Gloucester County, New Jersey Property Taxes
Median West Deptford, NJ effective property tax rate: 2.73%, significantly higher than the national median of 1.02%, but lower than the New Jersey state median of 2.82%.
Median West Deptford, NJ home value: $234,107
Median annual West Deptford, NJ tax bill: $6,408, $4,008 higher than the national median property tax bill of $2,400.
How are property taxes in Gloucester calculated?
Property taxes in West Deptford, 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 West Deptford’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in West Deptford, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
West Deptford, Gloucester County, New Jersey Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.73%
Estimate Property Tax Bill
$6,391
$5,931
Ownwell’s West Deptford Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in West Deptford with just two data points. By entering your property's estimated assessed value, our calculator applies West Deptford’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 Gloucester County. For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across West Deptford, Gloucester County, New Jersey
Local government entities set tax rates, which can vary widely within a state. This variation occurs because 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.
In West Deptford, located in Gloucester County, New Jersey, the effective property tax rate is 2.73%, significantly higher than the national median property tax rate of 1.02%. This rate reflects the county's budget needs and the total assessed value of the properties within its borders. Residents in West Deptford experience one of the highest property tax rates in the state, which is consistent across the area with no variation between the highest and lowest median tax rates. When compared to the national median property tax bill of $2,400, homeowners in West Deptford face considerably higher property tax bills, making it crucial for property owners to explore appeal and exemption services to potentially reduce their financial burden.
Property Tax Rates Across West Deptford, 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 West Deptford Tax Rate
2.73%
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 West Deptford, Gloucester County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08051 | 2.73% | 2.73% | 2.73% | 2.73% | 2.73% |
| 08063 | 2.73% | 2.73% | 2.73% | 3.92% | 3.92% |
| 08066 | 2.73% | 2.73% | 2.73% | 2.73% | 2.73% |
| 08086 | 2.73% | 2.73% | 2.73% | 2.73% | 2.73% |
| 08093 | 2.73% | 2.73% | 2.73% | 2.73% | 2.73% |
| 08096 | 2.73% | 2.73% | 2.73% | 2.73% | 2.73% |
Source: Ownwell
Property Tax Assessment Values Across West Deptford, Gloucester County, New Jersey
When examining property taxes in West Deptford, 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 April. 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 West Deptford.
For example, the median home price in West Deptford is $234,107, with tax bills ranging significantly across the county. Zip code 08066 has the highest median home price at $286,074.
Property Tax Assessment Values Across West Deptford, Gloucester County, New Jersey
Source: Ownwell
$118,344
$277,968
$437,591
Median West Deptford Market Value
$234,107
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 West Deptford, Gloucester County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08051 | $131,685 | $137,361 | $184,221 | $331,388 | $378,658 |
| 08063 | $120,150 | $156,914 | $186,806 | $216,448 | $238,673 |
| 08066 | $99,394 | $112,197 | $286,074 | $356,395 | $384,410 |
| 08086 | $171,543 | $193,365 | $243,631 | $313,320 | $412,802 |
| 08093 | $152,977 | $184,410 | $228,053 | $264,632 | $297,629 |
| 08096 | $176,513 | $203,330 | $237,386 | $283,426 | $365,565 |
Source: Ownwell
Property Tax Bills Across West Deptford, Gloucester County, New Jersey
In West Deptford, NJ, property taxes are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically based on a percentage of the home's market value, which in West Deptford is influenced by factors like location, property size, and market conditions. Homeowners in West Deptford face property tax bills that significantly exceed the national median, with the 25th percentile tax bill at $5,177 and the 75th percentile reaching $8,152. This can pose a financial burden, especially when compared to the national median property tax bill of $2,400.
Ownwell can assist homeowners in West Deptford by providing expert property tax appeal services. By reviewing property assessments for inaccuracies or overvaluations, Ownwell can help reduce tax liabilities, potentially saving homeowners thousands of dollars. Our team of specialists ensures that homeowners pay only their fair share, offering peace of mind and financial relief. With Ownwell's expertise, you can navigate the complexities of property tax appeals and maximize your savings.
Property Tax Bills Across West Deptford, Gloucester County, New Jersey
Source: Ownwell
$2,963
$6,922
$10,881
Median West Deptford Tax Bill
$6,408
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 West Deptford, Gloucester County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08051 | $3,599 | $3,754 | $5,036 | $9,059 | $10,342 |
| 08063 | $3,909 | $4,681 | $5,591 | $6,390 | $7,237 |
| 08066 | $2,716 | $3,075 | $7,828 | $9,749 | $10,506 |
| 08086 | $4,688 | $5,281 | $6,656 | $8,552 | $11,277 |
| 08093 | $4,176 | $5,040 | $6,232 | $7,232 | $8,134 |
| 08096 | $4,836 | $5,572 | $6,501 | $7,754 | $9,996 |
Source: Ownwell