Property Taxes in Hightstown, New Jersey
Median Hightstown, New Jersey effective property tax rate: 4.85%, significantly higher than the national median of 1.02%, and higher than the New Jersey state median of 2.88%.
Median Hightstown, New Jersey home value: $227,500
Median annual Hightstown, New Jersey tax bill: $10,446, higher than the national median property tax bill of $2,400.
How are property taxes in Mercer calculated?
Property taxes in Hightstown, 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 Hightstown's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Hightstown, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Hightstown Property Tax Calculator Work?
Use this Hightstown property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Hightstown's median effective tax rate of 4.85% — based on actual property records in Mercer County — to generate your estimate.
Enter your property's estimated assessed value — the figure used to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Hightstown'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 Hightstown: rates range from 4.85% in 08520 to 4.85% in 08520, 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 Hightstown.
About Hightstown Property Taxes
About Property Taxes in Hightstown, Mercer, New Jersey
Hightstown’s median effective property tax rate of 4.85% is higher than the New Jersey state median of 2.88% and higher than the national median of 1.02%. This rate reflects the Mercer 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 Hightstown. Homeowners in the 08520 ZIP code carry a median effective rate of 4.85%, while those in the lowest ZIP also pay 4.85%. This reflects how school district boundaries and local assessment districts are drawn across Mercer County.
Hightstown homeowners who believe their assessed value is too high can file a formal appeal with the 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 Hightstown, Mercer 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 Hightstown'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 Ă· 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 Hightstown Tax Rate
4.85%
Our median effective property tax rate (tax bill Ă· 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 Mercer County Tax Rate
3.30%
Median Effective New Jersey Tax Rate
2.88%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Hightstown, Mercer County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08520 | 3.12% | 3.52% | 4.85% | 4.85% | 4.85% |
Source: Ownwell
Property Tax Assessment Values Across Hightstown, Mercer County, New Jersey
When examining property taxes in Hightstown, 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 Mercer 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.
Assessment notices:
In Mercer County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of January.
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 Hightstown.
For example, the median home price in Hightstown is $227,500, with tax bills ranging significantly across the county. 08520 has the highest median home price at $227,500.
Property Tax Assessment Values Across Hightstown, Mercer County, New Jersey
Source: Ownwell
$42,100
$567,900
$1,093,700
Median Hightstown Market Value
$227,500
Median Mercer County Market Value
$217,000
Median New Jersey Market Value
$288,200
Median United States Market Value
$274,101
Property Tax Assessment Values Across Hightstown, Mercer County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08520 | $150,800 | $178,600 | $227,500 | $293,300 | $426,800 |
Source: Ownwell
Property Tax Bills Across Hightstown, Mercer County, New Jersey
Property tax bills in Hightstown are based on the assessed value of a home and the local tax rate set by taxing authorities. For homeowners, the bill is determined by multiplying the assessed value by the applicable rate, which helps fund local services such as schools, roads, and public safety. Because the bill is tied to the market value of the property, changes in the local housing market can affect what a homeowner pays.
In Hightstown, the median home price is $227,500, and the median property tax bill is $10,446. That is well above the national median property tax bill of $2,400 and the national median property tax rate of 1.02%. Tax bills can vary widely, with the 25th percentile at $8,239 and the 75th percentile at $13,108. For homeowners, this means property taxes can be a major part of housing costs and may rise as assessed values increase.
Median Hightstown Tax Bill
$10,446
Median Mercer County Tax Bill
$7,344
Median New Jersey Tax Bill
$8,638
Median United States Tax Bill
$3,209
Property Tax Bills Across Hightstown, Mercer County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08520 | $7,032 | $8,239 | $10,446 | $13,108 | $14,946 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 1 |
Links | |
|---|---|
| Mercer Tax Assessor | |
| Website | pip.mercercounty.org |