Clark, Middlesex County, New Jersey Property Taxes

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

Median Clark, NJ effective property tax rate: 11.54%, significantly higher than the national median of 1.02%, but lower than the New Jersey state median of 2.82%.
Median Clark, NJ home value: $80,400
Median annual Clark, NJ tax bill: $8,519, $6,119 higher than the national median property tax bill of $2,400.

How are property taxes in Middlesex calculated?

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

Last Updated March 1, 2025

Clark, Middlesex County, New Jersey Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

11.54%

Estimate Property Tax Bill

$9,278

$8,610

Ownwell’s Clark Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Clark with just two data points. By entering your property's estimated assessed value, our calculator applies Clark’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 Middlesex. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Clark, Middlesex County, New Jersey

Local government entities set tax rates, which can vary widely within a state. 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 Clark's effective property tax rate to other cities in New Jersey and the median property tax rates in New Jersey and the U.S. Clark, situated in Middlesex County, reflects a property tax rate that stands out when compared to both state and national medians. New Jersey's median property tax rate is significantly higher than the national median of 1.02%. This can translate into a substantial difference in annual tax bills, impacting homeowners' budgets and financial planning. Understanding these variations is crucial for property owners aiming to manage their expenses effectively. By appealing your property taxes or seeking exemptions, you might be able to lower your tax burden, potentially saving a significant amount annually. Engaging with property tax consultants can provide valuable insights and assistance in navigating these complexities.

Property Tax Rates Across Clark, Middlesex County, New Jersey

Source: Ownwell

1.78%

7.20%

12.62%

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 Clark Tax Rate

11.54%

Median Effective Middlesex County Tax Rate

5.10%

Median Effective New Jersey Tax Rate

2.82%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Clark, Middlesex County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
07066	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Clark, Middlesex County, New Jersey

When examining property taxes in Clark, 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 Middlesex County Board of Taxation 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 Middlesex 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 Clark. For example, the median home price in Clark is $80,400, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Clark, Middlesex County, New Jersey

Source: Ownwell

$66,600

$322,300

$578,000

Median Clark Market Value

$80,400

Median Middlesex County Market Value

$158,000

Median New Jersey Market Value

$282,900

Median United States Market Value

$235,294

Property Tax Assessment Values Across Clark, Middlesex County, New Jersey

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
07066	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Clark, Middlesex County, New Jersey

In Clark, NJ, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is a percentage of the market value of the property. Middlesex County has a property tax rate higher than the national median of 1.02%, leading to a significant tax burden for homeowners. The median property tax bill in this area is considerably higher than the national median of $2,400, with homeowners in the 25th percentile paying around $8,106 annually, and those in the 90th percentile facing bills as high as $9,129. These high tax bills can strain homeowners financially, making it essential to explore all possible savings. Ownwell can assist homeowners by providing expert property tax appeal and exemption services, potentially lowering their assessed value and, consequently, their tax bills. Our team navigates the complexities of local tax regulations to ensure that homeowners are not overpaying, helping them save money and reduce their annual financial burden.

Property Tax Bills Across Clark, Middlesex County, New Jersey

Source: Ownwell

$4,686

$8,118

$11,549

Median Clark Tax Bill

$8,519

Median Middlesex County Tax Bill

$7,840

Median New Jersey Tax Bill

$8,227

Median United States Tax Bill

$2,400

Property Tax Bills Across Clark, Middlesex County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
07066	N/A	N/A	N/A	N/A	N/A

Source: Ownwell