Cliffwood, Middlesex County, New Jersey Property Taxes

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

Median Cliffwood, NJ effective property tax rate: 5.35%, significantly higher than the national median of 1.02%, but lower than the New Jersey state median of 2.82%.
Median Cliffwood, NJ home value: $149,600
Median annual Cliffwood, NJ tax bill: $6,625, $4,225 higher than the national median property tax bill of $2,400.

How are property taxes in Middlesex calculated?

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

Last Updated March 1, 2025

Cliffwood, Middlesex County, New Jersey Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

5.35%

Estimate Property Tax Bill

$8,004

$7,427

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

Property Tax Rates Across Cliffwood, Middlesex County, New Jersey

Local government entities in New Jersey set property tax rates, which can vary significantly within the state. Each year, Middlesex County estimates the budget required to provide essential services and divides this by the total value of all taxable properties within its jurisdiction. This process results in the property tax rate for the area. While votes and laws play a role in setting these rates and budgets, this is essentially how it works annually.

Cliffwood in Middlesex County, NJ, has an effective property tax rate of 5.35%, which is notably higher than the national median property tax rate of 1.02%. This means property owners in Cliffwood pay significantly more compared to the national average. The median property tax bill in Cliffwood is also considerably above the national median of $2,400. This highlights the importance of understanding local tax rates and exploring potential appeal or exemption options to manage property tax liabilities effectively.

Property Tax Rates Across Cliffwood, 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 Cliffwood Tax Rate

5.35%

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 Cliffwood, Middlesex County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
07721	4.76%	4.86%	5.35%	5.35%	5.35%

Source: Ownwell

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

When examining property taxes in Cliffwood, 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 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: Middlesex County sends assessment notices 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 Cliffwood. For example, the median home price in Cliffwood is $149,600, with tax bills ranging significantly across the county. ZIP code 07721 has the highest median home price at $149,600.

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

Source: Ownwell

$66,600

$322,300

$578,000

Median Cliffwood Market Value

$149,600

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 Cliffwood, Middlesex County, New Jersey

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
07721	$74,770	$86,125	$149,600	$173,975	$195,840

Source: Ownwell

Property Tax Bills Across Cliffwood, Middlesex County, New Jersey

In Cliffwood, Middlesex County, NJ, property tax bills are determined by the assessed value of a home and the local tax rate. With a median tax bill of $6,625, the area's tax burden is significantly higher than the national median of $2,400. Homeowners can face substantial variation in their tax bills, ranging from the 25th percentile at $4,362 to the 90th percentile at $9,726. These figures highlight the significant impact property taxes can have on household finances, particularly when compared to the national median property tax rate of 1.02%. Factors influencing the tax bill include the assessed value of the property, local government budgets, and school district funding needs. Homeowners in Cliffwood can benefit from appealing their property taxes to ensure they are not overpaying. Ownwell offers expertise in navigating the complexities of property tax appeals, helping homeowners potentially reduce their tax burden. By leveraging Ownwell's services, homeowners can achieve greater financial relief and peace of mind.

Property Tax Bills Across Cliffwood, Middlesex County, New Jersey

Source: Ownwell

$4,686

$8,118

$11,549

Median Cliffwood Tax Bill

$6,625

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 Cliffwood, Middlesex County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
07721	$3,620	$4,362	$6,625	$9,086	$9,726

Source: Ownwell