Dayton, Middlesex County, New Jersey Property Taxes
Median Dayton, NJ effective property tax rate: 5.05%, significantly higher than the national median of 1.02%, but lower than the New Jersey state median of 2.82%.
Median Dayton, NJ home value: $158,200
Median annual Dayton, NJ tax bill: $7,550, $5,150 higher than the national median property tax bill of $2,400.
How are property taxes in Middlesex calculated?
Property taxes in Dayton, 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 Dayton’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Dayton, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Dayton, Middlesex County, New Jersey Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
5.05%
Estimate Property Tax Bill
$7,989
$7,414
Property Tax Rates Across Dayton, Middlesex County, New Jersey
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 Dayton Tax Rate
5.05%
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 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 Dayton, Middlesex County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08810 | 4.06% | 5.05% | 5.05% | 5.05% | 5.05% |
Source: Ownwell
Property Tax Assessment Values Across Dayton, Middlesex County, New Jersey
When examining property taxes in Dayton, 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 Tax Assessor 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 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 Dayton. For example, the median home price in Dayton is $158,200, with tax bills ranging significantly across the county. Zip code 08810 has the highest median home price at $158,200.
Property Tax Assessment Values Across Dayton, Middlesex County, New Jersey
Source: Ownwell
$66,600
$322,300
$578,000
Median Dayton Market Value
$158,200
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 Dayton, Middlesex County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08810 | $101,800 | $130,900 | $158,200 | $201,000 | $255,650 |
Source: Ownwell
Property Tax Bills Across Dayton, Middlesex County, New Jersey
In Dayton, NJ, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to calculate the annual tax bill. In Middlesex County, where Dayton is located, homeowners face a significant tax burden, with the median property tax bill at $7,550, substantially higher than the national median of $2,400. Factors influencing the tax bill include the property's assessed value, local tax rates, and any applicable exemptions or deductions. For homeowners, these high tax bills can represent a considerable financial strain.
Ownwell offers valuable assistance in this scenario by providing property tax appeal and exemption services. By reviewing your property's assessment and identifying potential errors or opportunities for exemptions, Ownwell can help reduce your tax bill. This not only alleviates financial pressure but also ensures you are not overpaying on your property taxes, allowing you to save money and better manage your household budget.
Median Dayton Tax Bill
$7,550
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 Dayton, Middlesex County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08810 | $4,544 | $5,973 | $7,550 | $10,001 | $12,842 |
Source: Ownwell