Sewaren, Middlesex County, New Jersey Property Taxes
Median Sewaren, NJ effective property tax rate: 12.40%, significantly higher than the national median of 1.02%, but lower than the NJ state median of 2.82%.
Median Sewaren, NJ home value: $70,550
Median annual Sewaren, NJ tax bill: $8,450, $6,050 higher than the national median property tax bill of $2,400.
How are property taxes in Middlesex calculated?
Property taxes in Sewaren, 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 Sewaren’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Sewaren, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Sewaren, Middlesex County, New Jersey Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
13.2%
Estimate Property Tax Bill
$9,517
$8,832
Property Tax Rates Across Sewaren, Middlesex County, New Jersey
Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.
In Sewaren, located in Middlesex County, the effective property tax rate stands at 12.40%, which is significantly higher than both the New Jersey state median and the national median of 1.02%. This places Sewaren among the highest property tax rates in the state. The high rate reflects the county's budgetary needs and the total value of taxable properties. Comparing Sewaren's property tax rate to other cities in New Jersey and the U.S. highlights the substantial differences that can exist within a state and across the nation. Residents need to be aware of these variations as they can significantly impact the overall cost of homeownership in different regions.
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 Sewaren Tax Rate
13.20%
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
5.52%
Median Effective New Jersey Tax Rate
2.88%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Sewaren, Middlesex County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07077 | 12.84% | 12.93% | 13.20% | 13.20% | 13.20% |
Source: Ownwell
Property Tax Assessment Values Across Sewaren, Middlesex County, New Jersey
When examining property taxes in Sewaren, 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.
In Middlesex County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Sewaren. For example, the median home price in Sewaren is $70,550, with tax bills ranging significantly across the county. Zip code 07077 has the highest median home price at $70,550.
Property Tax Assessment Values Across Sewaren, Middlesex County, New Jersey
Source: Ownwell
$66,900
$316,000
$565,100
Median Sewaren Market Value
$72,100
Median Middlesex County Market Value
$167,900
Median New Jersey Market Value
$288,200
Median United States Market Value
$235,294
Property Tax Assessment Values Across Sewaren, Middlesex County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07077 | $56,000 | $60,800 | $72,100 | $88,000 | $104,940 |
Source: Ownwell
Property Tax Bills Across Sewaren, Middlesex County, New Jersey
In Sewaren, NJ, property tax bills are calculated based on the assessed value of the home, which is determined by the local tax assessor. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as property size, location, and improvements can influence the assessed value. In Sewaren, the median property tax bill is significantly higher than the national median, with homeowners paying around $8,450 annually, compared to the national median of $2,400. This higher tax burden can be challenging for homeowners, impacting their overall financial planning.
Ownwell offers valuable assistance to homeowners in Sewaren by helping them navigate the property tax appeal process. By analyzing the assessed value and comparing it to similar properties, Ownwell can identify discrepancies and potential overvaluations. This expert guidance can lead to successful appeals, resulting in reduced property tax bills. With Ownwell's support, homeowners can achieve significant savings, easing the financial strain of high property taxes in the region.
Median Sewaren Tax Bill
$9,290
Median Middlesex County Tax Bill
$8,723
Median New Jersey Tax Bill
$8,638
Median United States Tax Bill
$2,400
Property Tax Bills Across Sewaren, Middlesex County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07077 | $7,148 | $7,828 | $9,290 | $11,150 | $13,038 |
Source: Ownwell