Flanders, Morris County, New Jersey Property Taxes
Median Flanders, NJ effective property tax rate: 3.36%, significantly higher than the national median of 1.02%, but lower than the New Jersey state median of 2.82%.
Median Flanders, NJ home value: $361,100
Median annual Flanders, NJ tax bill: $10,686, $8,286 higher than the national median property tax bill of $2,400.
How are property taxes in Morris calculated?
Property taxes in Flanders, 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 Flanders’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Flanders, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Flanders, Morris County, New Jersey Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.36%
Estimate Property Tax Bill
$12,133
$11,259
Property Tax Rates Across Flanders, Morris County, New Jersey
Local government entities set property tax rates, which can vary significantly within a state. This variation occurs because each county annually estimates its necessary budget to fund services and divides it by the total value of all taxable property within its jurisdiction. This calculation forms the property tax rate. While votes and laws play a role in determining tax rates and budgets, this is the essence of the yearly process.
In Flanders, located in Morris County, New Jersey, the effective property tax rate stands out when compared to other cities in the state and the national median. With a median property tax rate of 3.36%, Flanders significantly exceeds the national median property tax rate of 1.02%. This places it among the highest in the nation. The property tax rate in Flanders is consistent with the county's highest and lowest rates, both recorded at 3.36%. For property owners in Flanders, understanding these rates is crucial for financial planning and exploring potential savings through tax appeals or exemptions.
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 Flanders Tax Rate
3.36%
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 Morris County Tax Rate
2.63%
Median Effective New Jersey Tax Rate
2.82%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Flanders, Morris County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07836 | 2.63% | 3.15% | 3.36% | 3.36% | 3.36% |
Source: Ownwell
Property Tax Assessment Values Across Flanders, Morris County, New Jersey
When examining property taxes in Flanders, 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 Morris 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 Morris 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 Flanders.
For example, the median home price in Flanders is $361,100, with tax bills ranging significantly across the county. ZIP code 07836 has the highest median home price at $361,100.
Property Tax Assessment Values Across Flanders, Morris County, New Jersey
Source: Ownwell
$215,900
$831,650
$1,447,400
Median Flanders Market Value
$361,100
Median Morris County Market Value
$381,800
Median New Jersey Market Value
$282,900
Median United States Market Value
$235,294
Property Tax Assessment Values Across Flanders, Morris County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07836 | $258,600 | $285,400 | $361,100 | $457,100 | $543,380 |
Source: Ownwell
Property Tax Bills Across Flanders, Morris County, New Jersey
In Flanders, NJ, property tax bills are calculated based on the assessed value of a home and the local tax rate set by Morris County. The assessed value is determined by the county assessor, reflecting the property's market value. Homeowners in Flanders face a median property tax bill of $10,686, significantly higher than the national median of $2,400. This high tax bill can be attributed to the area's robust real estate market and the county's tax rate. Factors such as property improvements, neighborhood changes, and local government budgets can influence tax bills, impacting homeowners financially.
Ownwell assists homeowners in Flanders by offering property tax appeal and exemption services, potentially reducing their tax burden. By analyzing property assessments and comparing them to similar properties, Ownwell identifies discrepancies and advocates for fair tax evaluations. This service can lead to substantial savings for homeowners, ensuring they only pay their fair share in property taxes.
Median Flanders Tax Bill
$10,686
Median Morris County Tax Bill
$9,778
Median New Jersey Tax Bill
$8,227
Median United States Tax Bill
$2,400
Property Tax Bills Across Flanders, Morris County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07836 | $8,157 | $9,255 | $10,686 | $14,214 | $17,613 |
Source: Ownwell