Mount Arlington, Morris County, New Jersey Property Taxes

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

Median Mount Arlington, NJ effective property tax rate: 2.74%, significantly higher than the national median of 1.02%, but lower than the NJ state median of 2.82%.
Median Mount Arlington, NJ home value: $280,500
Median annual Mount Arlington, NJ tax bill: $7,423, $5,023 higher than the national median property tax bill of $2,400.

How are property taxes in Morris County calculated?

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

Last Updated March 1, 2025

Mount Arlington, Morris County, New Jersey Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.96%

Estimate Property Tax Bill

$7,091

$6,581

Ownwell’s Mount Arlington Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Mount Arlington with just two data points.

By entering your property's estimated assessed value, our calculator applies Mount Arlington’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 Morris County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Mount Arlington, Morris County, New Jersey

Local government entities are responsible for setting tax rates, leading to significant variations within a state. This is due to each county's annual estimation of the budget required to provide essential services. They divide this budget by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. Although votes and laws play a role in determining tax rates and budgets, this is essentially the yearly process.

In Mount Arlington, located in Morris County, the effective property tax rate stands out when compared to other cities in New Jersey. With a median tax rate of 2.74%, it surpasses the national median property tax rate of 1.02%. This higher rate reflects the state's overall trend, as New Jersey is known for having some of the highest property taxes in the country. Understanding these rates is crucial for property owners, as they directly impact the annual tax bill, which in Mount Arlington, is significantly above the national median bill of $2400.

Property Tax Rates Across Mount Arlington, Morris County, New Jersey

Source: Ownwell

1.16%

2.30%

3.45%

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 Mount Arlington Tax Rate

1.96%

Median Effective Morris County Tax Rate

2.60%

Median Effective New Jersey Tax Rate

2.88%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Mount Arlington, Morris County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
07856	1.96%	1.96%	1.96%	1.96%	1.96%

Source: Ownwell

Property Tax Assessment Values Across Mount Arlington, Morris County, New Jersey

When examining property taxes in Mount Arlington, 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 May. 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 Mount Arlington.

For example, the median home price in Mount Arlington is $280,500, with tax bills ranging significantly across the county. 07856 has the highest median home price at $280,500.

Property Tax Assessment Values Across Mount Arlington, Morris County, New Jersey

Source: Ownwell

$222,300

$851,800

$1,481,300

Median Mount Arlington Market Value

$361,800

Median Morris County Market Value

$411,600

Median New Jersey Market Value

$288,200

Median United States Market Value

$235,294

Property Tax Assessment Values Across Mount Arlington, Morris County, New Jersey

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
07856	$253,100	$306,050	$361,800	$449,700	$711,820

Source: Ownwell

Property Tax Bills Across Mount Arlington, Morris County, New Jersey

In Mount Arlington, NJ, property taxes are calculated based on the assessed value of a home and the local tax rate. With a median home price of $280,500, the property tax bill is significantly influenced by the local tax rate. The tax bill in Morris County can range widely, with the 25th percentile at $5,505 and the 75th percentile reaching $9,262. The 90th percentile tax bill soars to $11,956, highlighting the potential financial impact on homeowners. The median tax bill in the area is $7,423, considerably higher than the national median of $2,400. This disparity underscores the substantial burden property taxes can place on homeowners in the region. Homeowners may feel the pinch as these taxes can affect their overall financial well-being. Ownwell can assist homeowners by appealing their property tax assessments, potentially lowering their tax bills. By leveraging expertise in local tax laws and assessment procedures, Ownwell aims to help homeowners secure significant savings and alleviate the financial strain of high property taxes.

Property Tax Bills Across Mount Arlington, Morris County, New Jersey

Source: Ownwell

$6,529

$15,270

$24,010

Median Mount Arlington Tax Bill

$7,097

Median Morris County Tax Bill

$10,340

Median New Jersey Tax Bill

$8,638

Median United States Tax Bill

$2,400

Property Tax Bills Across Mount Arlington, Morris County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
07856	$5,001	$6,043	$7,097	$8,889	$14,126

Source: Ownwell