Haledon, Passaic County, New Jersey Property Taxes

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

Median Haledon, NJ effective property tax rate: 5.04%, significantly higher than the national median of 1.02%, but lower than the NJ state median of 2.82%.
Median Haledon, NJ home value: $225,100
Median annual Haledon, NJ tax bill: $11,234, $8,834 higher than the national median property tax bill of $2,400.

How are property taxes in Passaic calculated?

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

Last Updated March 1, 2025

Haledon, Passaic County, New Jersey Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

5.04%

Estimate Property Tax Bill

$11,345

$10,528

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

Property Tax Rates Across Haledon, Passaic County, New Jersey

Local government entities set tax rates, which can vary widely within a state. This happens because each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. In Haledon, located in Passaic County, New Jersey, the effective property tax rate stands at an impressive 5.04%. This rate is significantly higher than both the national median property tax rate of 1.02% and the national median property tax bill of $2,400. New Jersey is known for having some of the highest property tax rates in the country, and Haledon's rate exemplifies this trend. By comparing Haledon's property tax rate to other cities in New Jersey and the median property tax rates in New Jersey and the U.S., it becomes evident why property tax appeal and exemption services are vital for homeowners in this region.

Property Tax Rates Across Haledon, Passaic County, New Jersey

Source: Ownwell

2.44%

4.07%

5.71%

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 Haledon Tax Rate

5.04%

Median Effective Passaic County Tax Rate

4.57%

Median Effective New Jersey Tax Rate

2.82%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Haledon, Passaic County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
07508	4.91%	5.04%	5.04%	5.04%	5.04%

Source: Ownwell

Property Tax Assessment Values Across Haledon, Passaic County, New Jersey

When examining property taxes in Haledon, 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 Passaic County appraisers estimate 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: Passaic 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 Haledon. For example, the median home price in Haledon is $225,100, with tax bills ranging significantly across the county. 07508 has the highest median home price at $225,100.

Property Tax Assessment Values Across Haledon, Passaic County, New Jersey

Source: Ownwell

$89,900

$237,000

$384,100

Median Haledon Market Value

$225,100

Median Passaic County Market Value

$226,800

Median New Jersey Market Value

$282,900

Median United States Market Value

$235,294

Property Tax Assessment Values Across Haledon, Passaic County, New Jersey

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
07508	$170,420	$197,000	$225,100	$264,425	$310,560

Source: Ownwell

Property Tax Bills Across Haledon, Passaic County, New Jersey

In Haledon, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. This assessed value is then multiplied by the property tax rate set by Passaic County. Homeowners in Haledon face a significant tax burden, with median property tax bills reaching $11,234, well above the national median of $2,400. The tax bills vary widely, with the 25th percentile at $9,839 and the 90th percentile at $15,124. These figures highlight the financial impact on homeowners, who must budget for these substantial expenses annually. Factors influencing tax bills include changes in property values, local government budgets, and school district funding requirements. Ownwell assists homeowners by identifying potential savings through property tax appeals and exemptions. By analyzing property assessments and market conditions, Ownwell can help reduce over-assessed values, ensuring homeowners pay only their fair share. This service not only alleviates financial pressure but also provides peace of mind for Haledon residents.

Property Tax Bills Across Haledon, Passaic County, New Jersey

Source: Ownwell

$3,830

$9,088

$14,346

Median Haledon Tax Bill

$11,234

Median Passaic County Tax Bill

$9,911

Median New Jersey Tax Bill

$8,227

Median United States Tax Bill

$2,400

Property Tax Bills Across Haledon, Passaic County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
07508	$8,452	$9,839	$11,234	$13,166	$15,124

Source: Ownwell