Property Taxes in Pompton Lakes, New Jersey
Median Pompton Lakes, New Jersey effective property tax rate: 3.84%, significantly higher than the national median of 1.02%, and higher than the New Jersey state median of 2.88%.
Median Pompton Lakes, New Jersey home value: $277,750
Median annual Pompton Lakes, New Jersey tax bill: $10,638, $8,238 higher than the national median property tax bill of $2,400.
How are property taxes in Passaic calculated?
Property taxes in Pompton Lakes, New Jersey 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 Pompton Lakes's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Pompton Lakes, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Pompton Lakes Property Tax Calculator Work?
Use this Pompton Lakes property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Pompton Lakes's median effective tax rate of 3.84% — based on actual property records in Passaic County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment office uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Pompton Lakes's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Pompton Lakes: rates range from 3.84% in 07442 to 3.84% in 07442, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Pompton Lakes.
About Pompton Lakes Property Taxes
About Property Taxes in Pompton Lakes, Passaic, New Jersey
Pompton Lakes's median effective property tax rate of 3.84% is higher than the New Jersey state median of 2.88% and higher than the national median of 1.02%. This rate reflects the Passaic County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Pompton Lakes. Homeowners in the 07442 ZIP code carry a median effective rate of 3.84%, while those in the same ZIP code pay 3.84%. This spread — 0 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Passaic County. Understanding which part of Pompton Lakes you live in can make a meaningful difference to your annual tax bill.
Pompton Lakes homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the April 1, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Pompton Lakes, Passaic County, New Jersey
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, 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.
Below, you can compare Pompton Lakes's effective property tax rate to other cities in New Jersey and the median property tax rates in New Jersey and the U.S.
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 Pompton Lakes Tax Rate
3.84%
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 Passaic County Tax Rate
4.90%
Median Effective New Jersey Tax Rate
2.88%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Pompton Lakes, Passaic County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07442 | 3.84% | 3.84% | 3.84% | 3.84% | 3.84% |
Source: Ownwell
Property Tax Assessment Values Across Pompton Lakes, Passaic County, New Jersey
When examining property taxes in Pompton Lakes, New Jersey, 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 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 Passaic County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of February.
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 Pompton Lakes.
For example, the median home price in Pompton Lakes is $277,750, with tax bills ranging significantly across the county. 07442 has the highest median home price at $277,750.
Property Tax Assessment Values Across Pompton Lakes, Passaic County, New Jersey
Source: Ownwell
$158,100
$271,100
$384,100
Median Pompton Lakes Market Value
$277,750
Median Passaic County Market Value
$228,800
Median New Jersey Market Value
$288,200
Median United States Market Value
$274,101
Property Tax Assessment Values Across Pompton Lakes, Passaic County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07442 | $161,050 | $231,375 | $277,750 | $324,925 | $386,300 |
Source: Ownwell
Property Tax Bills Across Pompton Lakes, Passaic County, New Jersey
Property tax bills in Pompton Lakes are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. That means the bill depends on both the home’s worth and the tax rate set by local taxing authorities.
For a home with a median market value of $277,750, property taxes can be substantial. The median tax bill in the area is $10,638, which is well above the national median property tax bill of $2,400 and the national median property tax rate of 1.02%. Bills also vary widely: the 25th percentile is $8,901, while the 75th percentile reaches $12,448, and the 90th percentile climbs to $14,795.
These differences show how much assessed value and local tax rates can affect homeowners. A higher tax bill can significantly increase annual housing costs, making it important for homeowners to understand how their property is assessed and whether their bill reflects the true market value of their home.
Property Tax Bills Across Pompton Lakes, Passaic County, New Jersey
Source: Ownwell
$8,365
$11,731
$15,096
Median Pompton Lakes Tax Bill
$10,638
Median Passaic County Tax Bill
$10,419
Median New Jersey Tax Bill
$8,638
Median United States Tax Bill
$3,209
Property Tax Bills Across Pompton Lakes, Passaic County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07442 | $6,221 | $8,901 | $10,638 | $12,448 | $14,795 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 1 |
Links | |
|---|---|
| Passaic Tax Assessor | |
| Website | www.taxdatahub.com |