Property Taxes in Pedricktown, New Jersey
Median Pedricktown, New Jersey effective property tax rate: 2.62%, significantly lower than the national median of 1.02%, and lower than the New Jersey state median of 2.88%.
Median Pedricktown, New Jersey home value: $184,100
Median annual Pedricktown, New Jersey tax bill: $4,765, higher by $2,365 than the national median property tax bill of $2,400.
How are property taxes in Salem calculated?
Property taxes in Pedricktown, 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 Pedricktown's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Pedricktown, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Pedricktown Property Tax Calculator Work?
Use this Pedricktown property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Pedricktown's median effective tax rate of 2.62% — based on actual property records in Salem County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Pedricktown'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 Pedricktown: rates range from 2.62% in 08067 to 2.62% in 08067, 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 Pedricktown.
About Pedricktown Property Taxes
About Property Taxes in Pedricktown, Salem, New Jersey
Pedricktown’s median effective property tax rate of 2.62% is lower than the New Jersey state median of 2.88% and higher than the national median of 1.02%. This rate reflects the Salem 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 Pedricktown. Homeowners in the 08067 ZIP code carry a median effective rate of 2.62%, while those in the same ZIP code pay 2.62%. This spread — 0 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Salem County. Understanding which part of Pedricktown you live in can make a meaningful difference to your annual tax bill.
Pedricktown 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 Pedricktown, Salem 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 Pedricktown'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 Pedricktown Tax Rate
2.62%
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 Salem County Tax Rate
3.97%
Median Effective New Jersey Tax Rate
2.88%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Pedricktown, Salem County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08067 | 2.50% | 2.62% | 2.62% | 2.62% | 2.62% |
Source: Ownwell
Property Tax Assessment Values Across Pedricktown, Salem County, New Jersey
When examining property taxes in Pedricktown, 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 Salem 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.
Assessment notices:
In Salem 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 Pedricktown.
For example, the median home price in Pedricktown is $184,100, with tax bills ranging significantly across the county. 08067 has the highest median home price at $184,100.
Property Tax Assessment Values Across Pedricktown, Salem County, New Jersey
Source: Ownwell
$94,400
$181,450
$268,500
Median Pedricktown Market Value
$184,100
Median Salem County Market Value
$151,600
Median New Jersey Market Value
$288,200
Median United States Market Value
$274,101
Property Tax Assessment Values Across Pedricktown, Salem County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08067 | $93,820 | $136,525 | $184,100 | $252,025 | $314,090 |
Source: Ownwell
Property Tax Bills Across Pedricktown, Salem County, New Jersey
Property tax bills in Pedricktown are based on the assessed value of a home and the local tax rate set by the county and other taxing authorities. For homeowners, the bill is calculated by multiplying the assessed value by the applicable property tax rate, which means two homes with different assessed values can owe very different amounts even if they are in the same area.
In Pedricktown, the median home price is $184,100, and the median property tax bill is $4,765. That is higher than the national median property tax bill of $2,400 and above the national median property tax rate of 1.02%, showing how local assessments and rates can raise costs for homeowners.
Property tax bills can also vary widely within the city. The 25th percentile bill is $3,493, while the 75th percentile bill is $6,555 and the 90th percentile bill is $8,111. This range shows how property taxes can affect household budgets differently depending on a home’s assessed value and location.
Median Pedricktown Tax Bill
$4,765
Median Salem County Tax Bill
$5,981
Median New Jersey Tax Bill
$8,638
Median United States Tax Bill
$3,209
Property Tax Bills Across Pedricktown, Salem County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08067 | $2,296 | $3,493 | $4,765 | $6,555 | $8,111 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 1 |
Links | |
|---|---|
| Salem Tax Assessor | |
| Website | newjersey.maps.arcgis.com |