Pilesgrove, Salem County, New Jersey Property Taxes

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

Median Pilesgrove, NJ effective property tax rate: 3.49%, significantly higher than the national median of 1.02%, but lower than the NJ state median of 2.82%.
Median Pilesgrove, NJ home value: $266,800
Median annual Pilesgrove, NJ tax bill: $9,052, $6,652 higher than the national median property tax bill of $2,400.

How are property taxes in Salem calculated?

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

Last Updated March 1, 2025

Pilesgrove, Salem County, New Jersey Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

3.49%

Estimate Property Tax Bill

$9,311

$8,641

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

Property Tax Rates Across Pilesgrove, Salem County, New Jersey

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting 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 Pilesgrove, located in Salem County, New Jersey, the effective property tax rate is notably higher compared to the national median. New Jersey, known for having some of the highest property tax rates in the country, reflects this trend in Pilesgrove. The effective property tax rate here is significantly above the national median, highlighting the state's reputation. Homeowners in this area might find their property tax bills to be considerably higher than those in other parts of the country. Comparing Pilesgrove’s effective property tax rate to other cities in New Jersey and the median property tax rates in New Jersey and the U.S. can provide valuable insights for homeowners and potential buyers. Understanding these differences is crucial for making informed decisions about property investments and financial planning.

Property Tax Rates Across Pilesgrove, Salem County, New Jersey

Source: Ownwell

1.62%

3.19%

4.75%

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 Pilesgrove Tax Rate

3.49%

Median Effective Salem County Tax Rate

3.71%

Median Effective New Jersey Tax Rate

2.82%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Pilesgrove, Salem County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
08098	3.18%	3.36%	3.49%	3.49%	3.49%

Source: Ownwell

Property Tax Assessment Values Across Pilesgrove, Salem County, New Jersey

When examining property taxes in Pilesgrove, 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 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. In Salem County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Pilesgrove. For example, the median home price in Pilesgrove is $266,800, with tax bills ranging significantly across the county. Zip code 08098 has the highest median home price at $266,800.

Property Tax Assessment Values Across Pilesgrove, Salem County, New Jersey

Source: Ownwell

$89,450

$178,125

$266,800

Median Pilesgrove Market Value

$266,800

Median Salem County Market Value

$154,700

Median New Jersey Market Value

$282,900

Median United States Market Value

$235,294

Property Tax Assessment Values Across Pilesgrove, Salem County, New Jersey

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
08098	$158,900	$203,200	$266,800	$337,600	$414,700

Source: Ownwell

Property Tax Bills Across Pilesgrove, Salem County, New Jersey

In Pilesgrove, NJ, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. The assessed value is then multiplied by the local tax rate to calculate the annual tax bill. Pilesgrove homeowners face property tax bills significantly higher than the national median of $2,400, with median bills reaching $9,052. Factors influencing these tax bills include the home's market value, any exemptions or abatements, and local government budgets. For instance, while the 25th percentile tax bill is around $6,831, the 75th percentile can soar to $11,601, and the 90th percentile hits $14,315. Such high property taxes can strain homeowners' budgets, making it crucial to explore potential savings. Ownwell assists homeowners by providing expert property tax appeal services, potentially lowering their assessed values and, consequently, their tax bills. By leveraging local market data and appealing inaccuracies in assessments, Ownwell helps homeowners in Pilesgrove reduce their financial burden and achieve tax savings.

Property Tax Bills Across Pilesgrove, Salem County, New Jersey

Source: Ownwell

$1,408

$5,230

$9,052

Median Pilesgrove Tax Bill

$9,052

Median Salem County Tax Bill

$5,715

Median New Jersey Tax Bill

$8,227

Median United States Tax Bill

$2,400

Property Tax Bills Across Pilesgrove, Salem County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
08098	$5,294	$6,831	$9,052	$11,601	$14,315

Source: Ownwell