Kingston, Somerset County, New Jersey Property Taxes

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

Median Kingston, NJ effective property tax rate: 2.05%, significantly higher than the national median of 1.02%, but lower than the New Jersey state median of 2.82%.
Median Kingston, NJ home value: $334,900
Median annual Kingston, NJ tax bill: $6,813, $4,413 higher than the national median property tax bill of $2,400.

How are property taxes in Somerset calculated?

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

Last Updated March 1, 2025

Kingston, Somerset County, New Jersey Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.05%

Estimate Property Tax Bill

$6,865

$6,371

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

Property Tax Rates Across Kingston, Somerset 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 Kingston’s effective property tax rate to other cities in New Jersey and the median property tax rates in New Jersey and the U.S. Kingston, located in Somerset County, has a property tax rate that is significantly higher than the national median. The state's median property tax rate is also one of the highest in the country, reflecting the state's reliance on property taxes to fund local services. This can result in substantial property tax bills for homeowners. Understanding these rates can help property owners in Kingston and across New Jersey make informed decisions about property investments and tax appeals.

Property Tax Rates Across Kingston, Somerset County, New Jersey

Source: Ownwell

1.35%

2.72%

4.08%

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 Kingston Tax Rate

2.05%

Median Effective Somerset County Tax Rate

2.05%

Median Effective New Jersey Tax Rate

2.82%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Kingston, Somerset County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
08528	1.86%	2.05%	2.05%	2.05%	2.05%

Source: Ownwell

Property Tax Assessment Values Across Kingston, Somerset County, New Jersey

When examining property taxes in Kingston, 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 Somerset 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: Somerset County assessment notices are sent 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 Kingston. For example, the median home price in Kingston is $334,900, with tax bills ranging significantly across the county. Zip code 08528 has the highest median home price at $334,900.

Property Tax Assessment Values Across Kingston, Somerset County, New Jersey

Source: Ownwell

$230,000

$621,625

$1,013,250

Median Kingston Market Value

$334,900

Median Somerset County Market Value

$415,100

Median New Jersey Market Value

$282,900

Median United States Market Value

$235,294

Property Tax Assessment Values Across Kingston, Somerset County, New Jersey

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
08528	$264,160	$304,700	$334,900	$389,700	$475,300

Source: Ownwell

Property Tax Bills Across Kingston, Somerset County, New Jersey

In Kingston, NJ, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Kingston has a median property tax bill significantly higher than the national median, with the median tax bill at $6,813. Homeowners in Kingston face tax bills ranging from the 25th percentile at $6,063 to the 90th percentile at $9,762. These figures reflect the substantial impact of property taxes on homeowners' budgets, often surpassing the national median tax bill of $2,400. Ownwell assists homeowners by offering property tax appeal services, potentially lowering their tax burdens. By analyzing property assessments and market conditions, Ownwell helps identify discrepancies and opportunities for tax reductions. This service can lead to significant savings, ensuring homeowners in Kingston pay only their fair share in property taxes.

Property Tax Bills Across Kingston, Somerset County, New Jersey

Source: Ownwell

$4,735

$12,659

$20,582

Median Kingston Tax Bill

$6,813

Median Somerset County Tax Bill

$9,311

Median New Jersey Tax Bill

$8,227

Median United States Tax Bill

$2,400

Property Tax Bills Across Kingston, Somerset County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
08528	$5,340	$6,063	$6,813	$7,700	$9,762

Source: Ownwell