Branchville, Sussex County, New Jersey Property Taxes

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

Median Branchville, NJ effective property tax rate: 2.82%, significantly higher than the national median of 1.02%, but lower than the NJ state median of 2.82%.
Median Branchville, NJ home value: $247,150
Median annual Branchville, NJ tax bill: $6,698, $4,298 higher than the national median property tax bill of $2,400.

How are property taxes in Sussex calculated?

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

Last Updated March 1, 2025

Branchville, Sussex County, New Jersey Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.82%

Estimate Property Tax Bill

$6,970

$6,468

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

Property Tax Rates Across Branchville, Sussex County, New Jersey

Local government entities determine tax rates, and these can vary significantly within a state. Each county annually estimates its required budget for services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Though votes and laws are involved in setting these rates and budgets, this is the essential process followed each year.

In Branchville, Sussex County, New Jersey, the effective property tax rate is notably higher than the national median. With a median property tax rate of 2.82%, Branchville stands out compared to other cities and counties in the state and across the country. This rate reflects the local government's need to fund public services, which can include schools, public safety, and infrastructure maintenance.

For property owners in Branchville, understanding these tax rates is crucial, as they directly impact annual tax bills. Comparing Branchville's rate to the national median of 1.02% provides perspective on the local tax burden. This insight can help property owners make informed decisions about appealing their property assessments or seeking exemptions to manage their tax liabilities effectively.

Property Tax Rates Across Branchville, Sussex County, New Jersey

Source: Ownwell

2.81%

3.52%

4.23%

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 Branchville Tax Rate

2.82%

Median Effective Sussex County Tax Rate

3.40%

Median Effective New Jersey Tax Rate

2.82%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Branchville, Sussex County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
07826	2.36%	2.81%	2.81%	2.82%	2.82%
07827	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Branchville, Sussex County, New Jersey

When examining property taxes in Branchville, 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 Sussex 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 Sussex 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 Branchville.

For example, the median home price in Branchville is $247,150, with tax bills ranging significantly across the county. The 07826 zip code has the highest median home price at $247,200.

Property Tax Assessment Values Across Branchville, Sussex County, New Jersey

Source: Ownwell

$156,900

$263,075

$369,250

Median Branchville Market Value

$247,150

Median Sussex County Market Value

$229,300

Median New Jersey Market Value

$282,900

Median United States Market Value

$235,294

Property Tax Assessment Values Across Branchville, Sussex County, New Jersey

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
07826	$145,590	$195,400	$247,200	$321,675	$415,330
07827	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Branchville, Sussex County, New Jersey

In Branchville, Sussex County, 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. With a median home price of $247,150, homeowners in Branchville face tax bills that can vary significantly. The 25th percentile tax bill is $5,275, while the 75th percentile reaches $8,976, and the 90th percentile is as high as $11,533. This is substantially higher than the national median property tax bill of $2,400, reflecting New Jersey's overall higher property tax rates. Such high property taxes can place a significant financial burden on homeowners. Ownwell can help homeowners in Branchville reduce their property tax bills by providing professional property tax appeal services. By challenging the assessed value, Ownwell can help ensure that homeowners are not overpaying, potentially saving them thousands of dollars annually.

Property Tax Bills Across Branchville, Sussex County, New Jersey

Source: Ownwell

$4,514

$7,658

$10,801

Median Branchville Tax Bill

$6,698

Median Sussex County Tax Bill

$7,518

Median New Jersey Tax Bill

$8,227

Median United States Tax Bill

$2,400

Property Tax Bills Across Branchville, Sussex County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
07826	$4,061	$5,279	$6,708	$8,976	$11,540
07827	N/A	N/A	N/A	N/A	N/A

Source: Ownwell