Glasser, Sussex County, New Jersey Property Taxes

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

Median Glasser, NJ effective property tax rate: 3.43%, significantly higher than the national median of 1.02%, but lower than the NJ state median of 2.82%.
Median Glasser, NJ home value: $161,800
Median annual Glasser, NJ tax bill: $5,550, $3,150 higher than the national median property tax bill of $2,400.

How are property taxes in Sussex calculated?

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

Last Updated March 1, 2025

Glasser, Sussex County, New Jersey Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.87%

Estimate Property Tax Bill

$4,483

$4,160

Ownwell’s Glasser Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Glasser with just two data points. By entering your property's estimated assessed value, our calculator applies Glasser’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 Glasser, Sussex County, New Jersey

Local government entities set tax rates, and these can vary significantly within a state. The reason? Annually, each county determines its required budget to provide essential services and divides it by the total value of all taxable property within its jurisdiction. This calculation gives rise to the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is essentially the annual process. In Glasser, part of Sussex County, the effective property tax rate is remarkably high compared to other cities in New Jersey. The median property tax rate in Glasser stands at 3.43%, which is significantly higher than the national median property tax rate of 1.02%. This means that property owners in Glasser face one of the highest tax burdens in the state and the nation. Understanding these rates can help property owners anticipate their tax liabilities and explore potential savings through appeals or exemptions.

Property Tax Rates Across Glasser, Sussex County, New Jersey

Source: Ownwell

1.87%

2.92%

3.97%

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 Glasser Tax Rate

1.87%

Median Effective Sussex County Tax Rate

2.89%

Median Effective New Jersey Tax Rate

2.88%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Glasser, Sussex County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
07837	1.63%	1.71%	1.87%	2.28%	2.47%

Source: Ownwell

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

When examining property taxes in Glasser, 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 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 Sussex County 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 Glasser. For example, the median home price in Glasser is $161,800, with tax bills ranging significantly across the county. Zip code 07837 has the highest median home price at $161,800.

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

Source: Ownwell

$171,600

$294,725

$417,850

Median Glasser Market Value

$239,750

Median Sussex County Market Value

$254,000

Median New Jersey Market Value

$288,200

Median United States Market Value

$235,294

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

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
07837	$7,310	$26,725	$239,750	$366,100	$492,520

Source: Ownwell

Property Tax Bills Across Glasser, Sussex County, New Jersey

In Glasser, NJ, property tax bills are determined by assessing the market value of a home and applying the local tax rate. With a median home price of $161,800, homeowners in Glasser face property tax bills that can vary significantly. The 25th percentile tax bill is $3,911, while the 75th percentile reaches $6,605, and the 90th percentile soars to $8,774. These figures are well above the national median property tax bill of $2,400, highlighting the burden on homeowners in this area. Property taxes are influenced by factors such as local government budgets, school funding, and community services, which are funded through these taxes. Homeowners can feel the pinch as these costs add up, especially when compared to the national median property tax rate of 1.02%. Ownwell offers a solution by providing property tax appeal and exemption services, helping homeowners potentially lower their tax bills. By analyzing property assessments and identifying discrepancies, Ownwell can assist homeowners in securing fairer tax obligations, easing the financial load.

Property Tax Bills Across Glasser, Sussex County, New Jersey

Source: Ownwell

$4,323

$7,475

$10,627

Median Glasser Tax Bill

$4,323

Median Sussex County Tax Bill

$7,164

Median New Jersey Tax Bill

$8,638

Median United States Tax Bill

$2,400

Property Tax Bills Across Glasser, Sussex County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
07837	$172	$690	$4,323	$6,273	$9,370

Source: Ownwell