Hamburg, Sussex County, New Jersey Property Taxes
Median Hamburg, NJ effective property tax rate: 2.99%, significantly higher than the national median of 1.02%, but lower than the New Jersey state median of 2.82%.
Median Hamburg, NJ home value: $202,150
Median annual Hamburg, NJ tax bill: $6,719, $4,319 higher than the national median property tax bill of $2,400.
How are property taxes in Sussex calculated?
Property taxes in Hamburg, 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 Hamburg’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Hamburg, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Hamburg, Sussex County, New Jersey Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.99%
Estimate Property Tax Bill
$6,044
$5,609
Property Tax Rates Across Hamburg, Sussex 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. This calculation results in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is the annual process. Below, you can compare Hamburg’s effective property tax rate to other cities in New Jersey and the median property tax rates in New Jersey and the U.S.
In Hamburg, located in Sussex County, property owners face a significant property tax rate. The median property tax rate in this area is notably higher than the national median property tax rate of 1.02%. This means property owners in Hamburg are likely paying substantially more in property taxes compared to the average U.S. homeowner. The tax rates in Hamburg are among the highest in the state, reflecting the local government's budgetary needs and the value of taxable properties. Understanding these rates can help homeowners anticipate their annual expenses and explore potential savings through property tax appeals or exemptions.
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 Hamburg Tax Rate
2.99%
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 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 Hamburg, Sussex County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07419 | 2.99% | 2.99% | 2.99% | 4.56% | 4.56% |
Source: Ownwell
Property Tax Assessment Values Across Hamburg, Sussex County, New Jersey
When examining property taxes in Hamburg, 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 Hamburg.
For example, the median home price in Hamburg is $202,150, with tax bills ranging significantly across the county. Zip code 07419 has the highest median home price at $202,150.
Property Tax Assessment Values Across Hamburg, Sussex County, New Jersey
Source: Ownwell
$156,900
$263,075
$369,250
Median Hamburg Market Value
$202,150
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 Hamburg, Sussex County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07419 | $113,700 | $162,000 | $202,150 | $265,300 | $348,500 |
Source: Ownwell
Property Tax Bills Across Hamburg, Sussex County, New Jersey
In Hamburg, Sussex County, NJ, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in Hamburg is $202,150, and homeowners typically face a tax bill of around $6,719, which significantly exceeds the national median property tax bill of $2,400. This high tax burden can be attributed to the local tax rate and the assessed values. Tax bills can vary significantly, with the 25th percentile at $5,400 and the 75th percentile reaching $9,025, indicating a range of tax liabilities depending on specific property assessments and exemptions.
Factors influencing the tax bill include property size, location, and any applicable exemptions. These taxes can be a considerable financial burden for homeowners, impacting their overall financial planning. Ownwell offers a solution by providing property tax appeal and exemption services. By analyzing property assessments and identifying potential errors or overlooked exemptions, Ownwell helps homeowners reduce their tax bills, ensuring they pay only their fair share and potentially saving them a significant amount of money.
Median Hamburg Tax Bill
$6,719
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 Hamburg, Sussex County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07419 | $4,522 | $5,400 | $6,719 | $9,025 | $10,853 |
Source: Ownwell