Property Taxes in Newton, New Jersey
Median Newton, New Jersey effective property tax rate: 3.16%, significantly higher than the national median of 1.02%, and higher than the New Jersey state median of 2.88%.
Median Newton, New Jersey home value: $239,800
Median annual Newton, New Jersey tax bill: $7,635, $5,235 higher than the national median property tax bill of $2,400.
How are property taxes in Sussex calculated?
Property taxes in Newton, New Jersey 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 Newton's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Newton, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Newton Property Tax Calculator Work?
Use this Newton property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Newton's median effective tax rate of 3.16% — based on actual property records in Sussex County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment system uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Newton's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Newton: rates range from 3.16% in 07860 to 3.16% in 07860, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Newton.
About Newton Property Taxes
About Property Taxes in Newton, Sussex, New Jersey
Newton’s median effective property tax rate of 3.16% is higher than the New Jersey state median of 2.88% and higher than the national median of 1.02%. This rate reflects the Sussex County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Newton. Homeowners in the 07860 ZIP code carry a median effective rate of 3.16%, while those in the lowest ZIP also pay 3.16%. This spread reflects how school district boundaries and local assessment districts are drawn across Sussex County. Understanding which part of Newton you live in can make a meaningful difference to your annual tax bill.
Newton homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the April 1, 2026 deadline each year.
If your estimated bill seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Newton, Sussex 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 Newton's effective property tax rate to other cities in New Jersey and the median property tax rates in New Jersey and the U.S.
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 Newton Tax Rate
3.16%
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
2.89%
Median Effective New Jersey Tax Rate
2.88%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Newton, Sussex County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07860 | 2.63% | 2.92% | 3.16% | 3.51% | 4.06% |
Source: Ownwell
Property Tax Assessment Values Across Newton, Sussex County, New Jersey
When examining property taxes in Newton, New Jersey, 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, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of February.
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 Newton.
For example, the median home price in Newton is $239,800, with tax bills ranging significantly across the county. 07860 has the highest median home price at $239,800.
Property Tax Assessment Values Across Newton, Sussex County, New Jersey
Source: Ownwell
$171,600
$294,725
$417,850
Median Newton Market Value
$239,800
Median Sussex County Market Value
$254,000
Median New Jersey Market Value
$288,200
Median United States Market Value
$274,101
Property Tax Assessment Values Across Newton, Sussex County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07860 | $82,010 | $170,900 | $239,800 | $313,100 | $391,990 |
Source: Ownwell
Property Tax Bills Across Newton, Sussex County, New Jersey
Property tax bills in Newton are based on the assessed value of a home and the local tax rate set by taxing authorities. When a property is reassessed, the bill can change if the assessed value rises or falls, even if the homeowner has not made any major changes to the home.
With a median home price of $239,800, homeowners in Newton face property tax bills that are well above the national median property tax bill of $2,400. The 25th percentile tax bill is $5,620, the 75th percentile is $9,673, and the 90th percentile reaches $12,410.
These bills affect homeowners by increasing the ongoing cost of owning a home and can make budgeting more difficult, especially when assessed values climb. In Sussex County, the median tax bill is $7,635 in ZIP code 07860, showing how property taxes can remain a major expense for Newton homeowners.
Median Newton Tax Bill
$7,635
Median Sussex County Tax Bill
$7,164
Median New Jersey Tax Bill
$8,638
Median United States Tax Bill
$3,209
Property Tax Bills Across Newton, Sussex County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07860 | $2,589 | $5,620 | $7,635 | $9,673 | $12,410 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 1 |
Links | |
|---|---|
| Sussex Tax Assessor | |
| Website | www.sussex.nj.us |