Stockholm, Sussex County, New Jersey Property Taxes

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

Median Stockholm, 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 Stockholm, NJ home value: $211,900
Median annual Stockholm, NJ tax bill: $6,323, $3,923 higher than the national median property tax bill of $2,400.

How are property taxes in Sussex calculated?

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

Last Updated March 1, 2025

Stockholm, Sussex County, New Jersey Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.99%

Estimate Property Tax Bill

$6,336

$5,879

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

Local government entities determine tax rates, which can differ significantly across a state. Each county annually estimates its necessary budget for services and divides that by the total value of all taxable property within its area, resulting in the property tax rate. This process, while involving votes and laws, essentially dictates the annual property tax rates.

In Stockholm, located in Sussex County, NJ, the effective property tax rate is a reflection of this process. The median property tax rate in Stockholm is 2.99%, which is notably higher than the national median of 1.02%. This substantial difference highlights the variability in property tax rates not only within the state of New Jersey but also when compared to the national average. Understanding these rates is crucial for property owners looking to manage their tax liabilities effectively. Whether you are a homeowner or an investor, being informed about these rates can aid in financial planning and potentially lead to significant savings.

Property Tax Rates Across Stockholm, 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 Stockholm Tax Rate

2.99%

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 Stockholm, Sussex County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
07460	2.82%	2.99%	2.99%	2.99%	2.99%

Source: Ownwell

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

When examining property taxes in Stockholm, 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 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: 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 Stockholm. For example, the median home price in Stockholm is $211,900, with tax bills ranging significantly across the county. 07460 has the highest median home price at $211,900.

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

Source: Ownwell

$156,900

$263,075

$369,250

Median Stockholm Market Value

$211,900

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 Stockholm, Sussex County, New Jersey

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
07460	$108,460	$159,750	$211,900	$284,700	$348,580

Source: Ownwell

Property Tax Bills Across Stockholm, Sussex County, New Jersey

In Stockholm, Sussex County, NJ, property tax bills are calculated based on the assessed value of a home. The local tax rate is applied to this assessed value to determine the annual tax bill. Various factors such as property size, location, and improvements can influence the assessed value. Homeowners in this region face a substantial tax burden, with the median tax bill reaching $6,323, significantly higher than the national median of $2,400. This high tax rate can place a considerable financial strain on homeowners, making it essential to explore potential savings.

Ownwell offers a solution by providing property tax appeal and exemption services. By analyzing your property’s assessed value and comparing it with similar properties, Ownwell can identify discrepancies and potential overvaluations. This process can lead to a reduction in your property tax bill, easing the financial load. With expert guidance and support, homeowners can ensure they are not overpaying and can achieve significant savings on their property taxes.

Property Tax Bills Across Stockholm, Sussex County, New Jersey

Source: Ownwell

$4,514

$7,658

$10,801

Median Stockholm Tax Bill

$6,323

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 Stockholm, Sussex County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
07460	$3,258	$4,781	$6,323	$8,196	$10,007

Source: Ownwell