Berkeley Heights, Union County, New Jersey Property Taxes

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

Median Berkeley Heights, NJ effective property tax rate: 4.20%, significantly higher than the national median of 1.02%, but lower than the New Jersey state median of 2.82%.
Median Berkeley Heights, NJ home value: $288,800
Median annual Berkeley Heights, NJ tax bill: $12,013, $9,613 higher than the national median property tax bill of $2,400.

How are property taxes in Union calculated?

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

Last Updated March 1, 2025

Berkeley Heights, Union County, New Jersey Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

4.2%

Estimate Property Tax Bill

$12,130

$11,256

Ownwell’s Berkeley Heights Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Berkeley Heights with just two data points.

By entering your property's estimated assessed value, our calculator applies Berkeley Heights’ 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 Union County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Berkeley Heights, Union County, New Jersey

Local government entities in New Jersey set tax rates, which can vary widely within the state. Each year, counties estimate their required budgets to provide essential services and divide that by the total value of all taxable property within their 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. Berkeley Heights in Union County stands out with an effective property tax rate of 4.20%. Compared to the national median property tax rate of 1.02%, Berkeley Heights' rate is significantly higher. This indicates a more substantial investment in community services and infrastructure. The property tax rate in Berkeley Heights is also the highest in its zip code, 07922. Understanding these rates is crucial for property owners looking to manage their expenses effectively. By comparing Berkeley Heights' property tax rate to other cities in New Jersey and the median rates in the state and the U.S., property owners can gain valuable insights into their tax obligations and potential savings opportunities.

Property Tax Rates Across Berkeley Heights, Union County, New Jersey

Source: Ownwell

2.00%

6.64%

11.29%

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 Berkeley Heights Tax Rate

4.20%

Median Effective Union County Tax Rate

6.95%

Median Effective New Jersey Tax Rate

2.82%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Berkeley Heights, Union County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
07922	3.92%	4.20%	4.20%	4.20%	4.20%

Source: Ownwell

Property Tax Assessment Values Across Berkeley Heights, Union County, New Jersey

When examining property taxes in Berkeley Heights, 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 Union 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 Union 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 Berkeley Heights.

For example, the median home price in Berkeley Heights is $288,800, with tax bills ranging significantly across the county. 07922 has the highest median home price at $288,800.

Property Tax Assessment Values Across Berkeley Heights, Union County, New Jersey

Source: Ownwell

$54,000

$394,450

$734,900

Median Berkeley Heights Market Value

$288,800

Median Union County Market Value

$138,900

Median New Jersey Market Value

$282,900

Median United States Market Value

$235,294

Property Tax Assessment Values Across Berkeley Heights, Union County, New Jersey

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
07922	$203,000	$245,200	$288,800	$356,300	$449,320

Source: Ownwell

Property Tax Bills Across Berkeley Heights, Union County, New Jersey

In Berkeley Heights, Union County, NJ, property tax bills are calculated based on the assessed value of a home, which is then multiplied by the local tax rate. The median home price in this area is $288,800. However, homeowners face a median property tax bill of $12,013, significantly higher than the national median of $2,400. This discrepancy can be attributed to the local tax rate and the assessed value of properties. Factors like location, property size, and improvements can influence the assessed value, impacting the final tax bill. For homeowners, this means a substantial portion of their budget goes towards property taxes, which can be challenging. Ownwell steps in to assist homeowners in reducing their property tax bills by appealing for a reassessment or identifying exemptions they may qualify for. By leveraging expertise in property tax laws and local market conditions, Ownwell can potentially save homeowners a considerable amount, easing their financial burden and ensuring fair taxation.

Property Tax Bills Across Berkeley Heights, Union County, New Jersey

Source: Ownwell

$4,283

$10,029

$15,775

Median Berkeley Heights Tax Bill

$12,013

Median Union County Tax Bill

$10,366

Median New Jersey Tax Bill

$8,227

Median United States Tax Bill

$2,400

Property Tax Bills Across Berkeley Heights, Union County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
07922	$8,259	$10,048	$12,013	$14,880	$18,812

Source: Ownwell