Piscataway, Union County, New Jersey Property Taxes

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

Median Piscataway, NJ effective property tax rate: 8.46%, significantly higher than the national median of 1.02%, but lower than the NJ state median of 2.82%.
Median Piscataway, NJ home value: $85,000
Median annual Piscataway, NJ tax bill: $7,190, $4,790 higher than the national median property tax bill of $2,400.

How are property taxes in Union calculated?

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

Last Updated March 1, 2025

Piscataway, Union County, New Jersey Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

8.46%

Estimate Property Tax Bill

$7,191

$6,673

Ownwell’s Piscataway Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Piscataway with just two data points. By entering your property's estimated assessed value, our calculator applies Piscataway’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 Union County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Piscataway, Union County, New Jersey

Local government entities set tax rates, which can vary widely within a state. This variation is largely due to each county's annual budget estimation process. Every year, counties calculate their required budget to maintain essential services and divide this by the total assessed value of all taxable properties within their jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual process.

In Piscataway, located in Middlesex County, NJ, the effective property tax rate is 2.16%, which is significantly higher than both the New Jersey state median of 2.21% and the national median of 1.02%. The median property tax bill in Piscataway is $8,930, which is considerably above both the New Jersey median of $8,928 and the national median of $2,400. These figures highlight the substantial property tax burden faced by Piscataway residents compared to other regions. Understanding these rates and how they compare can help property owners make informed decisions about their property tax appeals and exemptions.

Property Tax Rates Across Piscataway, 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 Piscataway Tax Rate

8.46%

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 Piscataway, Union County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
08854	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Piscataway, Union County, New Jersey

When examining property taxes in Piscataway, 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 March. 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 Piscataway. For example, the median home price in Piscataway is $85,000, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Piscataway, Union County, New Jersey

Source: Ownwell

$54,000

$394,450

$734,900

Median Piscataway Market Value

$85,000

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 Piscataway, Union County, New Jersey

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
08854	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Piscataway, Union County, New Jersey

In Piscataway, NJ, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the home's market value, which is determined by the local tax assessor. Homeowners in Piscataway face a median property tax bill of $7,190, significantly higher than the national median of $2,400. This can place a substantial financial burden on residents, especially when compared to the national median property tax rate of 1.02%. Factors such as changes in the real estate market, local government budgets, and school funding can influence property tax rates and, consequently, the tax bills. Ownwell can assist homeowners by reviewing their property assessments and identifying opportunities for appeals or exemptions. By leveraging expert knowledge and experience, Ownwell can help homeowners ensure they are not overpaying, potentially resulting in significant savings on their property tax bills. This service can be particularly valuable in areas like Piscataway, where tax bills are notably higher than the national average.

Property Tax Bills Across Piscataway, Union County, New Jersey

Source: Ownwell

$4,283

$10,029

$15,775

Median Piscataway Tax Bill

$7,190

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 Piscataway, Union County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
08854	N/A	N/A	N/A	N/A	N/A

Source: Ownwell