Alpha, Warren County, New Jersey Property Taxes
Median ALPHA, NJ effective property tax rate: 4.05%, significantly higher than the national median of 1.02%, but lower than the New Jersey state median of 2.82%.
Median ALPHA, NJ home value: $191,150
Median annual ALPHA, NJ tax bill: $7,186, $4,786 higher than the national median property tax bill of $2,400.
How are property taxes in Warren calculated?
Property taxes in ALPHA, 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 ALPHA’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in ALPHA, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Alpha, Warren County, New Jersey Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
4.05%
Estimate Property Tax Bill
$7,742
$7,184
Property Tax Rates Across Alpha, Warren County, New Jersey
Local government entities determine tax rates, and these can vary significantly within a state. Each year, counties estimate their required budget for services and divide it by the total value of all taxable property within their jurisdiction to calculate the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.
In ALPHA, located in Warren County, NJ, the effective property tax rate is notably high compared to the national median of 1.02%. With a median tax rate of 4.05%, ALPHA stands out in New Jersey, a state known for having one of the highest property tax rates in the country. This rate is consistent across the county, as evidenced by the uniformity in the highest and lowest median tax rates, both at 4.05%.
When comparing ALPHA’s property tax rate to other cities in New Jersey, it becomes clear that property owners in this area face a substantial tax burden. Understanding these rates is crucial for property owners looking to manage their tax liabilities effectively.
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 Alpha Tax Rate
4.05%
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 Warren County Tax Rate
3.47%
Median Effective New Jersey Tax Rate
2.82%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Alpha, Warren County, New Jersey
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
08865 | 2.97% | 3.38% | 4.05% | 4.09% | 4.09% |
Source: Ownwell
Property Tax Assessment Values Across Alpha, Warren County, New Jersey
When examining property taxes in ALPHA, 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 Warren County Board of Taxation 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 Warren 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 ALPHA. For example, the median home price in ALPHA is $191,150, with tax bills ranging significantly across the county. Zip code 08865 has the highest median home price at $191,150.
Property Tax Assessment Values Across Alpha, Warren County, New Jersey
Source: Ownwell
$150,800
$241,250
$331,700
Median Alpha Market Value
$191,150
Median Warren County Market Value
$207,000
Median New Jersey Market Value
$282,900
Median United States Market Value
$235,294
Property Tax Assessment Values Across Alpha, Warren County, New Jersey
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
08865 | $119,940 | $144,950 | $191,150 | $251,850 | $338,460 |
Source: Ownwell
Property Tax Bills Across Alpha, Warren County, New Jersey
Median Alpha Tax Bill
$7,186
Median Warren County Tax Bill
$6,901
Median New Jersey Tax Bill
$8,227
Median United States Tax Bill
$2,400
Property Tax Bills Across Alpha, Warren County, New Jersey
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
08865 | $4,453 | $5,559 | $7,186 | $9,629 | $11,745 |
Source: Ownwell