Property Taxes in Asbury, New Jersey
Median Asbury, New Jersey effective property tax rate: 3.17%, significantly higher than the national median of 1.02%, and higher than the New Jersey state median of 2.88%.
Median Asbury, New Jersey home value: $272,800
Median annual Asbury, New Jersey tax bill: $8,767, $6,367 higher than the national median property tax bill of $2,400.
How are property taxes in Warren calculated?
Property taxes in Asbury, 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 Asbury's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Asbury, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Asbury Property Tax Calculator Work?
Use this Asbury property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Asbury's median effective tax rate of 3.17% — based on actual property records in Warren 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 Asbury's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Asbury's tax rate is higher than New Jersey's median rate of 2.88%, and the median property tax bill is $8,767, which is $6,367 higher than the state median bill. Your bill may vary by ZIP code within Asbury: rates range from 3.17% in 08802 to 3.17% in 08802.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Asbury.
About Asbury Property Taxes
About Property Taxes in Asbury, Warren, New Jersey
Asbury’s median effective property tax rate of 3.17% is higher than the New Jersey state median of 2.88% and higher than the national median of 1.02%. This rate reflects the Warren 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 Asbury. Homeowners in the 08802 ZIP code carry a median effective rate of 3.17%, while those in the same ZIP also pay 3.17%. This reflects how school district boundaries and local assessment districts are drawn across Warren County. Understanding which part of Asbury you live in can make a meaningful difference to your annual tax bill.
Asbury homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the April 1, 2026 deadline each year.
If your estimated bill above 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 Asbury, Warren 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 Asbury'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 Asbury Tax Rate
3.17%
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
3.55%
Median Effective New Jersey Tax Rate
2.88%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Asbury, Warren County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08802 | 3.17% | 3.17% | 3.17% | 3.17% | 3.17% |
Source: Ownwell
Property Tax Assessment Values Across Asbury, Warren County, New Jersey
When examining property taxes in Asbury, 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 Warren 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 Warren County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of January.
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. For example, the median home price in Asbury is $272,800, with tax bills ranging significantly across the county. 08802 has the highest median home price at $272,800.
Property Tax Assessment Values Across Asbury, Warren County, New Jersey
Source: Ownwell
$144,350
$238,125
$331,900
Median Asbury Market Value
$272,800
Median Warren County Market Value
$206,900
Median New Jersey Market Value
$288,200
Median United States Market Value
$274,101
Property Tax Assessment Values Across Asbury, Warren County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08802 | $178,260 | $225,500 | $272,800 | $425,100 | $510,800 |
Source: Ownwell
Property Tax Bills Across Asbury, Warren County, New Jersey
Property tax bills in Asbury are based on the assessed value of a home and the local tax rate set by Warren County and other taxing authorities. The bill is determined by multiplying the assessed value by the applicable tax rate, so changes in home value or local budgets can affect what homeowners owe.
With a median home price of $272,800, property taxes in Asbury can be substantial. The median tax bill is $8,767, which is well above the national median property tax bill of $2,400 and the national median property tax rate of 1.02%. That means homeowners here often pay more than many households across the country.
Property taxes help fund local services, including schools, roads, and public safety. For homeowners, a higher assessed value can lead to a higher bill, even if the home has not been sold. Understanding how the assessment and tax rate work is important because it can directly affect monthly housing costs and long-term affordability.
Median Asbury Tax Bill
$8,767
Median Warren County Tax Bill
$7,155
Median New Jersey Tax Bill
$8,638
Median United States Tax Bill
$3,209
Property Tax Bills Across Asbury, Warren County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08802 | $5,783 | $7,211 | $8,767 | $13,493 | $16,213 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 1 |
Links | |
|---|---|
| Warren Tax Assessor | |
| Website | www.warrencountynj.gov |