Hampton, Warren County, New Jersey Property Taxes
Median HAMPTON, NJ effective property tax rate: 3.77%, significantly higher than the national median of 1.02%, but lower than the New Jersey state median of 2.82%.
Median HAMPTON, NJ home value: $321,650
Median annual HAMPTON, NJ tax bill: $12,077, $9,677 higher than the national median property tax bill of $2,400.
How are property taxes in Warren calculated?
Property taxes in HAMPTON, 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 HAMPTON’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in HAMPTON, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Hampton, Warren County, New Jersey Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
4.03%
Estimate Property Tax Bill
$13,376
$12,412
Property Tax Rates Across Hampton, Warren County, New Jersey
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 Hampton Tax Rate
4.03%
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
1.02%
Property Tax Rates Across Hampton, Warren County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08827 | 3.96% | 4.03% | 4.03% | 4.03% | 4.03% |
Source: Ownwell
Property Tax Assessment Values Across Hampton, Warren County, New Jersey
When examining property taxes in Hampton, 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 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 Hampton. For example, the median home price in Hampton is $321,650, with tax bills ranging significantly across the county. Zip code 08827 has the highest median home price at $321,650.
Property Tax Assessment Values Across Hampton, Warren County, New Jersey
Source: Ownwell
$144,350
$238,125
$331,900
Median Hampton Market Value
$331,900
Median Warren County Market Value
$206,900
Median New Jersey Market Value
$288,200
Median United States Market Value
$235,294
Property Tax Assessment Values Across Hampton, Warren County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08827 | $214,020 | $262,800 | $331,900 | $376,400 | $394,580 |
Source: Ownwell
Property Tax Bills Across Hampton, Warren County, New Jersey
In Hampton, NJ, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. Factors such as recent home sales, property improvements, and market conditions can influence the assessed value. Homeowners in Hampton face a median property tax bill of $12,077, significantly higher than the national median of $2,400. This can place a substantial financial burden on homeowners, especially when compared to the national median property tax rate of 1.02%.
Ownwell can assist homeowners by providing expert property tax appeal services. By analyzing property assessments and comparable sales data, Ownwell can identify opportunities for tax reductions. If discrepancies are found, Ownwell will file an appeal on behalf of the homeowner, potentially lowering their tax bill. This service not only helps homeowners save money but also ensures they are not overpaying on their property taxes.
Median Hampton Tax Bill
$13,066
Median Warren County Tax Bill
$7,155
Median New Jersey Tax Bill
$8,638
Median United States Tax Bill
$2,400
Property Tax Bills Across Hampton, Warren County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08827 | $8,634 | $10,601 | $13,066 | $14,926 | $15,884 |
Source: Ownwell