Port Murray, Warren County, New Jersey Property Taxes
Property Taxes in Port Murray, New Jersey
Median Port Murray, New Jersey effective property tax rate: 3.55%, significantly higher than the national median of 1.02%, and higher than the New Jersey state median of 2.88%.
Median Port Murray, New Jersey home value: $219,500
Median annual Port Murray, New Jersey tax bill: $7,775, $5,375 higher than the national median property tax bill of $2,400.
How are property taxes in Warren County calculated?
Property taxes in Port Murray, 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 Port Murray's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Port Murray, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Port Murray, Warren County, New Jersey Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.55%
Estimate Property Tax Bill
$7,792
$7,231
How Does the Port Murray Property Tax Calculator Work?
Use this Port Murray property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Port Murray's median effective tax rate of 3.55% — based on actual property records in Warren County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment office uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Port Murray's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Port Murray: rates range from 3.55% in 07865 to 3.55% in 07865, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Port Murray.
About Port Murray Property Taxes
About Property Taxes in Port Murray, Warren, New Jersey
Port Murray’s median effective property tax rate of 3.55% 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 Port Murray. Homeowners in ZIP code 07865 carry a median effective rate of 3.55%, while those in 07865 pay 3.55%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Warren County. Understanding which part of Port Murray you live in can make a meaningful difference to your annual tax bill.
Port Murray homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before April 1, 2026.
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 Port Murray, 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 Port Murray'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 Port Murray Tax Rate
3.55%
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 Port Murray, Warren County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07865 | 3.55% | 3.55% | 3.55% | 3.55% | 3.55% |
Source: Ownwell
Property Tax Assessment Values Across Port Murray, Warren County, New Jersey
When examining property taxes in Port Murray, 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 Port Murray is $219,500, with tax bills ranging significantly across the county. 07865 has the highest median home price at $219,500.
Property Tax Assessment Values Across Port Murray, Warren County, New Jersey
Source: Ownwell
$144,350
$238,125
$331,900
Median Port Murray Market Value
$219,500
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 Port Murray, Warren County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07865 | $113,300 | $157,400 | $219,500 | $303,800 | $358,400 |
Source: Ownwell
Property Tax Bills Across Port Murray, Warren County, New Jersey
Property tax bills in Port Murray are calculated by applying the local tax rate to the assessed value of a home, which is based on its market value. The assessed value is then multiplied by the tax rate set by local governments, and the resulting bill helps fund services such as schools, roads, and public safety.
For homeowners, this means a higher assessed value usually leads to a higher property tax bill. In Port Murray, the median home price is $219,500, and property tax bills are well above the national median property tax bill of $2,400. The 25th percentile tax bill is $5,584, while the 75th percentile is $10,773 and the 90th percentile is $12,826.
These figures show how property taxes can significantly affect monthly housing costs and long-term affordability. Because the bill depends on both home value and local tax rates, even similar homes can have very different property tax burdens.
Median Port Murray Tax Bill
$7,775
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 Port Murray, Warren County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07865 | $4,010 | $5,584 | $7,775 | $10,773 | $12,826 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 1 |
Links | |
|---|---|
| Warren Tax Assessor | |
| Website | www.warrencountynj.gov |