Property Taxes in Stanhope, New Jersey
Median Stanhope, New Jersey effective property tax rate: 3.29%, significantly higher than the national median of 1.02%, and higher than the New Jersey state median of 2.88%.
Median Stanhope, New Jersey home value: $161,000
Median annual Stanhope, New Jersey tax bill: $5,295, $2,895 higher than the national median property tax bill of $2,400.
How are property taxes in Warren calculated?
Property taxes in Stanhope, 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 Stanhope's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Stanhope, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Stanhope Property Tax Calculator Work?
Use this Stanhope property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Stanhope's median effective tax rate of 3.29% — based on actual property records in Warren County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Stanhope'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 Stanhope: rates range from 3.29% in 07874 to 3.29% in 07874, 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 Stanhope.
About Stanhope Property Taxes
About Property Taxes in Stanhope, Warren, New Jersey
Stanhope’s median effective property tax rate of 3.29% 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 Stanhope. Homeowners in the 07874 ZIP code carry a median effective rate of 3.29%, while those in the same ZIP code also pay 3.29%. This spread reflects how school district boundaries and local assessment districts are drawn across Warren County. Understanding which part of Stanhope you live in can make a meaningful difference to your annual tax bill.
Stanhope homeowners who believe their assessed value is too high can file a formal appeal with the 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 Stanhope, 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 Stanhope'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 Stanhope Tax Rate
3.29%
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 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 Stanhope, Warren County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07874 | 3.14% | 3.24% | 3.29% | 3.31% | 3.32% |
Source: Ownwell
Property Tax Assessment Values Across Stanhope, Warren County, New Jersey
When examining property taxes in Stanhope, 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 assessment office 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 Stanhope is $161,000, with a median tax bill of $5,295.
Property taxes in Stanhope are well above the national median property tax bill of $2,400, making it especially important to review your notice carefully and understand how your assessed value is determined.
Property Tax Assessment Values Across Stanhope, Warren County, New Jersey
Source: Ownwell
$144,350
$238,125
$331,900
Median Stanhope Market Value
$161,000
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 Stanhope, Warren County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07874 | $125,990 | $142,500 | $161,000 | $184,850 | $643,230 |
Source: Ownwell
Property Tax Bills Across Stanhope, Warren County, New Jersey
Property tax bills in Stanhope are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. The assessed value is the starting point for determining how much a homeowner owes each year, and it can change when local officials reassess property values. Factors such as location, property characteristics, and changes in the local housing market can all influence the final bill.
For homeowners in Stanhope, the tax bill can have a major impact on annual housing costs. With a median home price of $161,000, property taxes are a significant expense, especially when compared with the national median property tax rate of 1.02% and national median property tax bill of $2,400. In Warren County, the median property tax bill is $5,295, and bills can range from $4,723 at the 25th percentile to $6,034 at the 75th percentile, with the 90th percentile reaching $20,225.
Median Stanhope Tax Bill
$5,295
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 Stanhope, Warren County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07874 | $4,211 | $4,723 | $5,295 | $6,034 | $20,225 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 1 |
Links | |
|---|---|
| Warren Tax Assessor | |
| Website | www.warrencountynj.gov |