Egg Harbor Township, Atlantic County, New Jersey Property Taxes
Median Egg Harbor Township, NJ effective property tax rate: 3.34%, significantly higher than the national median of 1.02%, but lower than the New Jersey state median of 2.82%.
Median Egg Harbor Township, NJ home value: $201,350
Median annual Egg Harbor Township, NJ tax bill: $6,707, $4,307 higher than the national median property tax bill of $2,400.
How are property taxes in Atlantic County calculated?
Property taxes in Egg Harbor Township, 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 Egg Harbor Township’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Egg Harbor Township, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Egg Harbor Township, Atlantic County, New Jersey Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.34%
Estimate Property Tax Bill
$6,725
$6,241
Property Tax Rates Across Egg Harbor Township, Atlantic County, New Jersey
Local government entities set tax rates, which can vary widely within a state. This variation occurs because each year, counties estimate their required budget to provide services and divide that by the total value of all taxable property within their jurisdiction. This calculation results in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is essentially the annual process.
In Egg Harbor Township, located in Atlantic County, New Jersey, the effective property tax rate is notably higher than both the state and national averages. While the national median property tax rate is 1.02%, New Jersey's rate is significantly higher, with Egg Harbor Township reflecting this trend. This high rate underscores the importance of understanding local property tax dynamics and exploring potential avenues for appeal or exemption. By comparing Egg Harbor Township’s effective property tax rate to other cities within New Jersey and the national median, property owners can gain valuable insights into their tax liabilities and consider strategies to manage them effectively.
Property Tax Rates Across Egg Harbor Township, Atlantic County, New Jersey
Source: Ownwell
1.01%
2.97%
4.94%
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 Egg Harbor Township Tax Rate
3.34%
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 Atlantic County Tax Rate
3.23%
Median Effective New Jersey Tax Rate
2.82%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Egg Harbor Township, Atlantic County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08234 | 3.33% | 3.33% | 3.33% | 3.34% | 3.34% |
Source: Ownwell
Property Tax Assessment Values Across Egg Harbor Township, Atlantic County, New Jersey
When examining property taxes in Egg Harbor Township, 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 Atlantic County Tax Board 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 Atlantic 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 Egg Harbor Township.
For example, the median home price in Egg Harbor Township is $201,350, with tax bills ranging significantly across the county. Zip code 08234 has the highest median home price at $201,350.
Property Tax Assessment Values Across Egg Harbor Township, Atlantic County, New Jersey
Source: Ownwell
$104,600
$357,300
$610,000
Median Egg Harbor Township Market Value
$201,350
Median Atlantic County Market Value
$186,700
Median New Jersey Market Value
$282,900
Median United States Market Value
$235,294
Property Tax Assessment Values Across Egg Harbor Township, Atlantic County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08234 | $102,200 | $152,100 | $201,350 | $254,200 | $298,900 |
Source: Ownwell
Property Tax Bills Across Egg Harbor Township, Atlantic County, New Jersey
Property Tax Bills Across Egg Harbor Township, Atlantic County, New Jersey
Source: Ownwell
$3,867
$6,498
$9,128
Median Egg Harbor Township Tax Bill
$6,707
Median Atlantic County Tax Bill
$5,716
Median New Jersey Tax Bill
$8,227
Median United States Tax Bill
$2,400
Property Tax Bills Across Egg Harbor Township, Atlantic County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08234 | $3,440 | $5,059 | $6,707 | $8,474 | $9,962 |
Source: Ownwell