East Rutherford, Bergen County, New Jersey Property Taxes

Name: Property Tax Bills Across East Rutherford, Bergen County, New Jersey
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median East Rutherford, NJ effective property tax rate: 1.75%, significantly higher than the national median of 1.02%, but lower than the New Jersey state median of 2.82%.
Median East Rutherford, NJ home value: $423,650
Median annual East Rutherford, NJ tax bill: $7,415, $5,015 higher than the national median property tax bill of $2,400.

How are property taxes in Bergen calculated?

Property taxes in East Rutherford, 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 East Rutherford’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in East Rutherford, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

East Rutherford, Bergen County, New Jersey Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.75%

Estimate Property Tax Bill

$7,414

$6,880

Ownwell’s East Rutherford Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in East Rutherford with just two data points. By entering your property's estimated assessed value, our calculator applies East Rutherford’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Bergen County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across East Rutherford, Bergen County, New Jersey

Local government entities set tax rates, which can vary widely within a state. 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 East Rutherford’s effective property tax rate to other cities in New Jersey and the median property tax rates in New Jersey and the U.S. East Rutherford, located in Bergen County, has an effective property tax rate of 1.75%. This rate is notably higher than the national median property tax rate of 1.02%. For residents, this translates into a higher property tax bill compared to the national median. However, this rate is reflective of the quality of services and infrastructure provided in the area. Understanding these rates can empower homeowners to make informed decisions about property ownership and potential savings through tax appeals.

Property Tax Rates Across East Rutherford, Bergen County, New Jersey

Source: Ownwell

0.74%

2.48%

4.23%

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 East Rutherford Tax Rate

1.75%

Median Effective Bergen County Tax Rate

2.73%

Median Effective New Jersey Tax Rate

2.82%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across East Rutherford, Bergen County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
07073	1.75%	1.75%	1.75%	1.75%	1.75%

Source: Ownwell

Property Tax Assessment Values Across East Rutherford, Bergen County, New Jersey

When examining property taxes in East Rutherford, 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 Bergen 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.

In Bergen County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 East Rutherford.

For example, the median home price in East Rutherford is $423,650, with tax bills ranging significantly across the county. Zip code 07073 has the highest median home price at $423,650.

Property Tax Assessment Values Across East Rutherford, Bergen County, New Jersey

Source: Ownwell

$256,600

$1,236,600

$2,216,600

Median East Rutherford Market Value

$423,650

Median Bergen County Market Value

$421,800

Median New Jersey Market Value

$282,900

Median United States Market Value

$235,294

Property Tax Assessment Values Across East Rutherford, Bergen County, New Jersey

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
07073	$299,000	$363,450	$423,650	$486,000	$556,150

Source: Ownwell

Property Tax Bills Across East Rutherford, Bergen County, New Jersey

In East Rutherford, NJ, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the tax rate set by Bergen County. The tax bill can vary significantly, with the 25th percentile at $6,352 and the 75th percentile at $8,510, reflecting the influence of home value and local tax rates. The median tax bill in East Rutherford is $7,415, which is significantly higher than the national median of $2,400, highlighting the substantial financial impact on homeowners.

For homeowners facing these high tax bills, Ownwell offers a valuable service by providing property tax appeal and exemption services. By analyzing property assessments and identifying discrepancies or opportunities for exemptions, Ownwell can help homeowners potentially reduce their tax liabilities. This not only eases the financial burden but also ensures homeowners are not overpaying on their property taxes. With expert guidance, Ownwell empowers homeowners to navigate the complexities of property taxation effectively.

Property Tax Bills Across East Rutherford, Bergen County, New Jersey

Source: Ownwell

$4,393

$11,280

$18,167

Median East Rutherford Tax Bill

$7,415

Median Bergen County Tax Bill

$11,253

Median New Jersey Tax Bill

$8,227

Median United States Tax Bill

$2,400

Property Tax Bills Across East Rutherford, Bergen County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
07073	$5,232	$6,352	$7,415	$8,510	$9,725

Source: Ownwell