Lyndhurst, Bergen County, New Jersey Property Taxes

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

Median Lyndhurst, NJ effective property tax rate: 3.17%, significantly higher than the national median of 1.02%, but lower than the New Jersey state median of 2.82%.
Median Lyndhurst, NJ home value: $292,500
Median annual Lyndhurst, NJ tax bill: $9,275, $6,875 higher than the national median property tax bill of $2,400.

How are property taxes in Bergen calculated?

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

Last Updated March 1, 2025

Lyndhurst, Bergen County, New Jersey Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

3.17%

Estimate Property Tax Bill

$9,272

$8,604

Ownwell’s Lyndhurst Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Lyndhurst with just two data points. By entering your property's estimated assessed value, our calculator applies Lyndhurst’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 Lyndhurst, Bergen County, New Jersey

Local government entities set tax rates, which can vary widely within a state. This is because each county estimates its required budget annually 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.

Lyndhurst in Bergen County, NJ, stands out with a notably high median property tax rate of 3.17%. This is significantly above the national median property tax rate of 1.02%. The elevated rate in Lyndhurst reflects the county's approach to meeting its budgetary needs. Homeowners in Lyndhurst face a property tax bill that is considerably higher than the national median of $2,400. This comparison highlights the financial commitment required from property owners in this area. Understanding these rates is crucial for homeowners and potential buyers in Lyndhurst, as it directly impacts the overall cost of owning property. By staying informed, property owners can make educated decisions about their investments in this region.

Property Tax Rates Across Lyndhurst, 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 Lyndhurst Tax Rate

3.17%

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 Lyndhurst, Bergen County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
07071	3.17%	3.17%	3.17%	3.17%	3.17%

Source: Ownwell

Property Tax Assessment Values Across Lyndhurst, Bergen County, New Jersey

When examining property taxes in Lyndhurst, 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 appraisal district 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 May. 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 Lyndhurst.

For example, the median home price in Lyndhurst is $292,500, with tax bills ranging significantly across the county. Zip code 07071 has the highest median home price at $292,500.

Property Tax Assessment Values Across Lyndhurst, Bergen County, New Jersey

Source: Ownwell

$256,600

$1,236,600

$2,216,600

Median Lyndhurst Market Value

$292,500

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 Lyndhurst, Bergen County, New Jersey

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
07071	$234,260	$259,800	$292,500	$346,600	$420,760

Source: Ownwell

Property Tax Bills Across Lyndhurst, Bergen County, New Jersey

In Lyndhurst, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The tax rate in Bergen County is applied to this assessed value to determine the annual property tax bill. With a median home price of $292,500, Lyndhurst homeowners face a significant tax burden, as the median property tax bill is $9,275, far above the national median of $2,400. Factors such as property size, location, and market conditions influence the assessed value, which in turn affects the tax bill. Homeowners in Lyndhurst are particularly impacted by these high taxes, with bills ranging from $8,238 at the 25th percentile to $13,338 at the 90th percentile. Ownwell can assist homeowners by reviewing their property assessments and identifying opportunities for tax appeals or exemptions. By leveraging expert knowledge and local data, Ownwell helps ensure that homeowners are not overpaying, potentially saving them thousands on their property tax bills.

Property Tax Bills Across Lyndhurst, Bergen County, New Jersey

Source: Ownwell

$4,393

$11,280

$18,167

Median Lyndhurst Tax Bill

$9,275

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 Lyndhurst, Bergen County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
07071	$7,424	$8,238	$9,275	$10,988	$13,338

Source: Ownwell