Allentown, Burlington County, New Jersey Property Taxes

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

Median Allentown, NJ effective property tax rate: 2.22%, significantly higher than the national median of 1.02%, but lower than the New Jersey state median of 2.82%.
Median Allentown, NJ home value: $337,900
Median annual Allentown, NJ tax bill: $7,498, $5,098 higher than the national median property tax bill of $2,400.

How are property taxes in Burlington calculated?

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

Last Updated March 1, 2025

Allentown, Burlington County, New Jersey Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.22%

Estimate Property Tax Bill

$7,501

$6,961

Ownwell’s Allentown Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Allentown with just two data points.

By entering your property's estimated assessed value, our calculator applies Allentown’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 Burlington County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Allentown, Burlington 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 Allentown’s effective property tax rate to other cities in New Jersey and the median property tax rates in New Jersey and the U.S. Allentown, located in Burlington County, has a median property tax rate of 2.22%, significantly higher than the national median of 1.02%. This means homeowners in Allentown pay a larger portion of their property's assessed value in taxes compared to the national average. The higher tax rate reflects the local government's budgetary needs and the value of taxable properties in the area. Understanding these rates is crucial for homeowners when budgeting for annual expenses, and it highlights the importance of exploring property tax appeal options to potentially reduce tax burdens.

Property Tax Rates Across Allentown, Burlington County, New Jersey

Source: Ownwell

1.28%

2.71%

4.13%

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 Allentown Tax Rate

2.22%

Median Effective Burlington County Tax Rate

3.07%

Median Effective New Jersey Tax Rate

2.82%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Allentown, Burlington County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
08501	2.22%	2.22%	2.22%	2.22%	2.22%

Source: Ownwell

Property Tax Assessment Values Across Allentown, Burlington County, New Jersey

When examining property taxes in ALLENTOWN, 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 Burlington 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.

In Burlington 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 ALLENTOWN. For example, the median home price in ALLENTOWN is $337,900, with tax bills ranging significantly across the county. Zip code 08501 has the highest median home price at $337,900.

Property Tax Assessment Values Across Allentown, Burlington County, New Jersey

Source: Ownwell

$151,800

$279,500

$407,200

Median Allentown Market Value

$337,900

Median Burlington County Market Value

$210,600

Median New Jersey Market Value

$282,900

Median United States Market Value

$235,294

Property Tax Assessment Values Across Allentown, Burlington County, New Jersey

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
08501	$205,740	$272,300	$337,900	$403,000	$492,260

Source: Ownwell

Property Tax Bills Across Allentown, Burlington County, New Jersey

In Allentown, NJ, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The tax rate is applied to this assessed value, resulting in the annual tax bill. In Burlington County, the median property tax bill is $7,498, significantly higher than the national median of $2,400. Factors such as the home's size, location, and market conditions influence the assessed value. Homeowners in Allentown face tax bills ranging from $6,042 at the 25th percentile to $10,923 at the 90th percentile. This financial burden can affect homeowners' budgets and long-term financial planning.

Ownwell can assist homeowners in reducing their property tax bills by identifying potential discrepancies in the assessed value and filing appeals on their behalf. By leveraging expert knowledge and local data, Ownwell ensures homeowners pay only their fair share, potentially saving them thousands of dollars. This service not only alleviates financial pressure but also provides peace of mind, knowing that property taxes are accurately assessed.

Property Tax Bills Across Allentown, Burlington County, New Jersey

Source: Ownwell

$2,983

$7,892

$12,800

Median Allentown Tax Bill

$7,498

Median Burlington County Tax Bill

$6,846

Median New Jersey Tax Bill

$8,227

Median United States Tax Bill

$2,400

Property Tax Bills Across Allentown, Burlington County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
08501	$4,565	$6,042	$7,498	$8,943	$10,923

Source: Ownwell