Burlington, Burlington County, New Jersey Property Taxes

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

Median Burlington, NJ effective property tax rate: 2.97%, significantly higher than the national median of 1.02%, but lower than the NJ state median of 2.82%.
Median Burlington, NJ home value: $205,900
Median annual Burlington, NJ tax bill: $6,567, $4,167 higher than the national median property tax bill of $2,400.

How are property taxes in Burlington calculated?

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

Last Updated March 1, 2025

Burlington, Burlington County, New Jersey Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.97%

Estimate Property Tax Bill

$6,115

$5,675

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

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

Local government entities set tax rates, which can vary widely within a state. 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 Burlington’s effective property tax rate to other cities in New Jersey and the median property tax rates in New Jersey and the U.S. Burlington's property tax rate stands out as it is significantly higher than the national median property tax rate of 1.02%. This means that property owners in Burlington face a higher tax burden compared to the average U.S. property owner. Understanding these rates is crucial for property owners looking to manage their expenses effectively. By knowing where Burlington stands in comparison to both state and national levels, property owners can make more informed decisions when it comes to property tax appeals and exemptions.

Property Tax Rates Across Burlington, 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 Burlington Tax Rate

2.97%

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 Burlington, Burlington County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
08016	2.97%	2.97%	2.97%	4.21%	4.21%

Source: Ownwell

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

When examining property taxes in Burlington, 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 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. Assessment notices: 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 Burlington. For example, the median home price in Burlington is $205,900, with tax bills ranging significantly across the county. Zip code 08016 has the highest median home price at $205,900.

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

Source: Ownwell

$151,800

$279,500

$407,200

Median Burlington Market Value

$205,900

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 Burlington, Burlington County, New Jersey

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
08016	$83,300	$140,100	$205,900	$269,100	$331,250

Source: Ownwell

Property Tax Bills Across Burlington, Burlington County, New Jersey

In Burlington, 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 property tax bill. Burlington County's property tax bills can vary significantly, with the 25th percentile at $5,006 and the 75th percentile reaching $8,296. This variance highlights the impact of property taxes on homeowners, with some paying significantly more than the national median property tax bill of $2,400. The highest median tax bill in Burlington is $6,567, which is notably above the national average. These differences underscore the importance for homeowners to ensure their property is assessed correctly. Ownwell offers expert property tax appeal and exemption services, helping homeowners potentially reduce their tax bills. By reviewing assessments and identifying discrepancies, Ownwell can assist homeowners in Burlington in saving money on their property taxes, providing relief from the financial burden of high property tax bills.

Property Tax Bills Across Burlington, Burlington County, New Jersey

Source: Ownwell

$2,983

$7,892

$12,800

Median Burlington Tax Bill

$6,567

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 Burlington, Burlington County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
08016	$3,394	$5,006	$6,567	$8,296	$10,061

Source: Ownwell