Evesham, Burlington County, New Jersey Property Taxes
Median Evesham, NJ effective property tax rate: 3.07%, significantly higher than the national median of 1.02%, but lower than the NJ state median of 2.82%.
Median Evesham, NJ home value: $261,000
Median annual Evesham, NJ tax bill: $8,010, $5,610 higher than the national median property tax bill of $2,400.
How are property taxes in Burlington calculated?
Property taxes in Evesham, 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 Evesham’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Evesham, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Evesham, Burlington County, New Jersey Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.07%
Estimate Property Tax Bill
$8,013
$7,436
Property Tax Rates Across Evesham, Burlington County, New Jersey
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 Evesham Tax Rate
3.07%
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 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 Evesham, Burlington County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08053 | 3.07% | 3.07% | 3.07% | 3.07% | 3.07% |
Source: Ownwell
Property Tax Assessment Values Across Evesham, Burlington County, New Jersey
When examining property taxes in Evesham, 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 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 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 Evesham.
For example, the median home price in Evesham is $261,000, with tax bills ranging significantly across the county. Zip code 08053 has the highest median home price at $261,000.
Property Tax Assessment Values Across Evesham, Burlington County, New Jersey
Source: Ownwell
$151,800
$279,500
$407,200
Median Evesham Market Value
$261,000
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 Evesham, Burlington County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08053 | $239,800 | $250,800 | $261,000 | $272,725 | $326,200 |
Source: Ownwell
Property Tax Bills Across Evesham, Burlington County, New Jersey
In Evesham, NJ, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is typically a percentage of the home's market value, and the local tax rate is set by various taxing authorities within the region. Homeowners in Evesham face a median property tax bill of $8,010, which is significantly higher than the national median property tax bill of $2,400. This can place a considerable financial burden on homeowners, especially when compared to the national median property tax rate of 1.02%.
Factors such as changes in the real estate market, local government budgets, and school funding needs can influence property tax rates and assessments. For homeowners looking to manage these expenses, Ownwell offers expert property tax appeal services. By analyzing property assessments and market conditions, Ownwell helps homeowners identify potential savings and file appeals to reduce their property tax bills. This service can be invaluable in ensuring homeowners are not overpaying and can alleviate some of the financial pressure associated with high property taxes.
Median Evesham Tax Bill
$8,010
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 Evesham, Burlington County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08053 | $7,359 | $7,697 | $8,010 | $8,348 | $10,011 |
Source: Ownwell