Trenton, Burlington County, New Jersey Property Taxes

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

Median Trenton, NJ effective property tax rate: 3.49%, significantly higher than the national median of 1.02%, but lower than the New Jersey state median of 2.82%.
Median Trenton, NJ home value: $218,050
Median annual Trenton, NJ tax bill: $7,644, $5,244 higher than the national median property tax bill of $2,400.

How are property taxes in Burlington calculated?

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

Last Updated March 1, 2025

Trenton, Burlington County, New Jersey Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

3.49%

Estimate Property Tax Bill

$7,610

$7,062

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

Local government entities set property tax rates, which can significantly vary within a state. This variation occurs 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 votes and laws are involved in setting these rates and budgets, this is the essence of the annual process.

In Trenton, located in Burlington County, NJ, the effective property tax rate stands at 3.49%. This rate is notably higher compared to the national median property tax rate of 1.02%. Consequently, homeowners in Trenton face a more substantial tax burden than many other parts of the country. Furthermore, the median property tax bill in Trenton is significantly above the national median of $2,400, reflecting the higher rate.

Comparing Trenton’s property tax rate to other cities in New Jersey, it’s evident that the tax rate is consistent across the area, as both the highest and lowest median tax rates in the county are the same at 3.49%. This uniformity highlights the importance of understanding local tax policies and their impact on property owners.

Property Tax Rates Across Trenton, 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 Trenton Tax Rate

3.49%

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 Trenton, Burlington County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
08610	3.49%	3.49%	3.49%	3.49%	3.49%
08620	3.49%	3.49%	3.49%	3.49%	3.49%
08638	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

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

When examining property taxes in Trenton, 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's 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 Trenton.

For example, the median home price in Trenton is $218,050, with tax bills ranging significantly across the county. Zip code 08620 has the highest median home price at $240,500.

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

Source: Ownwell

$151,800

$279,500

$407,200

Median Trenton Market Value

$218,050

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 Trenton, Burlington County, New Jersey

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
08610	$144,650	$160,275	$176,400	$198,675	$223,650
08620	$151,160	$186,600	$240,500	$293,000	$335,640
08638	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Trenton, Burlington County, New Jersey

In Trenton, NJ, property tax bills are calculated based on the assessed value of a home, multiplied by the local tax rate. The assessed value is determined by the city and reflects the property's market value. Trenton's property tax bills are notably higher than the national median, with a 25th percentile tax bill of $6,010 and a 75th percentile reaching $9,848. The highest median tax bill in the area is $8,398 in zip code 08620, while the lowest is $6,160 in zip code 08610. These figures highlight the significant financial impact on homeowners, especially when compared to the national median property tax bill of $2,400. Ownwell can assist homeowners in Trenton by reviewing their property's assessed value to ensure accuracy and identifying potential exemptions or errors. By filing appeals and advocating for fair assessments, Ownwell helps homeowners potentially lower their tax bills, providing much-needed financial relief in a region with high property taxes.

Property Tax Bills Across Trenton, Burlington County, New Jersey

Source: Ownwell

$2,983

$7,892

$12,800

Median Trenton Tax Bill

$7,644

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 Trenton, Burlington County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
08610	$5,051	$5,597	$6,160	$6,933	$7,810
08620	$5,279	$6,516	$8,398	$10,232	$11,721
08638	N/A	N/A	N/A	N/A	N/A

Source: Ownwell