Stratford, Camden County, New Jersey Property Taxes
Median Stratford, NJ effective property tax rate: 3.62%, significantly higher than the national median of 1.02%, but lower than the New Jersey state median of 2.82%.
Median Stratford, NJ home value: $206,006
Median annual Stratford, NJ tax bill: $7,451, $5,051 higher than the national median property tax bill of $2,400.
How are property taxes in Camden County calculated?
Property taxes in Stratford, 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 Stratford’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Stratford, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Stratford, Camden County, New Jersey Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.62%
Estimate Property Tax Bill
$7,457
$6,920
Property Tax Rates Across Stratford, Camden County, New Jersey
Local government entities are responsible for setting tax rates, which can vary significantly within a state. This variation occurs because each county estimates its necessary budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.
In Stratford, located in Camden County, New Jersey, the effective property tax rate is notably higher than the national median of 1.02%. This is reflective of the state's overall property tax landscape, where rates tend to be among the highest in the nation. Comparing Stratford’s rate to other cities in New Jersey highlights this trend. The median property tax rate in New Jersey is significantly above the national median, further emphasizing the state's reputation for high property taxes. Understanding these rates is crucial for property owners looking to manage their tax liabilities effectively.
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 Stratford Tax Rate
3.62%
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 Camden County Tax Rate
3.17%
Median Effective New Jersey Tax Rate
2.82%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Stratford, Camden County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08084 | 3.62% | 3.62% | 3.62% | 3.62% | 3.62% |
Source: Ownwell
Property Tax Assessment Values Across Stratford, Camden County, New Jersey
When examining property taxes in Stratford, 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 Camden 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 Camden County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Stratford.
For example, the median home price in Stratford is $206,006, with tax bills ranging significantly across the county. Zip code 08084 has the highest median home price at $206,006.
Property Tax Assessment Values Across Stratford, Camden County, New Jersey
Source: Ownwell
$54,570
$257,531
$460,492
Median Stratford Market Value
$206,006
Median Camden County Market Value
$216,803
Median New Jersey Market Value
$282,900
Median United States Market Value
$235,294
Property Tax Assessment Values Across Stratford, Camden County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08084 | $147,987 | $178,658 | $206,006 | $224,824 | $244,332 |
Source: Ownwell
Property Tax Bills Across Stratford, Camden County, New Jersey
Median Stratford Tax Bill
$7,451
Median Camden County Tax Bill
$7,089
Median New Jersey Tax Bill
$8,227
Median United States Tax Bill
$2,400
Property Tax Bills Across Stratford, Camden County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08084 | $5,371 | $6,462 | $7,451 | $8,130 | $8,833 |
Source: Ownwell