Mauricetown, Cumberland County, New Jersey Property Taxes

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

Median Mauricetown, NJ effective property tax rate: 2.87%, significantly higher than the national median of 1.02%, but slightly higher than the New Jersey state median of 2.82%.
Median Mauricetown, NJ home value: $173,294
Median annual Mauricetown, NJ tax bill: $4,967, $2,567 higher than the national median property tax bill of $2,400.

How are property taxes in Cumberland County calculated?

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

Last Updated March 1, 2025

Mauricetown, Cumberland County, New Jersey Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.87%

Estimate Property Tax Bill

$4,974

$4,615

Ownwell’s Mauricetown Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Mauricetown with just two data points. By entering your property's estimated assessed value, our calculator applies Mauricetown’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by Cumberland 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 Cumberland County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Mauricetown, Cumberland County, New Jersey

Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.

In Mauricetown, located in Cumberland County, NJ, property owners face an effective property tax rate of 2.87%. This rate is significantly higher than the national median property tax rate of 1.02%. Consequently, residents in Mauricetown may find themselves paying more in property taxes compared to other areas across the country. This higher rate can impact homeowners' decisions and financial planning, making it crucial to explore potential avenues for property tax appeals or exemptions. By understanding the local tax landscape and comparing it to broader state and national figures, property owners can make informed decisions to potentially reduce their tax burden.

Property Tax Rates Across Mauricetown, Cumberland County, New Jersey

Source: Ownwell

2.50%

2.86%

3.23%

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 Mauricetown Tax Rate

2.87%

Median Effective Cumberland County Tax Rate

2.69%

Median Effective New Jersey Tax Rate

2.82%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Mauricetown, Cumberland County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
08329	2.87%	2.87%	2.87%	2.87%	2.87%

Source: Ownwell

Property Tax Assessment Values Across Mauricetown, Cumberland County, New Jersey

When examining property taxes in Mauricetown, 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 Cumberland 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 Cumberland 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 Mauricetown. For example, the median home price in Mauricetown is $173,294, with tax bills ranging significantly across the county. 08329 has the highest median home price at $173,294.

Property Tax Assessment Values Across Mauricetown, Cumberland County, New Jersey

Source: Ownwell

$113,856

$190,277

$266,697

Median Mauricetown Market Value

$173,294

Median Cumberland County Market Value

$168,564

Median New Jersey Market Value

$282,900

Median United States Market Value

$235,294

Property Tax Assessment Values Across Mauricetown, Cumberland County, New Jersey

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
08329	$107,460	$141,150	$173,294	$216,310	$263,342

Source: Ownwell

Property Tax Bills Across Mauricetown, Cumberland County, New Jersey

In Mauricetown, Cumberland County, NJ, property tax bills are determined by assessing the property's market value and applying the local tax rate. The median home price in this area is $173,294, which contributes to the calculation of the property tax bill. Homeowners in Mauricetown face a significant financial obligation, with the median tax bill reaching $4,967. This figure is considerably higher than the national median property tax bill of $2,400, reflecting the region's higher tax rate. Factors such as the property's location, size, and improvements can influence the assessed value, ultimately affecting the tax bill. Homeowners may face tax bills ranging from the 25th percentile at $4,046 to the 90th percentile at $7,548, depending on these factors. Ownwell can assist homeowners by identifying potential savings through property tax appeals and exemptions. By leveraging local expertise, Ownwell helps ensure that homeowners are not overpaying on their property taxes, potentially saving them thousands of dollars annually.

Property Tax Bills Across Mauricetown, Cumberland County, New Jersey

Source: Ownwell

$3,272

$5,234

$7,195

Median Mauricetown Tax Bill

$4,967

Median Cumberland County Tax Bill

$4,561

Median New Jersey Tax Bill

$8,227

Median United States Tax Bill

$2,400

Property Tax Bills Across Mauricetown, Cumberland County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
08329	$3,080	$4,046	$4,967	$6,200	$7,548

Source: Ownwell