Irvington, Essex County, New Jersey Property Taxes
Median Irvington, NJ effective property tax rate: 5.96%, significantly higher than the national median of 1.02%, but lower than the New Jersey state median of 2.82%.
Median Irvington, NJ home value: $139,900
Median annual Irvington, NJ tax bill: $8,310, $5,910 higher than the national median property tax bill of $2,400.
How are property taxes in Essex calculated?
Property taxes in Irvington, 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 Irvington’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Irvington, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Irvington, Essex County, New Jersey Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
5.96%
Estimate Property Tax Bill
$8,338
$7,737
Property Tax Rates Across Irvington, Essex 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 Irvington, located in Essex County, New Jersey, the effective property tax rate stands out significantly compared to other cities in the state and across the nation. The median property tax rate in Irvington is markedly higher than the national median property tax rate of 1.02%, reflecting the distinct financial landscape of this area. This higher rate can be attributed to the specific budgetary needs and property values within the county. When considering property ownership in Irvington, it's crucial to factor in this elevated tax rate, as it can substantially impact the overall cost of homeownership. Understanding these local nuances can empower property owners to make informed financial decisions and explore potential tax appeal opportunities.
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 Irvington Tax Rate
5.96%
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 Essex County Tax Rate
3.51%
Median Effective New Jersey Tax Rate
2.82%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Irvington, Essex County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07111 | 5.96% | 5.96% | 5.96% | 5.96% | 5.96% |
Source: Ownwell
Property Tax Assessment Values Across Irvington, Essex County, New Jersey
When examining property taxes in Irvington, 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 Essex 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 Essex 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 Irvington.
For example, the median home price in Irvington is $139,900, with tax bills ranging significantly across the county. Zip code 07111 has the highest median home price at $139,900.
Property Tax Assessment Values Across Irvington, Essex County, New Jersey
Source: Ownwell
$139,900
$749,150
$1,358,400
Median Irvington Market Value
$139,900
Median Essex County Market Value
$335,900
Median New Jersey Market Value
$282,900
Median United States Market Value
$235,294
Property Tax Assessment Values Across Irvington, Essex County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07111 | $90,500 | $115,400 | $139,900 | $173,500 | $214,900 |
Source: Ownwell
Property Tax Bills Across Irvington, Essex County, New Jersey
Median Irvington Tax Bill
$8,310
Median Essex County Tax Bill
$11,297
Median New Jersey Tax Bill
$8,227
Median United States Tax Bill
$2,400
Property Tax Bills Across Irvington, Essex County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07111 | $5,329 | $6,849 | $8,310 | $10,295 | $12,649 |
Source: Ownwell