Turnersville, Gloucester County, New Jersey Property Taxes
Median Turnersville, NJ effective property tax rate: 2.83%, significantly higher than the national median of 1.02%, but slightly higher than the NJ state median of 2.82%.
Median Turnersville, NJ home value: $136,837
Median annual Turnersville, NJ tax bill: $3,875, $1,475 higher than the national median property tax bill of $2,400.
How are property taxes in Gloucester calculated?
Property taxes in Turnersville, 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 Turnersville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Turnersville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Turnersville, Gloucester County, New Jersey Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.83%
Estimate Property Tax Bill
$3,872
$3,594
Property Tax Rates Across Turnersville, Gloucester County, New Jersey
Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services annually and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Turnersville in Gloucester County, NJ, boasts an effective property tax rate of 2.83%. This is significantly higher than the national median property tax rate of 1.02%. Such a high rate reflects the county's budgetary needs and the value of taxable properties within its jurisdiction. Despite being the highest in the state, it is worth noting that this rate is consistent across the region, indicating a uniform approach to tax assessment.
For property owners in Turnersville, understanding these rates is crucial for financial planning and potential tax appeals. Comparing Turnersville’s effective property tax rate to other cities in New Jersey and the median property tax rates in the U.S. provides valuable context for homeowners.
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 Turnersville Tax Rate
2.83%
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 Gloucester County Tax Rate
2.83%
Median Effective New Jersey Tax Rate
2.82%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Turnersville, Gloucester County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08012 | 2.83% | 2.83% | 2.83% | 2.83% | 2.83% |
Source: Ownwell
Property Tax Assessment Values Across Turnersville, Gloucester County, New Jersey
When examining property taxes in Turnersville, 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 Gloucester 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 Gloucester 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 Turnersville.
For example, the median home price in Turnersville is $136,837, with tax bills ranging significantly across the county. Zip code 08012 has the highest median home price at $136,837.
Property Tax Assessment Values Across Turnersville, Gloucester County, New Jersey
Source: Ownwell
$118,344
$277,968
$437,591
Median Turnersville Market Value
$136,837
Median Gloucester County Market Value
$246,529
Median New Jersey Market Value
$282,900
Median United States Market Value
$235,294
Property Tax Assessment Values Across Turnersville, Gloucester County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08012 | $117,289 | $119,701 | $136,837 | $145,469 | $152,196 |
Source: Ownwell
Property Tax Bills Across Turnersville, Gloucester County, New Jersey
In Turnersville, located in Gloucester County, NJ, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The effective property tax rate is applied to this assessed value, resulting in the annual tax bill. Factors such as the local government's budget needs, school funding, and public services influence the tax rate. With the median home price at $136,837, homeowners in Turnersville face a significant tax burden, as the median tax bill is $3,875, well above the national median of $2,400. This can be a considerable financial strain for homeowners, especially when compared to the national median property tax rate of 1.02%.
Ownwell offers valuable assistance to homeowners by providing property tax appeal and exemption services. By analyzing property assessments and identifying discrepancies, Ownwell can help reduce tax liabilities, potentially saving homeowners hundreds or even thousands of dollars annually. This service ensures that homeowners pay only their fair share, alleviating some of the financial pressure associated with high property tax bills.
Property Tax Bills Across Turnersville, Gloucester County, New Jersey
Source: Ownwell
$2,963
$6,922
$10,881
Median Turnersville Tax Bill
$3,875
Median Gloucester County Tax Bill
$7,106
Median New Jersey Tax Bill
$8,227
Median United States Tax Bill
$2,400
Property Tax Bills Across Turnersville, Gloucester County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 08012 | $3,322 | $3,390 | $3,875 | $4,120 | $4,313 |
Source: Ownwell