Union City, Hudson County, New Jersey Property Taxes
Median Union City, NJ effective property tax rate: 7.41%, significantly higher than the national median of 1.02%, but lower than the NJ state median of 2.82%.
Median Union City, NJ home value: $129,000
Median annual Union City, NJ tax bill: $9,534, $7,134 higher than the national median property tax bill of $2,400.
How are property taxes in Hudson calculated?
Property taxes in Union City, 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 Union City’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Union City, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Union City, Hudson County, New Jersey Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
7.41%
Estimate Property Tax Bill
$9,559
$8,870
Property Tax Rates Across Union City, Hudson County, New Jersey
Local government entities determine tax rates, which can differ significantly within a state. Each county annually estimates its budget for services and divides that by the total value of all taxable properties in its jurisdiction. This calculation yields the property tax rate. While votes and regulations play a role in setting tax rates and budgets, this is essentially the yearly process.
In Union City, located in Hudson County, New Jersey, the effective property tax rate is notably higher than the national median of 1.02%. This rate is also the highest and lowest within the same ZIP code, highlighting a uniformity in tax rates across the area. Comparatively, New Jersey's median property tax rate stands out against the national average, reflecting the state's higher property tax burden.
For property owners in Union City, understanding these rates is crucial for financial planning. With the local tax rate being a significant factor, property owners can benefit from exploring appeal and exemption services to potentially reduce their tax liabilities. Knowing where Union City stands in comparison to other cities in New Jersey and across the U.S. provides valuable context for making informed decisions about property investments and financial strategies.
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 Union City Tax Rate
7.41%
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 Hudson County Tax Rate
2.12%
Median Effective New Jersey Tax Rate
2.82%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Union City, Hudson County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07087 | 7.41% | 7.41% | 7.41% | 7.41% | 7.41% |
Source: Ownwell
Property Tax Assessment Values Across Union City, Hudson County, New Jersey
When examining property taxes in Union City, 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 Hudson 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 Hudson 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 Union City.
For example, the median home price in Union City is $129,000, with tax bills ranging significantly across the county. Zip code 07087 has the highest median home price at $129,000.
Property Tax Assessment Values Across Union City, Hudson County, New Jersey
Source: Ownwell
$94,600
$413,325
$732,050
Median Union City Market Value
$129,000
Median Hudson County Market Value
$357,200
Median New Jersey Market Value
$282,900
Median United States Market Value
$235,294
Property Tax Assessment Values Across Union City, Hudson County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07087 | $34,800 | $73,600 | $129,000 | $160,900 | $190,080 |
Source: Ownwell
Property Tax Bills Across Union City, Hudson County, New Jersey
Median Union City Tax Bill
$9,534
Median Hudson County Tax Bill
$8,581
Median New Jersey Tax Bill
$8,227
Median United States Tax Bill
$2,400
Property Tax Bills Across Union City, Hudson County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07087 | $2,542 | $5,361 | $9,534 | $11,858 | $14,081 |
Source: Ownwell