Annandale, Hunterdon County, New Jersey Property Taxes

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

Median Annandale, NJ effective property tax rate: 2.81%, significantly higher than the national median of 1.02%, but lower than the New Jersey state median of 2.82%.
Median Annandale, NJ home value: $377,150
Median annual Annandale, NJ tax bill: $10,595, $8,195 higher than the national median property tax bill of $2,400.

How are property taxes in Hunterdon County calculated?

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

Last Updated March 1, 2025

Annandale, Hunterdon County, New Jersey Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.81%

Estimate Property Tax Bill

$10,598

$9,835

Ownwell’s Annandale Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Annandale with just two data points.

By entering your property's estimated assessed value, our calculator applies Annandale’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your 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 Hunterdon County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Annandale, Hunterdon County, New Jersey

Local government entities are responsible for setting tax rates, which can greatly differ within a state. This variation is due to each county's annual budget estimation to fund public services. The county then divides this budget by the total assessed value of all taxable properties within its jurisdiction, resulting in the property tax rate. Although the process involves votes and legislation, this is the fundamental approach to determining tax rates each year. You can compare Annandale's effective property tax rate to other cities in New Jersey and the median property tax rates in New Jersey and the U.S. Annandale, located in Hunterdon County, has a median property tax rate of 2.81%, which is significantly higher than the national median of 1.02%. This places Annandale among the areas with the highest property tax rates in the nation. Understanding these rates is crucial for property owners looking to manage their tax liabilities effectively.

Property Tax Rates Across Annandale, Hunterdon County, New Jersey

Source: Ownwell

2.27%

3.26%

4.25%

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 Annandale Tax Rate

2.81%

Median Effective Hunterdon County Tax Rate

2.66%

Median Effective New Jersey Tax Rate

2.82%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Annandale, Hunterdon County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
08801	2.81%	2.81%	2.81%	2.81%	2.81%

Source: Ownwell

Property Tax Assessment Values Across Annandale, Hunterdon County, New Jersey

When examining property taxes in Annandale, 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 Hunterdon 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. Assessment notices: Hunterdon 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 Annandale. For example, the median home price in Annandale is $377,150, with tax bills ranging significantly across the county. 08801 has the highest median home price at $377,150.

Property Tax Assessment Values Across Annandale, Hunterdon County, New Jersey

Source: Ownwell

$178,200

$369,975

$561,750

Median Annandale Market Value

$377,150

Median Hunterdon County Market Value

$364,050

Median New Jersey Market Value

$282,900

Median United States Market Value

$235,294

Property Tax Assessment Values Across Annandale, Hunterdon County, New Jersey

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
08801	$174,090	$261,375	$377,150	$479,700	$576,940

Source: Ownwell

Property Tax Bills Across Annandale, Hunterdon County, New Jersey

In Annandale, NJ, property tax bills are determined based on the assessed value of a home and the local tax rate. With a median home price of $377,150, homeowners in Annandale face property tax bills that can be significantly higher than the national median. The tax bills here range broadly, with the 25th percentile at $7,342 and the 75th percentile reaching $13,481. Notably, the 90th percentile tax bill climbs to $16,202, underscoring the financial burden on homeowners. The highest and lowest median tax bills in the area are both $10,595, highlighting the uniformity in tax assessments within the zip code 08801. These high tax bills can strain homeowners' finances, making it crucial to explore potential savings. Ownwell offers a solution by helping homeowners appeal their property taxes and secure exemptions. By leveraging expertise in property tax regulations, Ownwell can assist in reducing tax liabilities, ultimately leading to significant savings for homeowners in Annandale.

Property Tax Bills Across Annandale, Hunterdon County, New Jersey

Source: Ownwell

$4,512

$8,641

$12,769

Median Annandale Tax Bill

$10,595

Median Hunterdon County Tax Bill

$10,015

Median New Jersey Tax Bill

$8,227

Median United States Tax Bill

$2,400

Property Tax Bills Across Annandale, Hunterdon County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
08801	$4,953	$7,342	$10,595	$13,481	$16,202

Source: Ownwell