High Bridge, Hunterdon County, New Jersey Property Taxes

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

Median HIGH BRIDGE, NJ effective property tax rate: 4.26%, significantly higher than the national median of 1.02%, but lower than the NJ state median of 2.82%.
Median HIGH BRIDGE, NJ home value: $227,750
Median annual HIGH BRIDGE, NJ tax bill: $9,663, $7,263 higher than the national median property tax bill of $2,400.

How are property taxes in Hunterdon calculated?

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

Last Updated March 1, 2025

High Bridge, Hunterdon County, New Jersey Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

4.26%

Estimate Property Tax Bill

$9,702

$9,003

Ownwell’s High Bridge Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in High Bridge with just two data points. By entering your property's estimated assessed value, our calculator applies High Bridge’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 High Bridge, Hunterdon County, New Jersey

Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services 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. Below, you can compare High Bridge’s effective property tax rate to other cities in New Jersey and the median property tax rates in New Jersey and the U.S. High Bridge, located in Hunterdon County, stands out with a median tax rate of 4.26%, significantly higher than the national median property tax rate of 1.02%. This is reflective of the state's overall higher property tax trend. With New Jersey consistently ranking among the states with the highest property taxes, residents of High Bridge experience a tax rate that is among the highest in the state. Understanding these rates can help property owners make informed decisions about appealing their property taxes and seeking exemptions where possible.

Property Tax Rates Across High Bridge, 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 High Bridge Tax Rate

4.26%

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 High Bridge, Hunterdon County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
08829	4.25%	4.25%	4.25%	4.26%	4.26%

Source: Ownwell

Property Tax Assessment Values Across High Bridge, Hunterdon County, New Jersey

When examining property taxes in High Bridge, 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: In 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 High Bridge. For example, the median home price in High Bridge is $227,750, with tax bills ranging significantly across the county. 08829 has the highest median home price at $227,750.

Property Tax Assessment Values Across High Bridge, Hunterdon County, New Jersey

Source: Ownwell

$178,200

$369,975

$561,750

Median High Bridge Market Value

$227,750

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 High Bridge, Hunterdon County, New Jersey

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
08829	$143,880	$179,975	$227,750	$281,100	$333,530

Source: Ownwell

Property Tax Bills Across High Bridge, Hunterdon County, New Jersey

In High Bridge, NJ, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The property tax rate in this area is significantly higher than the national median of 1.02%, resulting in a median property tax bill of $9,663. This is substantially more than the national median property tax bill of $2,400. Factors influencing the tax bill include the assessed value of the property and the local tax rate, which can vary annually. Homeowners in High Bridge face a wide range of tax bills, with the 25th percentile at $7,618 and the 75th percentile reaching $11,842, indicating a significant variance based on property value and location within the area. Ownwell can assist homeowners in High Bridge by reviewing their property assessments and identifying potential inaccuracies. By filing appeals and applying for any applicable exemptions, Ownwell helps ensure that homeowners pay only their fair share, potentially leading to substantial savings on their property tax bills.

Property Tax Bills Across High Bridge, Hunterdon County, New Jersey

Source: Ownwell

$4,512

$8,641

$12,769

Median High Bridge Tax Bill

$9,663

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 High Bridge, Hunterdon County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
08829	$6,091	$7,618	$9,663	$11,842	$13,731

Source: Ownwell