Green Brook, Middlesex County, New Jersey Property Taxes

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

Median Green Brook, NJ effective property tax rate: 2.76%, significantly higher than the national median of 1.02%, but lower than the New Jersey state median of 2.82%.
Median Green Brook, NJ home value: $350,700
Median annual Green Brook, NJ tax bill: $9,683, $7,283 higher than the national median property tax bill of $2,400.

How are property taxes in Middlesex calculated?

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

Last Updated March 1, 2025

Green Brook, Middlesex County, New Jersey Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.76%

Estimate Property Tax Bill

$9,679

$8,982

Ownwell’s Green Brook Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Green Brook with just two data points. By entering your property's estimated assessed value, our calculator applies Green Brook’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 Middlesex County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Green Brook, Middlesex County, New Jersey

Local government entities are responsible for setting tax rates, which can vary significantly within a state. This variation occurs because each county annually estimates its budget needs to provide essential services and divides this by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the core of the annual process.

In Green Brook, located in Middlesex County, New Jersey, the effective property tax rate is considerably higher than the national median of 1.02%. This reflects the broader trend in New Jersey, where property tax rates are among the highest in the country. Comparing this to the median property tax rates in New Jersey and across the U.S., Green Brook stands out with its higher rate, which can significantly impact homeowners' annual property tax bills. Understanding these differences is crucial for property owners in Green Brook and can help them make informed decisions about property tax appeals and exemptions.

Property Tax Rates Across Green Brook, Middlesex County, New Jersey

Source: Ownwell

1.78%

7.20%

12.62%

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 Green Brook Tax Rate

2.76%

Median Effective Middlesex County Tax Rate

5.10%

Median Effective New Jersey Tax Rate

2.82%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Green Brook, Middlesex County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
08812	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Green Brook, Middlesex County, New Jersey

When examining property taxes in Green Brook, 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 Middlesex 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 Middlesex 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 Green Brook.

For example, the median home price in Green Brook is $350,700, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Green Brook, Middlesex County, New Jersey

Source: Ownwell

$66,600

$322,300

$578,000

Median Green Brook Market Value

$350,700

Median Middlesex County Market Value

$158,000

Median New Jersey Market Value

$282,900

Median United States Market Value

$235,294

Property Tax Assessment Values Across Green Brook, Middlesex County, New Jersey

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
08812	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Green Brook, Middlesex County, New Jersey

In Green Brook, NJ, property tax bills are calculated based on the assessed value of a home and the local tax rate. With a median home price of $350,700, homeowners face tax bills significantly higher than the national median. The assessed value is determined by local tax assessors and reflects the market value of the property. Factors such as property size, location, and improvements can influence the assessed value. In Green Brook, the property tax bill for the 25th percentile is $9,168, while the 75th percentile reaches $10,547, and the 90th percentile is $10,832. These figures are well above the national median property tax bill of $2,400, posing a substantial financial burden on homeowners. Ownwell can assist homeowners in Green Brook by providing expert property tax appeal services and identifying potential exemptions. By challenging over-assessments and securing reductions, Ownwell helps clients achieve significant savings on their property tax bills, easing the financial impact on their budgets.

Property Tax Bills Across Green Brook, Middlesex County, New Jersey

Source: Ownwell

$4,686

$8,118

$11,549

Median Green Brook Tax Bill

$9,683

Median Middlesex County Tax Bill

$7,840

Median New Jersey Tax Bill

$8,227

Median United States Tax Bill

$2,400

Property Tax Bills Across Green Brook, Middlesex County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
08812	N/A	N/A	N/A	N/A	N/A

Source: Ownwell