Perth Amboy, Middlesex County, New Jersey Property Taxes

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

Median Perth Amboy, NJ effective property tax rate: 2.97%, significantly higher than the national median of 1.02%, but lower than the New Jersey state median of 2.82%.
Median Perth Amboy, NJ home value: $230,700
Median annual Perth Amboy, NJ tax bill: $6,881, $4,481 higher than the national median property tax bill of $2,400.

How are property taxes in Middlesex calculated?

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

Last Updated March 1, 2025

Perth Amboy, Middlesex County, New Jersey Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.97%

Estimate Property Tax Bill

$6,852

$6,358

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

In Perth Amboy, located in Middlesex County, NJ, the effective property tax rate is notably high. With a median tax rate of 2.97%, it stands significantly above the national median property tax rate of 1.02%. This means property owners in Perth Amboy face a higher tax burden compared to many other parts of the country. Additionally, Perth Amboy's tax rate is among the highest in New Jersey. Comparing Perth Amboy’s rate to the national median property tax bill of $2,400, residents here likely pay considerably more in property taxes. Understanding these figures is crucial for property owners who are considering tax appeal and exemption services to potentially reduce their tax liabilities.

Property Tax Rates Across Perth Amboy, 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 Perth Amboy Tax Rate

2.97%

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 Perth Amboy, Middlesex County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
08861	2.38%	2.97%	2.97%	2.97%	2.98%

Source: Ownwell

Property Tax Assessment Values Across Perth Amboy, Middlesex County, New Jersey

When examining property taxes in Perth Amboy, 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.

In Middlesex County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Perth Amboy.

For example, the median home price in Perth Amboy is $230,700, with tax bills ranging significantly across the county. Zip code 08861 has the highest median home price at $230,700.

Property Tax Assessment Values Across Perth Amboy, Middlesex County, New Jersey

Source: Ownwell

$66,600

$322,300

$578,000

Median Perth Amboy Market Value

$230,700

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 Perth Amboy, Middlesex County, New Jersey

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
08861	$115,460	$185,450	$230,700	$276,250	$319,800

Source: Ownwell

Property Tax Bills Across Perth Amboy, Middlesex County, New Jersey

In Perth Amboy, Middlesex County, NJ, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. With a median home price of $230,700, homeowners face tax bills significantly above the national median of $2,400. The tax bill ranges from the 25th percentile at $5,633 to the 90th percentile at $9,668, reflecting the substantial financial burden on property owners. The highest and lowest median tax bills in the area both stand at $6,881, showcasing a consistent rate across zip code 08861. Factors influencing these bills include local government budgets and school funding requirements, which can result in higher rates compared to other regions. For homeowners, these high property taxes can strain finances, making it essential to explore potential savings. Ownwell assists homeowners by providing expert property tax appeal and exemption services, helping to identify discrepancies in assessments and ensuring fair tax bills. By leveraging Ownwell's expertise, homeowners can potentially lower their property tax obligations and alleviate financial pressures.

Property Tax Bills Across Perth Amboy, Middlesex County, New Jersey

Source: Ownwell

$4,686

$8,118

$11,549

Median Perth Amboy Tax Bill

$6,881

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 Perth Amboy, Middlesex County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
08861	$4,552	$5,633	$6,881	$8,262	$9,668

Source: Ownwell