Plainsboro, Middlesex County, New Jersey Property Taxes

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

Median Plainsboro, NJ effective property tax rate: 2.51%, significantly higher than the national median of 1.02%, but lower than the New Jersey state median of 2.82%.
Median Plainsboro, NJ home value: $418,200
Median annual Plainsboro, NJ tax bill: $10,477, $8,077 higher than the national median property tax bill of $2,400.

How are property taxes in Middlesex calculated?

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

Last Updated March 1, 2025

Plainsboro, Middlesex County, New Jersey Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.51%

Estimate Property Tax Bill

$10,497

$9,741

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

Local government entities set tax rates, which can vary widely within a state. 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 Plainsboro, Middlesex County, the effective property tax rate stands at 2.51%. This rate is notably higher than the national median property tax rate of 1.02%. The median property tax rate in New Jersey is also 2.51%, making Plainsboro's rate consistent with the state median. However, it is still significantly higher than the national median, reflecting New Jersey's standing as a state with some of the highest property tax rates in the country.

Comparing Plainsboro to other cities in New Jersey, the property tax rate is consistent across the board, indicating a uniformity in how property taxes are assessed within the state. This high rate underscores the importance of property tax appeal services to potentially reduce tax burdens for homeowners.

Property Tax Rates Across Plainsboro, 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 Plainsboro Tax Rate

2.51%

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 Plainsboro, Middlesex County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
08536	2.51%	2.51%	2.51%	2.51%	2.51%

Source: Ownwell

Property Tax Assessment Values Across Plainsboro, Middlesex County, New Jersey

When examining property taxes in Plainsboro, 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 Plainsboro. For example, the median home price in Plainsboro is $418,200, with tax bills ranging significantly across the county. Zip code 08536 has the highest median home price at $418,200.

Property Tax Assessment Values Across Plainsboro, Middlesex County, New Jersey

Source: Ownwell

$66,600

$322,300

$578,000

Median Plainsboro Market Value

$418,200

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 Plainsboro, Middlesex County, New Jersey

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
08536	$147,300	$222,900	$418,200	$644,900	$769,500

Source: Ownwell

Property Tax Bills Across Plainsboro, Middlesex County, New Jersey

In Plainsboro, NJ, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Middlesex County, where Plainsboro is located, has a high median property tax bill of $10,477, significantly above the national median of $2,400. Factors such as home size, location, and market conditions influence the assessed value, impacting the final tax bill. For homeowners, these taxes can be a substantial financial burden, especially when compared to the national median property tax rate of 1.02%.

Ownwell offers a solution by providing property tax appeal services, helping homeowners potentially reduce their tax bills. By analyzing the assessed value and comparing it with similar properties, Ownwell identifies opportunities for appeals. Their expertise can lead to significant savings, easing the financial load on homeowners. With Ownwell’s assistance, homeowners can ensure they are not overpaying on their property taxes, allowing them to better manage their expenses.

Property Tax Bills Across Plainsboro, Middlesex County, New Jersey

Source: Ownwell

$4,686

$8,118

$11,549

Median Plainsboro Tax Bill

$10,477

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 Plainsboro, Middlesex County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
08536	$3,650	$5,519	$10,477	$16,136	$19,265

Source: Ownwell