Sussex County Property Taxes
The median property tax rate in Sussex County is 3.40%, significantly higher than both the national median of 0.99% and New Jersey's state median of 2.82%. With a median home value of $229,300, the typical annual property tax bill in Sussex County reaches $7,518, far exceeding the national median of $2,690. Property taxes in Sussex County are calculated based on the tax assessed value, which is often lower than the actual market value due to various property tax exemptions, such as those for primary residences and agricultural properties. Understanding Sussex County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Newton or another part of Sussex County, gaining comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Sussex County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.4%
Estimate Property Tax Bill
$7,796
Ownwell’s Sussex County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Sussex County with just two data points. By entering your property's estimated assessed value, our calculator applies the median tax rate in Sussex County to provide an accurate estimate of your property tax bill. This tool is invaluable in helping you understand potential tax liabilities. If you’re interested in more localized trends, scroll down to access city-specific information. Your property’s assessed value, determined by the county, is crucial for property tax calculations and considers any exemptions you may qualify for.
Property Tax Rates Across Sussex County, New Jersey
Property taxes in Sussex play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Sussex is 3.40%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Sussex set these rates annually, and they can vary significantly between different areas within the county. Each year, Sussex estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Sussex's effective property tax rate with other counties and the national median. For comparison, the city of Franklin has one of the higher property tax rates at 4.23%, while the city of Wallpack Center boasts one of the lowest at 0.72%. Analyzing how Sussex's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Sussex County Tax Rate
3.40%
Average New Jersey Tax Rate
2.82%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sussex County, New Jersey
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Andover | 3.04% | 3.43% | 3.68% | 3.68% | 3.84% |
Augusta | 2.81% | 2.81% | 2.82% | 2.82% | 2.82% |
Blairstown | 3.40% | 3.40% | 3.40% | 3.40% | 3.40% |
Branchville | 2.36% | 2.81% | 2.81% | 2.82% | 2.82% |
Byram Township | 3.66% | 3.66% | 3.66% | 3.66% | 3.66% |
Columbia | 0.72% | 0.72% | 0.72% | 0.72% | 0.72% |
Franklin | 2.99% | 4.23% | 4.23% | 4.23% | 4.23% |
Fredon Township | 2.93% | 2.93% | 2.93% | 2.93% | 2.93% |
Glasser | 3.43% | 3.43% | 3.43% | 3.43% | 3.43% |
Glenwood | 2.82% | 2.82% | 2.82% | 2.82% | 2.82% |
Green Township | 3.66% | 3.66% | 3.66% | 3.66% | 3.66% |
Hamburg | 2.99% | 2.99% | 2.99% | 4.56% | 4.56% |
Hardwick | 3.40% | 3.40% | 3.40% | 3.40% | 3.40% |
Hewitt | 2.82% | 2.82% | 2.82% | 2.82% | 2.82% |
Highland Lakes | 2.82% | 2.82% | 2.82% | 2.82% | 2.82% |
Hopatcong | 3.43% | 3.43% | 3.43% | 3.43% | 3.43% |
Lafayette | 2.84% | 2.84% | 2.84% | 3.89% | 3.89% |
Lake Hopatcong | 3.43% | 3.43% | 3.43% | 3.43% | 3.43% |
Layton | 2.93% | 2.93% | 2.93% | 2.93% | 2.93% |
Montague | 2.89% | 2.89% | 2.89% | 2.89% | 2.89% |
Newton | 2.93% | 3.08% | 3.40% | 3.89% | 4.51% |
Ogdensburg | 3.77% | 3.77% | 3.77% | 3.77% | 3.77% |
Sandyston | 2.93% | 2.93% | 2.93% | 2.93% | 2.93% |
Sparta | 3.40% | 3.40% | 3.40% | 3.40% | 3.40% |
Stanhope | 3.43% | 3.66% | 3.66% | 4.32% | 4.32% |
Stillwater | 3.40% | 3.40% | 3.40% | 3.40% | 3.40% |
Stockholm | 2.82% | 2.99% | 2.99% | 2.99% | 2.99% |
Sussex | 2.82% | 2.82% | 2.88% | 2.88% | 2.88% |
Vernon | 2.82% | 2.82% | 2.82% | 2.82% | 2.82% |
Wallpack Center | 0.72% | 0.72% | 0.72% | 0.72% | 0.72% |
Wantage | 2.88% | 2.88% | 2.88% | 2.88% | 2.88% |
Source: Ownwell
Property Tax Assessment Values Across Sussex County, New Jersey
In Sussex County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Sussex County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Sussex County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For instance, Fredon Township has the highest median tax bill in Sussex County at $10,801, while Columbia has the lowest at $461. Being aware of these valuation processes in Sussex County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Sussex County, New Jersey
Source: Ownwell
$63,850
$216,550
$369,250
Average Sussex County Assessed Value
$229,300
Average New Jersey Assessed Value
$282,900
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Sussex County, New Jersey
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Andover | $149,990 | $197,600 | $267,350 | $377,400 | $475,310 |
Augusta | $186,050 | $233,100 | $291,900 | $361,725 | $526,330 |
Blairstown | $154,580 | $171,900 | $234,900 | $285,350 | $342,480 |
Branchville | $145,010 | $195,125 | $247,150 | $321,675 | $415,150 |
Byram Township | $128,470 | $192,075 | $245,500 | $290,550 | $362,520 |
Columbia | $63,850 | $63,850 | $63,850 | $63,850 | $63,850 |
Franklin | $111,210 | $129,850 | $165,950 | $213,600 | $266,690 |
Fredon Township | $251,730 | $307,875 | $369,250 | $455,275 | $476,170 |
Glasser | $99,360 | $114,025 | $161,800 | $192,575 | $255,810 |
Glenwood | $233,820 | $260,950 | $290,150 | $353,000 | $414,100 |
Green Township | $231,400 | $231,400 | $231,400 | $231,400 | $231,400 |
Hamburg | $113,700 | $162,000 | $202,150 | $265,300 | $348,500 |
Hardwick | $165,580 | $223,200 | $236,200 | $273,950 | $355,280 |
Hewitt | $224,240 | $240,850 | $272,550 | $333,600 | $378,470 |
Highland Lakes | $180,300 | $206,100 | $242,800 | $284,100 | $360,400 |
Hopatcong | $114,400 | $143,300 | $195,000 | $225,000 | $322,740 |
Lafayette | $112,580 | $179,400 | $280,500 | $370,050 | $439,440 |
Lake Hopatcong | $101,740 | $148,525 | $214,750 | $317,225 | $410,010 |
Layton | $154,600 | $179,100 | $229,000 | $284,600 | $332,300 |
Montague | $52,380 | $86,300 | $166,600 | $212,400 | $252,360 |
Newton | $138,600 | $170,075 | $218,600 | $290,700 | $372,430 |
Ogdensburg | $162,960 | $193,000 | $217,600 | $244,825 | $279,340 |
Sandyston | $116,720 | $148,875 | $202,850 | $261,950 | $337,070 |
Sparta | $209,100 | $253,100 | $316,200 | $443,200 | $584,820 |
Stanhope | $132,800 | $168,600 | $210,100 | $249,875 | $304,870 |
Stillwater | $111,900 | $111,900 | $111,900 | $111,900 | $111,900 |
Stockholm | $108,460 | $159,750 | $211,900 | $284,700 | $348,580 |
Sussex | $147,360 | $200,600 | $257,800 | $327,300 | $392,800 |
Vernon | $12,100 | $91,025 | $164,800 | $251,200 | $329,510 |
Wallpack Center | $39,480 | $45,850 | $65,900 | $79,700 | $85,760 |
Wantage | $121,960 | $134,600 | $156,900 | $227,150 | $507,700 |
Source: Ownwell
Property Tax Bills Across Sussex County, New Jersey
In Sussex County, NJ, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the county assessor, who evaluates the property's market value. This assessed value is then multiplied by the county's tax rate to arrive at the annual tax bill. Several factors influence the assessed value, including the home's location, size, condition, and any improvements made. Homeowners in Sussex County experience a wide range of tax bills. For example, the tax bill at the 25th percentile is $5,689, while at the 75th percentile, it rises to $9,852. The highest median tax bill in the county is in Fredon Township, amounting to $10,801, whereas Columbia has the lowest median tax bill at just $461. These property tax rates significantly impact homeowners, often making up a substantial portion of their annual expenses. Compared to the national median property tax rate of 0.99%, Sussex County's rates can be considerably higher, affecting affordability and long-term financial planning for residents.
Average Sussex County Tax Bill
$7,518
Average New Jersey Tax Bill
$8,227
Average United States Tax Bill
$2,690
Property Tax Bills Across Sussex County, New Jersey
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Andover | $5,215 | $6,846 | $9,592 | $13,716 | $17,266 |
Augusta | $5,239 | $6,551 | $8,225 | $10,103 | $14,624 |
Blairstown | $5,262 | $5,851 | $7,996 | $9,713 | $11,658 |
Branchville | $4,040 | $5,275 | $6,698 | $8,976 | $11,533 |
Byram Township | $4,702 | $7,030 | $8,982 | $10,645 | $13,246 |
Columbia | $461 | $461 | $461 | $461 | $461 |
Franklin | $4,493 | $5,266 | $6,866 | $8,657 | $10,443 |
Fredon Township | $7,422 | $9,189 | $10,801 | $13,406 | $13,928 |
Glasser | $3,408 | $3,911 | $5,550 | $6,605 | $8,774 |
Glenwood | $6,591 | $7,352 | $8,179 | $9,951 | $11,673 |
Green Township | $8,469 | $8,469 | $8,469 | $8,469 | $8,469 |
Hamburg | $4,522 | $5,400 | $6,719 | $9,025 | $10,853 |
Hardwick | $5,636 | $7,598 | $8,040 | $9,325 | $12,094 |
Hewitt | $6,321 | $6,790 | $7,683 | $9,404 | $10,669 |
Highland Lakes | $5,080 | $5,807 | $6,845 | $8,006 | $10,165 |
Hopatcong | $3,924 | $4,912 | $6,685 | $7,708 | $11,051 |
Lafayette | $4,254 | $5,673 | $8,291 | $11,742 | $14,559 |
Lake Hopatcong | $3,490 | $5,094 | $7,366 | $10,881 | $14,063 |
Layton | $4,608 | $5,292 | $6,712 | $8,338 | $9,731 |
Montague | $1,514 | $2,495 | $4,819 | $6,146 | $7,321 |
Newton | $4,812 | $6,245 | $7,963 | $9,986 | $12,700 |
Ogdensburg | $6,139 | $7,269 | $8,186 | $9,223 | $10,523 |
Sandyston | $3,417 | $4,359 | $5,939 | $7,670 | $9,869 |
Sparta | $7,157 | $8,644 | $10,789 | $15,130 | $19,905 |
Stanhope | $5,307 | $6,442 | $7,875 | $9,556 | $11,742 |
Stillwater | $3,809 | $3,809 | $3,809 | $3,809 | $3,809 |
Stockholm | $3,258 | $4,781 | $6,323 | $8,196 | $10,007 |
Sussex | $4,371 | $5,867 | $7,414 | $9,373 | $11,186 |
Vernon | $341 | $2,568 | $4,649 | $7,076 | $9,265 |
Wallpack Center | $285 | $331 | $476 | $575 | $619 |
Wantage | $3,509 | $3,872 | $4,514 | $6,535 | $14,607 |
Source: Ownwell
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