Plainfield, Union County, New Jersey Property Taxes

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

Median Plainfield, NJ effective property tax rate: 8.46%, significantly higher than the national median of 1.02%, but lower than the New Jersey state median of 2.82%.
Median Plainfield, NJ home value: $104,600
Median annual Plainfield, NJ tax bill: $8,628, $6,228 higher than the national median property tax bill of $2,400.

How are property taxes in Union County calculated?

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

Last Updated March 1, 2025

Plainfield, Union County, New Jersey Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

8.46%

Estimate Property Tax Bill

$8,849

$8,212

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

Property Tax Rates Across Plainfield, Union County, New Jersey

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is the annual process. In Plainfield, Union County, New Jersey, the effective property tax rate is significantly higher than both the state and national averages. The median property tax rate in Plainfield stands at 8.46%, which is substantially above the national median of 1.02%. This places a considerable financial burden on property owners in the area compared to the national standard. Understanding these differences is crucial for property owners seeking to manage their tax liabilities effectively. By comparing Plainfield’s effective property tax rate to other cities in New Jersey, it's clear that property owners in Plainfield face one of the highest rates in the state.

Property Tax Rates Across Plainfield, Union County, New Jersey

Source: Ownwell

2.00%

6.64%

11.29%

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 Plainfield Tax Rate

8.46%

Median Effective Union County Tax Rate

6.95%

Median Effective New Jersey Tax Rate

2.82%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Plainfield, Union County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
07060	7.81%	8.46%	8.46%	8.46%	8.46%
07062	7.66%	8.46%	8.46%	8.46%	8.46%
07063	7.66%	8.45%	8.46%	8.46%	8.46%

Source: Ownwell

Property Tax Assessment Values Across Plainfield, Union County, New Jersey

When examining property taxes in Plainfield, 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 Union 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 Union 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 Plainfield.

For example, the median home price in Plainfield is $104,600, with tax bills ranging significantly across the county. Zip code 07060 has the highest median home price at $112,000.

Property Tax Assessment Values Across Plainfield, Union County, New Jersey

Source: Ownwell

$54,000

$394,450

$734,900

Median Plainfield Market Value

$104,600

Median Union County Market Value

$138,900

Median New Jersey Market Value

$282,900

Median United States Market Value

$235,294

Property Tax Assessment Values Across Plainfield, Union County, New Jersey

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
07060	$73,200	$93,000	$112,000	$134,300	$165,000
07062	$71,860	$88,400	$102,200	$117,500	$132,840
07063	$67,110	$78,700	$91,400	$108,875	$125,000

Source: Ownwell

Property Tax Bills Across Plainfield, Union County, New Jersey

In Plainfield, NJ, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. The property tax rate in this area is notably higher than the national median property tax rate of 1.02%. Homeowners in Union County face a median property tax bill of $9,305 in ZIP code 07060, which is significantly above the national median of $2,400. Factors influencing these tax bills include the assessed value of the property and the local tax rate. High property taxes can place a substantial financial burden on homeowners, impacting their disposable income and overall financial planning. Ownwell provides valuable assistance by offering property tax appeal and exemption services. By leveraging expert knowledge and experience, Ownwell helps homeowners potentially reduce their tax bills, ensuring they only pay what is fair. This service can result in significant savings, alleviating some of the financial stress associated with high property tax rates in Plainfield.

Property Tax Bills Across Plainfield, Union County, New Jersey

Source: Ownwell

$4,283

$10,029

$15,775

Median Plainfield Tax Bill

$8,628

Median Union County Tax Bill

$10,366

Median New Jersey Tax Bill

$8,227

Median United States Tax Bill

$2,400

Property Tax Bills Across Plainfield, Union County, New Jersey

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
07060	$5,995	$7,655	$9,305	$11,174	$13,809
07062	$5,889	$7,201	$8,459	$9,736	$11,080
07063	$5,498	$6,467	$7,613	$9,026	$10,506

Source: Ownwell