Scotch Plains, Union County, New Jersey Property Taxes
Median SCOTCH PLAINS, NJ effective property tax rate: 11.29%, significantly higher than the national median of 1.02%, but lower than the NJ state median of 2.82%.
Median SCOTCH PLAINS, NJ home value: $108,600
Median annual SCOTCH PLAINS, NJ tax bill: $12,210, $9,810 higher than the national median property tax bill of $2,400.
How are property taxes in Union calculated?
Property taxes in SCOTCH PLAINS, 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 SCOTCH PLAINS’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in SCOTCH PLAINS, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Scotch Plains, Union County, New Jersey Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
11.29%
Estimate Property Tax Bill
$12,261
$11,378
Property Tax Rates Across Scotch Plains, Union 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 Scotch Plains, located in Union County, NJ, the effective property tax rate is notably higher than the national median rate of 1.02%. This reflects the county's budgeting needs and the total value of taxable properties within its boundaries. When comparing Scotch Plains’ tax rate to other cities within New Jersey and the national median, the difference is significant. New Jersey is known for having some of the highest property tax rates in the country, and Scotch Plains is no exception.
Understanding these rates is crucial for homeowners looking to manage their property tax liabilities effectively. By staying informed, property owners in Scotch Plains can better navigate the complexities of property tax assessments and appeals.
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 Scotch Plains Tax Rate
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 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 Scotch Plains, Union County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07076 | 10.57% | 11.29% | 11.29% | 11.29% | 11.29% |
Source: Ownwell
Property Tax Assessment Values Across Scotch Plains, Union County, New Jersey
When examining property taxes in Scotch Plains, 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 Tax Assessor 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 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 Scotch Plains.
For example, the median home price in Scotch Plains is $108,600, with tax bills ranging significantly across the county. Zip code 07076 has the highest median home price at $108,600.
Property Tax Assessment Values Across Scotch Plains, Union County, New Jersey
Source: Ownwell
$54,000
$394,450
$734,900
Median Scotch Plains Market Value
$108,600
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 Scotch Plains, Union County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07076 | $73,500 | $85,300 | $108,600 | $156,000 | $196,000 |
Source: Ownwell
Property Tax Bills Across Scotch Plains, Union County, New Jersey
In Scotch Plains, Union County, NJ, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local property tax rate. The median tax bill in Scotch Plains is notably high at $12,210, significantly above the national median of $2,400. This high tax bill reflects the area's property values and tax rates. Homeowners in Scotch Plains can face substantial financial burdens due to these high property taxes, affecting their overall cost of living.
Factors influencing the tax bill include the property's assessed value, local tax rates, and any applicable exemptions or deductions. Ownwell offers valuable assistance to homeowners by providing property tax appeal and exemption services. By leveraging expertise in local tax laws and assessment practices, Ownwell helps homeowners potentially reduce their tax bills, ensuring they only pay their fair share. This can lead to significant savings, alleviating the financial strain on homeowners in Scotch Plains.
Property Tax Bills Across Scotch Plains, Union County, New Jersey
Source: Ownwell
$4,283
$10,029
$15,775
Median Scotch Plains Tax Bill
$12,210
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 Scotch Plains, Union County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07076 | $8,125 | $9,513 | $12,210 | $17,514 | $21,988 |
Source: Ownwell