To estimate property tax for new homes, use the following formula:
Purchase price x 49.99%= estimated assessment
Estimated assessment x estimated tax
(rate of 3.486 per $100 of
assessed value) = amount of tax dollars to be paid
Property Tax Deductions
Veterans and Widows of Veterans
Active service in time of war (Call 267-2730 ext 107
or 108 for a list of qualifying periods of war and service
requirements)
Owner of property and citizen and resident of New
Jersey as of October 1st of the pre-tax year
Age 55 or over at the time of death of person
receiving Senior Citizen or Disabled Person Deduction
Tax Rate 2010
Local Purpose
0.462
District School
1.709
Regional School
0.525
County Tax
0.621
Library Tax
0.059
County Farmland
Open Space
0.081
Municipal Open Space
0.029
TOTAL
3.486
Quarterly Taxes Due*
February 1
May 1
August 1
November 1
*A ten day grace period applies
Some Things to Remember
Your Tax Collector can answer questions about TAX
COLLECTIONS and your Assessor can answer questions about ASSESSMENTS
When you are issued a building permit, you may expect
a visit from the Assessor
New construction and improvements will be subject to
an added assessment which begins the first of the month following
substantial completion, occupancy or use. The added assessment list
is submitted to the County Tax Board on October 1st and
the tax thereon is due in full November 1st of the tax
year. If you wish to demolish an old building, a demolition permit
is required. This also applies to swimming pools. Remember that
any building standing as of October 1st of the pre-tax
year may be taxable for the entire following year.
Enjoy and Maintain Your Property
On a normally maintained property, the following improvements may not
bring an increase in assessment:
Painting
Landscaping
Minor Repairs
Decoration
The following are a few items that may affect the assessed value of
your home:
Conversion of attic, basement, garage, or porch into
a living space
Installation of a bath or powder room, central heat
or air conditioning, fireplace, porch, patio or additions
