Fort Lee, Bergen County, New Jersey Property Taxes
Property Taxes in Fort Lee, New Jersey
Median Fort Lee, New Jersey effective property tax rate: 2.47%, lower than the national median of 1.02%, and lower than the New Jersey state median of 2.88%.
Median Fort Lee, New Jersey home value: $435,000
Median annual Fort Lee, New Jersey tax bill: $10,722, higher than the national median property tax bill of $2,400.
How are property taxes in Bergen calculated?
Property taxes in Fort Lee, New Jersey 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 Fort Lee's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fort Lee, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Fort Lee, Bergen County, New Jersey Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.47%
Estimate Property Tax Bill
$10,745
$9,971
How Does the Fort Lee Property Tax Calculator Work?
Use this Fort Lee property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Fort Lee's median effective tax rate of 2.47% — based on actual property records in Bergen County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment system uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Fort Lee's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Fort Lee: rates are 2.47% in 07024, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Fort Lee.
About Fort Lee Property Taxes
About Property Taxes in Fort Lee, Bergen, New Jersey
Fort Lee’s median effective property tax rate of 2.47% is lower than the New Jersey state median of 2.88% and higher than the national median of 1.02%. This rate reflects the Bergen County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Fort Lee. Homeowners in the 07024 ZIP code carry a median effective rate of 2.47%, while those in the lowest ZIP pay 2.47%. This spread — 0 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Bergen County. Understanding which part of Fort Lee you live in can make a meaningful difference to your annual tax bill.
Fort Lee homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the April 1, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Fort Lee, Bergen County, New Jersey
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because 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.
Below, you can compare Fort Lee's effective property tax rate to other cities in New Jersey and the median property tax rates in New Jersey and the U.S.
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 Fort Lee Tax Rate
2.47%
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 Bergen County Tax Rate
2.68%
Median Effective New Jersey Tax Rate
2.88%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Fort Lee, Bergen County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07024 | 2.47% | 2.47% | 2.47% | 2.47% | 2.47% |
Source: Ownwell
Property Tax Assessment Values Across Fort Lee, Bergen County, New Jersey
When examining property taxes in Fort Lee, New Jersey, 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 Bergen 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 Bergen County, assessment notices are sent in February each year.
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. For example, the median home price in Fort Lee is $435,000, with tax bills centered at $10,722 across 07024.
Property Tax Assessment Values Across Fort Lee, Bergen County, New Jersey
Source: Ownwell
$274,000
$1,234,400
$2,194,800
Median Fort Lee Market Value
$435,000
Median Bergen County Market Value
$467,100
Median New Jersey Market Value
$288,200
Median United States Market Value
$235,294
Property Tax Assessment Values Across Fort Lee, Bergen County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07024 | $200,000 | $289,000 | $435,000 | $610,000 | $812,090 |
Source: Ownwell
Property Tax Bills Across Fort Lee, Bergen County, New Jersey
Property tax bills in Fort Lee are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. In Bergen County, that means homeowners can see bills that vary widely depending on how their home is valued and how local taxing authorities set rates. With a median home price of $435,000, property taxes can be a major part of the cost of owning a home.
The typical property tax bill in Fort Lee is $10,722, which is well above the $2,400 national median property tax bill. Bills at the 25th percentile are $7,103, while the 75th percentile reaches $14,888 and the 90th percentile climbs to $19,841. These differences show how assessed value and tax rates combine to shape what homeowners owe each year. For many homeowners, a higher tax bill can significantly affect monthly housing costs and overall affordability.
Median Fort Lee Tax Bill
$10,722
Median Bergen County Tax Bill
$11,614
Median New Jersey Tax Bill
$8,638
Median United States Tax Bill
$2,400
Property Tax Bills Across Fort Lee, Bergen County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07024 | $4,948 | $7,103 | $10,722 | $14,888 | $19,841 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 1 |
Links | |
|---|---|
| Bergen Tax Assessor | |
| Website | taxrecords-nj.com |