Maywood, Bergen County, New Jersey Property Taxes
Property Taxes in Maywood, New Jersey
Median Maywood, New Jersey effective property tax rate: 2.06%, significantly higher than the national median of 1.02%, and lower than the New Jersey state median of 2.88%.
Median Maywood, New Jersey home value: $494,650
Median annual Maywood, New Jersey tax bill: $10,205, higher than the national median property tax bill of $2,400.
How are property taxes in Bergen calculated?
Property taxes in Maywood, 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 Maywood's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Maywood, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Maywood, Bergen County, New Jersey Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.06%
Estimate Property Tax Bill
$10,190
$9,456
How Does the Maywood Property Tax Calculator Work?
Use this Maywood property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Maywood's median effective tax rate of 2.06% — based on actual property records in Bergen County — to generate your estimate.
Enter your property's estimated assessed value — the figure used to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Maywood'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 Maywood: rates are 2.06% in 07607, with the highest and lowest median property tax bill both at $10,205.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Maywood.
About Maywood Property Taxes
About Property Taxes in Maywood, Bergen, New Jersey
Maywood’s median effective property tax rate of 2.06% 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 Maywood. Homeowners in the 07607 ZIP code carry a median effective rate of 2.06%, while those in the same ZIP also pay 2.06%. This means there is no spread across the city, but your assessed value and local levies still play a major role in your annual tax bill. The median home price is $494,650, and the median property tax bill is $10,205, which is $7,805 higher than the state tax bill difference noted here.
Maywood homeowners who believe their assessed value is too high can file a formal appeal with the 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 Maywood, 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 Maywood'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 Maywood Tax Rate
2.06%
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 Maywood, Bergen County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07607 | 2.06% | 2.06% | 2.06% | 2.07% | 2.08% |
Source: Ownwell
Property Tax Assessment Values Across Maywood, Bergen County, New Jersey
When examining property taxes in Maywood, 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. They'll typically reach your mailbox by the middle of February.
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 Maywood.
For example, the median home price in Maywood is $494,650, with tax bills ranging significantly across the county. 07607 has the highest median home price at $494,650.
Property Tax Assessment Values Across Maywood, Bergen County, New Jersey
Source: Ownwell
$274,000
$1,234,400
$2,194,800
Median Maywood Market Value
$494,650
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 Maywood, Bergen County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07607 | $418,500 | $451,575 | $494,650 | $548,925 | $619,890 |
Source: Ownwell
Property Tax Bills Across Maywood, Bergen County, New Jersey
How are property tax bills calculated in Maywood?
Property tax bills in Maywood are based on the assessed value of a home, not its market price alone. Local tax rates are applied to that assessment to determine the final bill, and factors such as location, municipal budgets, school funding, and other local services all play a role in the amount homeowners pay.
With a median home price of $494,650, property tax bills in Maywood are well above the national median property tax bill of $2,400. The 25th percentile tax bill is $9,319, the 75th percentile is $11,356, and the 90th percentile reaches $12,914, showing how expensive property ownership can be in this area.
For homeowners, this means property taxes can be a major part of annual housing costs. Even small changes in assessed value or tax rates can significantly affect the bill, making it important to understand how the calculation works and why the amount can vary from one home to another.
Median Maywood Tax Bill
$10,205
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 Maywood, Bergen County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07607 | $8,655 | $9,319 | $10,205 | $11,356 | $12,914 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 1 |
Links | |
|---|---|
| Bergen Tax Assessor | |
| Website | taxrecords-nj.com |