Montvale, Bergen County, New Jersey Property Taxes
Property Taxes in Montvale, New Jersey
Median Monvale, New Jersey effective property tax rate: 2.46%, significantly lower than the national median of 1.02%, and lower than the New Jersey state median of 2.88%.
Median Monvale, New Jersey home value: $500,600
Median annual Monvale, New Jersey tax bill: $12,187, higher than the national median property tax bill of $2,400.
How are property taxes in Bergen calculated?
Property taxes in Monvale, 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 Monvale's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Monvale, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Montvale, Bergen County, New Jersey Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.46%
Estimate Property Tax Bill
$12,315
$11,428
How Does the Montvale Property Tax Calculator Work?
Use this Montvale property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Montvale's median effective tax rate of 2.46% — based on actual property records in Bergen County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Montvale'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 Montvale: rates range from 2.46% in 07645 to 2.46% in 07645, 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 Montvale.
About Montvale Property Taxes
About Property Taxes in Montvale, Bergen, New Jersey
Montvale’s median effective property tax rate of 2.46% 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 Montvale. Homeowners in the 07645 ZIP code carry a median effective rate of 2.46%, while those in the same ZIP code pay 2.46%. This spread reflects how school district boundaries and local assessment districts are drawn across Bergen County. Understanding which part of Montvale you live in can make a meaningful difference to your annual tax bill.
Montvale 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 Montvale, 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 Montvale'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 Montvale Tax Rate
2.46%
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 Montvale, Bergen County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07645 | 2.46% | 2.46% | 2.46% | 2.46% | 2.46% |
Source: Ownwell
Property Tax Assessment Values Across Montvale, Bergen County, New Jersey
When examining property taxes in Montvale, 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 the spring 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. For example, the median home price in Montvale is $500,600, with tax bills ranging significantly across the county. 07645 has the highest median home price at $500,600.
Property Tax Assessment Values Across Montvale, Bergen County, New Jersey
Source: Ownwell
$274,000
$1,234,400
$2,194,800
Median Montvale Market Value
$500,600
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 Montvale, Bergen County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07645 | $331,200 | $404,900 | $500,600 | $660,900 | $869,900 |
Source: Ownwell
Property Tax Bills Across Montvale, Bergen County, New Jersey
Property tax bills in Montvale are based on the assessed value of a home and the local tax rate set by Bergen County and other taxing authorities. When a property’s market value rises, the assessed value can increase as well, which can lead to a higher tax bill if the rate stays the same. For Montvale homeowners, the median home price is $500,600, and the median property tax bill is $12,187, which is well above the national median property tax bill of $2,400.
Bills can vary widely depending on the home’s assessment and the local budget needs that fund schools, municipal services, and county operations. In Montvale, the 25th percentile tax bill is $9,863, while the 75th percentile is $15,990, showing how much bills can differ from one property to another. Higher assessments often mean higher annual costs, making property taxes a major expense for homeowners.
Median Montvale Tax Bill
$12,187
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 Montvale, Bergen County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07645 | $8,177 | $9,863 | $12,187 | $15,990 | $20,732 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 1 |
Links | |
|---|---|
| Bergen Tax Assessor | |
| Website | taxrecords-nj.com |