Waldwick, Bergen County, New Jersey Property Taxes
Property Taxes in Waldwick, New Jersey
Median Waldwick, New Jersey effective property tax rate: 2.22%, significantly lower than the national median of 1.02%, and lower than the New Jersey state median of 2.88%.
Median Waldwick, New Jersey home value: $548,100
Median annual Waldwick, New Jersey tax bill: $12,078, $9,678 higher than the national median property tax bill of $2,400.
How are property taxes in Bergen calculated?
Property taxes in Waldwick, 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 Waldwick's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Waldwick, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Waldwick, Bergen County, New Jersey Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.22%
Estimate Property Tax Bill
$12,168
$11,291
How Does the Waldwick Property Tax Calculator Work?
Use this Waldwick property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Waldwick's median effective tax rate of 2.22% — based on actual property records in Bergen County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment process uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Waldwick'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 Waldwick: rates range from 2.22% in 07463 to 2.22% in 07463, 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 Waldwick.
About Waldwick Property Taxes
About Property Taxes in Waldwick, Bergen, New Jersey
Waldwick's median effective property tax rate of 2.22% 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 Waldwick. Homeowners in the 07463 ZIP code carry a median effective rate of 2.22%, and the same ZIP also has a median home price of $548,100 and a median tax bill of $12,078. This reflects how school district boundaries and local assessment districts are drawn across Bergen County. Understanding where you live in Waldwick can make a meaningful difference to your annual tax bill.
Waldwick 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 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 Waldwick, 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 Waldwick'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 Waldwick Tax Rate
2.22%
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 Waldwick, Bergen County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07463 | 1.98% | 2.11% | 2.22% | 2.32% | 2.39% |
Source: Ownwell
Property Tax Assessment Values Across Waldwick, Bergen County, New Jersey
When examining property taxes in Waldwick, 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 assessment office 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 Waldwick.
For example, the median home price in Waldwick is $548,100, with tax bills ranging significantly across the county. 07463 has the highest median home price at $548,100.
Property Tax Assessment Values Across Waldwick, Bergen County, New Jersey
Source: Ownwell
$274,000
$1,234,400
$2,194,800
Median Waldwick Market Value
$548,100
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 Waldwick, Bergen County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07463 | $425,270 | $478,425 | $548,100 | $634,600 | $726,830 |
Source: Ownwell
Property Tax Bills Across Waldwick, Bergen County, New Jersey
Property tax bills in Waldwick are based on the assessed value of a home, not the market price alone. Local tax rates are applied to that assessment to determine what a homeowner owes each year. Because property taxes are tied to the value assigned to the property, changes in the housing market and local assessments can affect the final bill.
For Waldwick homeowners, the tax burden is high compared with the national median property tax bill of $2,400. The median home price is $548,100, and tax bills in the area are substantial, with the 25th percentile at $10,557, the 75th percentile at $14,178, and the 90th percentile at $16,100. The median tax bill in ZIP code 07463 is $12,078.
These bills can significantly affect monthly housing costs and long-term affordability, especially for homeowners whose assessments rise faster than their income.
Median Waldwick Tax Bill
$12,078
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 Waldwick, Bergen County, New Jersey
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 07463 | $9,453 | $10,557 | $12,078 | $14,178 | $16,100 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | April 1 |
Links | |
|---|---|
| Bergen Tax Assessor | |
| Website | taxrecords-nj.com |